30
'"3 &"45 (3061 -*.*5&% t "//6"- 3&1035
(In Singapore dollars)
Note
Group
2012
2011
$
$
Turnover
21 28,684,164 33,753,259
Cost of sales
(20,664,890)
(23,137,029)
Gross profit
8,019,274 10,616,230
Other operating income
22
660,101
820,968
Distribution and selling expenses
(2,703,759)
(2,666,489)
Administrative expenses
(5,238,743)
(4,353,508)
Other operating expenses
23
(6,824)
(927,851)
Profit from operations
24
730,049 3,489,350
Financial expenses
26
(138,196)
(241,872)
Interest income
14,601
11,609
Profit
before tax
606,454 3,259,087
Tax expense
27
(221,003)
(725,267)
Profit for the year
385,451 2,533,820
Attributable to:
Equity holders of the Company
384,386 2,506,142
Non-controlling interests
1,065
27,678
385,451 2,533,820
Earnings per share
Basic and diluted (cents)
28
0.53
4.14
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Consolidated
Profit
and Loss Account
For the year ended 31 December 2012