ESR AR 2019 EN

Consolidated Statement of Profit or Loss and Other Comprehensive Income Year ended 31 December 2019 123 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME ESR Annual Report 2019 2019 2018 Notes USD’000 USD’000 REVENUE 4, 5 357,369 254,148 Cost of sales (81,170) (43,742) Gross profit 276,199 210,406 Other income and gains 5 369,565 254,305 Administrative expenses (198,417) (154,567) Finance costs 7 (180,368) (104,929) Share of profits and losses of joint ventures and associates, net 93,355 65,372 Profit before tax 6 360,334 270,587 Income tax expense 10 (81,934) (57,709) Profit for the year 278,400 212,878 Attributable to: Owners of the Company 245,177 203,042 Non-controlling interests 33,223 9,836 278,400 212,878 EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE COMPANY Basic For profit for the year 12 USD0.09 USD0.08 Diluted For profit for the year 12 USD0.09 USD0.08 Profit for the year 278,400 212,878 OTHER COMPREHENSIVE INCOME Other comprehensive loss that may be reclassified to profit or loss in subsequent periods: Exchange differences on translation of foreign operations (31,566) (57,792) Share of other comprehensive loss of joint ventures and associates (16,003) (13,465) Net other comprehensive loss that may be reclassified to profit or loss in subsequent periods (47,569) (71,257) Other comprehensive income that will not be reclassified to profit or loss in subsequent periods: Changes in fair value of financial assets at fair value through other comprehensive income 63,371 8,544 Net other comprehensive income that will not be reclassified to profit or loss in subsequent periods 63,371 8,544 Other comprehensive income/(loss) for the year, net of tax 15,802 (62,713) Total comprehensive income for the year 294,202 150,165 Attributable to: Owners of the Company 257,406 134,941 Non-controlling interests 36,796 15,224 294,202 150,165