Financial Year Ended 31 December 2018^ 2017 2016 2015* 2014^
  3 months
Unaudited
12 months
Restated
12 months
Audited
12 months
Combined
12 months
Combined
           
Revenue 360,286 1,478,719 1,455,054 1,315,121 1,294,342
Cost of sales (245,926) (1,014,862) (1,036,467) (967,134) (949,396)
Gross profit 114,360 463,857 418,587 347,987 344,946
           
Other items of income          
Interest income 13,741 59,960 83,487 61,904 62,987
Other income 5,922 17,974 38,822 7,296 6,394
           
Other items of expense          
Administrative expenses (54,119)* (248,023) (232,978) (229,479) (158,195)
Finance costs (32,682) (97,709) (142,149) (99,454) (77,869)
Zakat (250) (1,139) (5,212) (1,619) (4,874)
Share of profit of a joint venture - 8,353 16,474 9,088
Share of profit of a joint venture 1,312 3,178 (375) - -
Profit before tax 48,284 198,098 168,535 103,109 182,477
Income tax expense (17,344) (77,522) (71,345) (51,814) (55,367)
Profit net of tax 30,940 120,576 97,190 51,295 127,110
           
Other comprehensive income :          
Remeasurement gain on defined benefit plan not to be reclassified to profit or loss in subsequent periods - 2,763 - - -
Foreign currency translation to be reclassified to profit or loss in subsequent periods (5,623) (5,642) 14,476 18,120 6,127
Recycled foreign currency translation to profit or loss - - (16,881) - -
Share of other comprehensive loss of an associate 66 (3,438) (683) - -
Total comprehensive income for the period/year 25,383 114,259 94,102 69,415 133,237
           
Profit net of tax attributable to:          
Owners of the Parent 18,140 72,352 55,347 22,345 90,783
Non-controlling interests 12,800 48,224 41,843 28,950 36,327
  30,940 120,576 97,190 51,295 127,110
           
Total comprehensive income attributable to:          
Owners of the Company 12,583 65,482 52,259 40,465 96,910
Non-controlling interests 12,800 48,777 41,843 28,950 36,327
  25,383 114,259 94,102 69,415 133,237
           
Earnings per share attributable to owners of the Parent:          
Basic and diluted, for the period/year (cents) 2.04(1) 8.14(1) 6.73 3.95 16.04

Notes:-

^ Combined financial statements with 2013

* Consolidated Audited Financial Statements

(1) Based on the issued and paid-up share capital of 888,315,767 ordinary shares of RM1.00 each after the completion of the public offering.

The Company was incorporated on 28 April 2014. Accordingly the comparatives are not comparable. The continuation and combination of Ranhill Entities via the Company are accounted for using the pooling of interest method therefore the comparatives of the Group are presented as if the entities have always been combined from the beginning of the earliest period presented in the financial statements. Such comparatives are not audited as the combined Group was not in existence in the previous financial year.


The 2015 numbers have accounted for one-off expenses such as cost assuming listing status of Symphony House Berhad and reverse takeover expenses of RM45,592,000 and RM9,918,000 respectively.


*Administrative expenses include rightsizing, relocation and related cost (Ytd: RM8.7 million)


** Please read this section in conjunction with Ranhill Holdings Berhad’s Prospectus dated 31 December 2015, Annual Report and the latest Quarterly Report.