|Financial Year Ended 31 December||2017||2016||2015*||2014^||2013^|
|Cost of sales||(1,031,116)||(1,036,467)||(967,134)||(949,396)||(862,877)|
|Other items of income|
|Other items of expense|
|Share of profit of a joint venture||-||8,353||16,474||9,088||1,609|
|Share of profit of a joint venture||5,885||(375)||-||-||-|
|Profit before tax||194,793||185,308||103,109||182,477||181,821|
|Income tax expense||(69,241)||(71,345)||(51,814)||(55,367)||(50,323)|
|Profit net of tax||125,552||113,963||51,295||127,110||131,498|
|Other comprehensive income :|
|Remeasurement gain on defined benefit plan not to be reclassified to profit or loss in subsequent periods||2,764||-||-||-||1,437|
|Foreign currency translation to be reclassified to profit or loss in subsequent periods||(13,064)||15,409||18,120||6,127||7,210|
|Recycled foreign currency translation to profit or loss||-||(16,881)||-||-||-|
|Share of other comprehensive loss of an associate||1,928||(683)||-||-||-|
|Total comprehensive income for the period/year||117,180||111,808||69,415||133,237||140,145|
|Profit net of tax attributable to:|
|Owners of the Company||77,859||72,120||22,345||90,783||84,647|
|Total comprehensive income attributable to:|
|Owners of the Company||68,931||69,965||40,465||96,910||92,313|
|Earnings per share attributable to owners of the Parent:|
|Basic and diluted, for the period/year (cents)||8.76(1)||8.77(1)||3.95||16.04||14.96|
^ Combined financial statements
* 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.