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Annual Report 2016 61
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2016
Consolidated statement of profit or loss and other comprehensive income
For the year ended 30 June 2016
Notes
2016
$'000
2015
$'000
Revenue from continuing operations
2
413,188
495,326
Other income
3
3,862
3,268
Mining, development and processing costs
(139,931)
(135,352)
Employee benefits expense
(66,975)
(63,841)
Share-based payments expense
(819)
(2,949)
Fair value movement of financial investments
2,374
1,467
Depreciation and amortisation expense
(99,695)
(98,551)
Rehabilitation and restoration borrowing expense
(707)
(590)
Exploration costs expensed
(19,720)
(25,263)
Royalty expense
(12,557)
(15,647)
Ore tolling expense
(10,092)
(12,297)
Shipping and wharfage costs
(16,143)
(19,539)
Borrowing and finance costs
(76)
(1,566)
Impairment of exploration and evaluation expenditure
15
(35,518)
(3,461)
Acquisition and other integration costs
(65,137)
-
Other expenses
(11,266)
(11,044)
(Loss) profit before income tax
(59,212)
109,961
Income tax benefit (expense)
5
442
(33,182)
(Loss) profit for the period
(58,770)
76,779
Other comprehensive income
Items that may be reclassified to profit or loss
Effective portion of changes in fair value of cash flow hedges, net of tax
404
2,038
Exchange differences on translation of foreign operations
-
(8)
Other comprehensive income for the period, net of tax
404
2,030
Total comprehensive (loss) income for the period
(58,366)
78,809
(Loss) profit for the period attributable to the members of Independence
Group NL
(58,770)
76,779
Total comprehensive (loss) income for the period attributable to the
members of Independence Group NL
(58,366)
78,809
Cents
Cents
(Loss) earnings per share for (loss) profit attributable to the ordinary
equity holders of the Company:
Basic (loss) earnings per share
6
(13.12)
32.78
Diluted (loss) earnings per share
6
(13.12)
32.47
The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with
the accompanying notes.
Independence Group NL
33