Initial annual unaudited financial results for the year ended 31 December 2014
SEMBCORP SALALAH POWER & WATER COMPANY SAOG Statement of unaudited profit and loss and other comprehensive income for the year ended 31 December Unaudited 2014 Audited 2013 RO RO Revenue 62,770,756 62,711,862 Cost of sales (29,186,960) (29,074,676) Gross profit 33,583,796 33,637,186 Administrative and general expenses (1,059,824) (1,073,617) Other income 1,683,569 6,184,900 Operating profit 34,207,541 38,748,469 Finance income 134,307 54,117 Finance costs (19,776,946) (23,977,012) Profit before tax 14,564,902 14,825,574 Income tax (1,751,602) (3,689,533) Profit after tax 12,813,300 11,136,041 Other comprehensive (loss) income, 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 (3,263,949) 18,702,625 Total comprehensive (loss) income for the year 9,549,351 29,838,666 Earnings per share: Basic earnings per share 0.13 0.12