Consolidated Income Statement
For the year ended 30 June 2016
New World Development Company Limited
108
Financial Section
2016
2015
Notes
HK$m
HK$m
Revenues
6
59,570.0
55,245.0
Cost of sales
(41,047.6)
(35,939.0)
Gross profit
18,522.4
19,306.0
Other income
7
923.5
31.8
Other gains, net
8
6,454.1
15,276.4
Selling and marketing expenses
(1,768.8)
(1,957.9)
Administrative and other operating expenses
(7,855.2)
(7,850.9)
Changes in fair value of investment properties
16
307.3
3,165.5
Operating profit
9
16,583.3
27,970.9
Financing income
1,399.0
1,130.2
Financing costs
10
(1,935.7)
(1,621.9)
16,046.6
27,479.2
Share of results of
Joint ventures
1,678.4
4,319.2
Associated companies
982.1
(661.9)
Profit before taxation
18,707.1
31,136.5
Taxation
11
(6,423.7)
(4,264.4)
Profit for the year
12,283.4
26,872.1
Attributable to:
Shareholders of the Company
38
8,666.3
19,112.0
Non-controlling interests
3,617.1
7,760.1
12,283.4
26,872.1
Earnings per share
12
Basic
HK$0.95
HK$2.17
Diluted
HK$0.95
HK$2.17
