Announcements

25.01.2016

Initial annual unaudited financial results for the year ended 31 December 2015

SEMBCORP SALALAH POWER & WATER COMPANY SAOG

 

Statement of profit and loss and other comprehensive income

for the year ended 31 December

 

Unaudited

2015

Audited

2014

RO

RO

Revenue

73,620,776

62,770,756

Cost of sales

(39,704,971)

(29,186,960)

Gross profit

33,915,805

33,583,796

Administrative and general expenses

(532,616)

(1,059,824)

Other income

1,583

1,683,569

Operating profit

33,384,772

34,207,541

Finance income

90,182

134,307

Finance costs

(17,905,289)

(19,776,946)

Profit before tax

15,569,665

14,564,902

Income tax

(1,872,440)

(1,751,602)

Profit after tax

13,697,225

12,813,300

Other comprehensive income (loss), net of income tax:
Item that are or may be classified to profit or loss
Effective portion of change  in fair value of cash flow hedge

2,032,336

(3,263,949)

Total comprehensive income for the year

15,729,561

9,549,351

Earnings per share:
Basic earnings per share

0.14

0.13

 

The above reported numbers represent initial unaudited financial results and are  subject to approval and confirmation by the Company’s Audit Committee and Board of Directors.