Group Corporation Note 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Revenue 3 9,597,239 10,908,386 1,118,736 1,718,880 Cost of sales (6,758,690) (7,528,245) (855,889) (1,201,775) Gross profit 2,838,549 3,380,141 262,847 517,105 Other operating income 4 1,292,269 592,616 2,165,711 873,249 Impairment provisions 5(a) (358,657) (491,272) (9,433) (461,489) Net loss on disposal of ships – (70,622) – (70,622) Gain on acquisition of subsidiaries 15 903,682 – – – Finance income 8(b) 50,276 60,333 179,185 184,334 General and administrative expenses (1,952,308) (1,250,520) (496,975) (140,474) Finance costs 8(a) (247,900) (240,353) (105,243) (123,412) Share of profit of associates 107 157 – – Share of profit of joint ventures 287,949 586,377 – – Profit before taxation 5 2,813,967 2,566,857 1,996,092 778,691 Taxation 9 (20,691) (31,750) – – Profit after taxation 2,793,276 2,535,107 1,996,092 778,691 Attributable to: Equity holders of the Corporation 2,581,550 2,467,780 1,996,092 778,691 Non-controlling interests 211,726 67,327 – – 2,793,276 2,535,107 1,996,092 778,691 Earnings per share attributable to equity holders of the Corporation (sen) Basic 10 57.8 55.3 Diluted 10 57.8 55.3 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. MISC BERHAD • Annual Report 2016 162 income statements for the year ended 31 december 2016
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