47
ANNUAL REPORT 2015
Note
2015
2014
$’000
$’000
Continuing operations
Revenue
Tin mining and smelting revenue
528,493
743,364
Property revenue
4
11,456
21,392
Total revenue
539,949
764,756
Other items of income/(loss)
Dividend income
5
25,407
8,193
Interest income
6
10,485
5,395
Fair value changes in investment properties
16
(4,819)
(4,021)
Other (loss)/income
7
(19,937)
35,093
551,085
809,416
Other items of expense
Employee benefits expense
8
(26,613)
(29,513)
Depreciation expense
15
(3,187)
(2,925)
Amortisation expense
17
(687)
(683)
Impairment losses
9
(294)
(1,267)
Costs of tin mining and smelting
(481,112)
(686,533)
Finance costs
10
(15,714)
(29,748)
Other expenses
11
(41,077)
(40,531)
Total expenses
(568,684)
(791,200)
Share of results of associates and joint ventures
28,475
14,866
Profit before tax from continuing operations
12
10,876
33,082
Income tax expense
13
(3,391)
(9,184)
Profit after tax from continuing operations
7,485
23,898
Discontinued operations
Loss after tax from discontinued operations
25
–
(7,704)
Profit after tax
7,485
16,194
Attributable to:
Owners of the Company
Profit after tax from continuing operations
8,549
20,548
Loss after tax from discontinued operations
–
(1,962)
Profit attributable to owners of the Company
8,549
18,586
Non-controlling interests
(Loss)/Profit after tax from continuing operations
(1,064)
3,350
Loss after tax from discontinued operations
–
(5,742)
Loss after tax attributable to non-controlling interests
(1,064)
(2,392)
Earnings per share from continuing operations attributable to owners of
the Company (cents per share)
14
Basic
2.1
5.0
Diluted
2.1
5.0
Earnings per share (cents per share)
14
Basic
2.1
4.6
Diluted
2.1
4.6
CONSOLIDATED INCOME STATEMENT
For the financial year ended 31 December 2015
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
