Consolidated statement of profit or loss
For the period ended 30 June 2019
|
$million |
Note |
2019 |
Restated* 2018 |
|---|---|---|---|
|
Revenue |
2,848.4 |
2,784.2 |
|
|
Other income |
4.5 |
4.4 |
|
|
Direct costs of revenue |
(1,794.2) |
(1,592.4) |
|
|
Consumables and supplies |
(70.3) |
(69.8) |
|
|
Employee benefits expense |
(214.3) |
(209.4) |
|
|
Depreciation and amortisation expense |
(139.1) |
(138.9) |
|
|
Impairment loss recognised on trade receivables |
(22.3) |
(20.6) |
|
|
Other expenses |
(118.3) |
(121.3) |
|
|
Changes in fair value of financial instruments |
15.7 |
(212.7) |
|
|
Profit before net finance costs and income tax |
510.1 |
423.5 |
|
|
Interest income |
0.9 |
0.8 |
|
|
Finance costs |
(35.0) |
(42.8) |
|
|
Profit before income tax |
476.0 |
381.5 |
|
|
Income tax expense |
(143.8) |
(114.0) |
|
|
Profit for the period attributable to the owners of Snowy Hydro Limited |
332.2 |
267.5 |
*The prior period financial information has been restated, as described in Note 2 of the Financial Statements.
The consolidated statement of profit or loss should be read in conjunction with the notes to the consolidated financial statements.
Visit
https://www.transparency.gov.au/annual-reports/snowy-hydro-limited/reporting-year/2018-2019-42