Sky City Limited |
1999 Interim Report |
Consolidated Statement of Financial Performance
for the 6 months ended 31 December 1998
|
6 months ended |
6 months ended |
12 months ended |
CONTINUING ACTIVITIES |
|||
Revenue |
|||
Sales |
127,672 |
120,969 |
239,065 |
Interest received |
373 |
257 |
556 |
Other revenue |
48 |
20 |
20 |
Total Revenue |
128,093 |
121,246 |
239,641 |
Expense |
|||
Operating expenses |
68,284 |
69,780 |
138,146 |
Depreciation |
12,396 |
11,459 |
23,790 |
Funding expenses |
12,949 |
12,427 |
24,244 |
Pre-opening expenses |
- |
2,392 |
5,261 |
Total Expenses |
93,629 |
96,058 |
191,441 |
Operating Surplus before |
34,464 |
25,188 |
48,200 |
Non-Recurring Expenses |
|||
Pre-opening expenses |
- |
- |
23,433 |
Management termination fee |
- |
- |
20,370 |
Total Non-Recurring Expenses |
- |
- |
43,803 |
SURPLUS BEFORE INCOME TAX |
34,464 |
25,188 |
4,397 |
Income tax |
12,026 |
8,417 |
1,926 |
SURPLUS AFTER INCOME TAX |
22,438 |
16,771 |
2,471 |
SURPLUS AFTER INCOME TAX |
|||
Operations |
22,438 |
16,771 |
32,097 |
Non-recurring expenses |
- |
- |
(29,626) |
22,438 |
16,771 |
2,471 |
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