CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 30 JUNE 2016 2016 2015 NOTES $’000 $’000 Sales 5 717,211 471,615 Other income 6 1,045 908 Promotional and other rebates (118,771) (83,285) Net revenue and other income 599,485 389,238 Raw materials and consumables used 214,263 147,750 Employee benefits expenses 7 134,933 94,353 Selling and marketing expenses 49,177 34,779 Depreciation and amortisation expenses 7 7,045 6,391 Operating lease rental expenses 7 4,496 3,519 Professional and consulting expenses 9,168 7,372 Repairs and maintenance expenses 4,683 3,275 Freight expenses 10,906 6,615 Bank charges 2,099 1,355 Other expenses 17,494 11,565 Total expenses 454,264 316,974 Earnings before interest and tax 145,221 72,264 Interest revenue 462 415 Interest expense 7 (2,272) (3,847) Net interest expense (1,810) (3,432) Profit before tax 143,411 68,832 Income tax expense 9 (43,391) (22,276) Profit for the year 100,020 46,556 Other comprehensive income Items that may be reclassified subsequently to profit or loss Exchange differences arising on translation of foreign controlled entities (838) 4,158 Net gain/(loss) on hedging instruments entered into for cash flow hedges, net of tax 24.2 537 (400) Other comprehensive (expense)/income for the year, net of tax (301) 3,758 Total comprehensive income for the year 99,719 50,314 Profit attributable to: Owners of the parent 100,008 Non-controlling interests 12 100,020 46,556 46,556 Total comprehensive income attributable to: Owners of the parent 99,690 50,314 Non-controlling interests 29 99,719 50,314 EARNINGS PER SHARE BLACKMORES ANNUAL REPORT 2016 64 – Basic earnings per share (cents) – Diluted earnings per share (cents) Notes to the Consolidated Financial Statements are included on pages 68 to 103. 27 27 580.6 575.9 270.7 269.1