Consolidated statement of comprehensive income
for the year ended 30 June 2010
C onsolidated
N ote 2010 2009
$’000 $’000
Revenue from ordinary activities 4 3,136,677 3,387,981
Share of net profits of associates and joint venture entities
and partnerships accounted for using the equity method 49,353 72,012
Other income 5 14,278 11,005
Subcontractors, raw materials and consumables (1,537,944) (1,561,888)
Employee benefits expense (1,267,849) (1,441,994)
Depreciation, amortisation and impairment 6 (73,821) (247,808)
Other expenses (215,306) (242,029)
Net finance costs (26,133) (41,702)
Finance costs 6 (27,823) (44,920)
Finance income 1,690 3,218
Profit / (loss) before income tax 79,255 (64,423)
Income tax (expense) / benefit 7(a) (5,699) 9,933
Profit / (loss) from continuing operations after income tax 73,556 (54,490)
Other comprehensive income
Exchange differences on translation of foreign operations (2,470) (22,105)
Effective portion of changes in fair value of cash flow hedge (interest rate hedge) 1,046 (39,377)
Income tax (expense) / benefit on other comprehensive income (298) 12,018
Other comprehensive income for the year, net of income tax (1,722) (49,464)
Total comprehensive income for the year 71,834 (103,954)
Profit / (loss) attributable to:
Owners of the Company 73,045 (55,010)
Non-controlling interest 511 520
Profit for the year 73,556 (54,490)
Total comprehensive income attributable to:
Owners of the Company 71,323 (104,474)
Non-controlling interest 511 520
Total comprehensive income for the year 71,834 (103,954)
Earnings per share for profit attributable to owners of the Company
Basic and diluted earnings/(loss) per share – cents 35 17.66 (15.34)
The above consolidated statement of comprehensive income should be read in conjunction with the accompanying notes.