Chemical Company of Malaysia Berhad Annual Report 2018

Statements of Profit or Loss and Other Comprehensive Income FOR THE YEAR ENDED 31 DECEMBER 2018 Amounts in RM’000 unless otherwise stated Group Company Note 2018 2017 2018 2017 Continuing operations Revenue 18 395,939 370,709 23,342 27,053 Cost of sales (292,564) (272,510) (645) (1,207) Gross profit 103,375 98,199 22,697 25,846 Other income 16,332 7,706 12,073 16,279 Distribution expenses (11,405) (9,176) – – Administrative expenses (40,177) (54,031) (11,031) (24,699) Other expenses (2,939) (8,710) (2,090) (4,117) Results from operating activities 65,186 33,988 21,649 13,309 Finance income 5,991 5,021 3,669 15,218 Finance costs (21,071) (24,965) (17,803) (21,818) Net finance costs (15,080) (19,944) (14,134) (6,600) Share of profit of equity-accounted associate,  net of tax 1,510 681 – – Profit before tax 51,616 14,725 7,515 6,709 Tax expense 19 (20,872) (17,374) (4,534) (126) Profit/(Loss) from continuing operations 30,744 (2,649) 2,981 6,583 Discontinued operation Profit from discontinued operation, net of tax 20 – 42,467 – – Profit for the year 21 30,744 39,818 2,981 6,583 Other comprehensive income, net of tax Item that are or may be reclassified  subsequently to profit or loss Fair value of available-for-sale financial assets – (4,505) – (4,535) Foreign currency translation differences for  foreign operations 1,367 18,578 – – 1,367 14,073 – (4,535) 102 ANNUAL REPORT 2018