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Annual Report 2015 91
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2015
Consolidated statement of profit or loss and other comprehensive income
For the year ended 30 June 2015
Notes
2015
$'000
Restated*
2014
$'000
Revenue from continuing operations
7
495,326
399,059
Other income
8
3,268
-
Mining, development and processing costs
(135,352)
(100,494)
Employee benefits expense
(63,841)
(61,196)
Share-based payments expense
(2,949)
(4,632)
Fair value movement of financial investments
1,467
(2)
Depreciation and amortisation expense
(98,551)
(65,938)
Rehabilitation and restoration borrowing expense
(590)
(565)
Exploration costs expensed
(25,263)
(31,129)
Royalty expense
(15,647)
(14,309)
Ore tolling expense
(12,297)
(11,973)
Shipping and wharfage costs
(19,539)
(17,551)
Borrowing and finance costs
(1,566)
(5,138)
Impairment of exploration and evaluation expenditure
20
(3,461)
(6,079)
Other expenses
(11,044)
(9,355)
Profit before income tax
109,961
70,698
Income tax expense
10
(33,182)
(22,119)
Profit for the year
76,779
48,579
Other comprehensive income
Items that will be reclassified to profit or loss
Effective portion of changes in fair value of cash flow hedges, net of tax
2,038
(4,435)
Exchange differences on translation of foreign operations
(8)
-
Other comprehensive income for the year, net of tax
2,030
(4,435)
Total comprehensive income for the year
78,809
44,144
Profit for the year attributable to the members of Independence Group
NL
76,779
48,579
Total comprehensive income for the year attributable to the members of
Independence Group NL
78,809
44,144
Cents
Cents
Earnings per share for profit attributable to the ordinary equity holders of
the Company:
Basic earnings per share
12
32.78
20.82
Diluted earnings per share
12
32.47
20.64
* Refer to note 3 for details about restatements for the voluntary change in accounting policy.
The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with
the accompanying notes.
Independence Group NL
27