McConnell Dowell 2018 Annual Review

McConnell Dowell Financial Statements 2018 7 Statement of Profit or Loss For the year ended 30 June 2018 All figures are in A$ 000’s Note 2018 2017 Revenue 2 1,170,067 905,569 Less: change in revenue estimates 2 – (317,048) Net Revenue 1,170,067 588,521 Other income 2 11,197 16,355 Total Income 1,181,264 604,876 Operating expenses 3 (1,154,189) (917,680) Operating expenses relating to change in cost estimates – (115,750) Depreciation 10 (13,028) (16,948) Bad debt – (45) Share of associate profit / (losses) 11 (636) 1,533 Finance income 4 961 685 Finance costs 4 (2,849) (4,547) Profit / (loss) before tax 11,523 (447,876) Income tax expense 6 (3,547) (22,038) PROFIT / (LOSS) AFTER TAX FOR THE YEAR 7,976 (469,914) Attributable to: Members of the parent entity 25 7,806 (469,980) Non-controlling interest 26 170 66 PROFIT / (LOSS) AFTER TAX FOR THE YEAR 7,976 (469,914) The above Statement of Profit or Loss is to be read in conjunction with the accompanying notes Consolidated McConnell Dowell Annual R vi w 2018 43