60
SINGAPORE SHIPPING CORPORATION LIMITED
The Group
Note
2016
US$’000
2015
US$’000
(Restated)
Revenue
4
44,921
34,712
Other operating income
1,374
1,324
Depreciation expense on property, plant and equipment
9
(6,940)
(3,778)
Vessel operation costs
(5,124)
(3,150)
Transportation, warehouse and terminal operating costs
(8,050)
(10,182)
Staff and crew costs
(11,931)
(8,835)
Other operating expenses
(1,454)
(1,781)
Results from operating activities
5
12,796
8,310
Finance income
6
41
360
Finance costs on bank borrowings
(2,968)
(700)
Exchange differences
(177)
968
Share of results of associated company and joint venture,
net of tax
(124)
(38)
Profit before taxation
9,568
8,900
Taxation
7
20
(4)
Profit for the year
9,588
8,896
Attributable to:
Owners of the Company
9,588
8,896
Earnings per share (US cents):
Basic
8
2.2
2.0
Diluted
8
2.2
2.0
The accompanying notes form an integral part of these financial statements.
CONSOLIDATED INCOME STATEMENT
for the financial year ended 31 March 2016
