| Temasek Review 2011
Group Income Statements
In S$ million
| For year ended 31 Mar | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56,468 | 67,520 | 79,822 | 74,563 | 83,284 | 79,615 | 76,658 | 83,519 |
| Cost of sales | (37,659) | (43,780) | (53,309) | (49,282) | (53,290) | (57,477) | (50,679) | (52,992) |
| Gross profit | 18,809 | 23,740 | 26,513 | 25,281 | 29,994 | 22,138 | 25,979 | 30,527 |
| Other operating income1 | 5,874 | 4,099 | 9,391 | 8,370 | 15,870 | 16,198 | 4,518 | 4,855 |
| Expenses: | ||||||||
| Selling & Distribution | (3,559) | (3,939) | (4,086) | (4,278) | (5,197) | (5,042) | (5,318) | (5,758) |
| Administrative | (5,722) | (7,003) | (8,040) | (8,104) | (8,619) | (8,068) | (8,723) | (7,322) |
| Finance | (1,724) | (2,120) | (2,415) | (2,611) | (3,207) | (2,727) | (2,432) | (2,598) |
| Other operating expenses1 | (4,164) | (5,009) | (4,805) | (5,053) | (8,681) | (15,333) | (9,937) | (6,260) |
| Profit before share of results of associated companies, partnerships and joint ventures | 9,514 | 9,768 | 16,558 | 13,605 | 20,160 | 7,166 | 4,087 | 13,444 |
| Share of results of associated companies and partnerships | 1,472 | 1,410 | 1,163 | (830) | 3,187 | 1,333 | 2,374 | 2,604 |
| Share of results of joint ventures | 787 | 1,037 | 1,263 | 1,566 | 2,182 | 1,870 | 2,013 | 1,727 |
| Profit before income tax | 11,773 | 12,215 | 18,984 | 14,341 | 25,529 | 10,369 | 8,474 | 17,775 |
| Income tax expense | (2,050) | (1,837) | (2,518) | (1,381) | (3,055) | (1,280) | (1,682) | (1,953) |
| Profit from continuing operations | 9,723 | 10,378 | 16,466 | 12,960 | 22,474 | 9,089 | 6,792 | 15,822 |
| Profit from discontinued operations | – | 31 | 67 | 16 | – | – | – | – |
| Total profit | 9,723 | 10,409 | 16,533 | 12,976 | 22,474 | 9,089 | 6,792 | 15,822 |
| Profit attributable to: | ||||||||
| Equity holder of the Company | 7,365 | 7,521 | 12,827 | 9,112 | 18,240 | 6,183 | 4,593 | 12,668 |
| Non-controlling interests | 2,358 | 2,888 | 3,706 | 3,864 | 4,234 | 2,906 | 2,199 | 3,154 |
| Total profit for the financial year | 9,723 | 10,409 | 16,533 | 12,976 | 22,474 | 9,089 | 6,792 | 15,822 |
- 1Certain comparatives have been reclassified to be consistent with current presentation.