For the year ended 31 December 2007
|
Consolidated |
Parent entity | ||||
|
|
2007 |
2006 |
2007 |
2006 | |
|
Note |
$'000 |
$'000 |
$'000 |
$'000 | |
 | |||||
|
Revenue from sale of goods |
|
19,078,481 |
18,441,437 |
– |
– |
 | |||||
|
Replacement cost of goods sold (excluding product duties and taxes and inventory gains) |
|
(13,344,223) |
(12,997,732) |
– |
– |
|
Product duties and taxes |
|
(4,628,750) |
(4,411,846) |
– |
– |
|
Inventory gains |
|
289,767 |
51,683 |
– |
– |
| |||||
|
Cost of goods sold - historical cost |
|
(17,683,206) |
(17,357,895) |
– |
– |
| |||||
|
Gross profit |
|
1,395,275 |
1,083,542 |
– |
– |
|
Other income |
270,246 |
226,360 |
286,128 |
190,176 | |
|
Refining and supply expenses |
|
(20,996) |
(18,731) |
– |
– |
|
Marketing expenses |
|
(609,171) |
(542,138) |
– | – |
|
Finance costs |
(45,956) |
(48,513) |
(48,345) |
(56,595) | |
|
Other expenses |
|
(64,256) |
(43,773) |
(3,511) |
(4,164) |
|
Share of net profit of entities accounted for using the equity method |
3,313 |
5,118 |
– |
– | |
| |||||
|
Profit before income tax expense |
|
928,455 |
661,865 |
234,272 |
129,417 |
|
Income tax expense |
(279,639) |
(194,668) |
(3,387) |
(3,826) | |
| |||||
|
Net profit |
|
648,816 |
467,197 |
230,885 |
125,591 |
|
Net profit attributable to minority interest |
|
2,466 |
1,221 |
– |
– |
| |||||
|
Net profit attributable to members of the parent entity |
|
646,350 |
465,976 |
230,885 |
125,591 |
 | |||||
|
Basic and diluted earnings per share: |
|
|
|
|
|
|
Historical cost - cents per share(i) |
239.4 |
172.6 |
|
| |
| |||||
(i) Replacement cost earnings per share is also disclosed in note 6.
The income statements are to be read in conjunction with the notes to the financial statements.