Condensed consolidated statement of profit or loss and other comprehensive income | Tharisa

	Notes	2018 US$’000	2017 US$’000
Revenue	5	406 268	349 443
Cost of sales	6	(297 782)	(226 789)
Gross profit		108 486	122 654
Other income		2 432	160
Net foreign exchange gain		852	2 458
Administrative expenses	7	(39 232)	(26 903)
Results from operating activities		72 538	98 369
Finance income		1 279	1 122
Finance costs		(10 189)	(7 689)
Changes in fair value of financial assets at fair value through profit or loss		1 262	(813)
Changes in fair value of financial liabilities at fair value through profit or loss		155	–
Share of loss of investment accounted for using the equity method		(62)	–
Profit before tax		64 983	90 989
Tax	8	(14 011)	(23 316)
Profit for the year		50 972	67 673
Other comprehensive income
Items that may be classified subsequently to profit or loss
Foreign currency translation differences for foreign operations, net of tax		(10 663)	(387)
Other comprehensive income, net of tax		(10 663)	(387)
Total comprehensive income for the year		40 309	67 286
Profit for the year attributable to:
Owners of the Company		48 433	57 601
Non-controlling interest		2 539	10 072
		50 972	67 673
Total comprehensive income for the year attributable to:
Owners of the Company		41 790	57 451
Non-controlling interest		(1 481)	9 835
		40 309	67 286
Earnings per share
Basic earnings per share (US$ cents)	9	19	22
Diluted earnings per share (US$ cents)	9	18	22

The notes are an integral part of these condensed consolidated financial statements.