96.
INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
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For the financial year ended 31 December 2015
8.
PROFIT FROM OPERATIONS (CONT’D)
Presentation of expenses recognised in the consolidated statement of comprehensive income based on function is as
follows:
Group
Note
2015
2014
(Restated)
Rp million
Rp million
Revenue
4
13,835,444
14,962,727
Cost of sales
5 (10,484,949)
(10,695,201)
Gross profit
3,350,495
4,267,526
Selling and distribution costs
(547,651)
(454,530)
General and administrative expenses
(956,435)
(1,019,305)
Other operating income
131,828
193,420
Other operating expenses
(495,162)
(329,881)
Share of results of associate companies
(60,133)
(149,883)
Share of results of a joint venture
(171,889)
28,918
Finance income
9
140,848
253,590
Finance expense
10
(694,150)
(757,365)
Profit before tax
697,751
2,032,490
Income tax expense
11
(398,977)
(704,331)
Net profit for the year
298,774
1,328,159
9.
FINANCE INCOME
Group
2015
2014
(Restated)
Rp million
Rp million
Interest on current accounts and short term deposits
132,452
244,619
Others
8,396
8,971
Total
140,848
253,590
10.
FINANCE EXPENSE
Group
2015
2014
Rp million
Rp million
Interest expense on:
- Bank loans
642,646
640,456
- Bonds
–
49,434
- Sukuk Ijarah
–
30,430
- Others
32,148
20,504
Bank charges
19,356
16,541
Total
694,150
757,365
