Bradken Limited Annual Report 2015 - page 86

51 l BRADKEN LIMITED ANNUAL REPORT 2015
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Notes to the consolidated financial statements
30 June 2015
(continued)
6 Profit from ordinary activities
2015
2014
$'000
$'000
Revenue
From continuing operations
Sales revenue
Sale of goods
965,861
1,135,240
965,861
1,135,240
Other revenue
Rental income
366
405
Royalty income
88
251
Sale of scrap
590
380
Commission received
41
19
Other
1,412
1,271
968,358
1,137,566
Other income
Interest
1,049
1,282
Insurance recoveries
2,209
1,795
26,492
-
-
13,339
29,750
16,416
Expenses
2015
2014
$'000
$'000
Depreciation
Buildings
6,484
4,790
Plant & equipment
38,244
42,790
Leasehold improvements
150
184
Plant & equipment under finance leases
7,177
5,184
Total depreciation
52,055
52,948
Amortisation
Customer lists
5,765
7,470
Trademarks
3,266
1,423
Licences and other
2,249
4,124
Total amortisation
11,280
13,017
Impairment charges
Goodwill
141,360
-
Customer lists
9,137
-
Licences and other
16,685
-
Total impairment
167,182
-
Finance costs - net
Interest and finance charges paid/payable
34,754
30,636
Borrowing costs amortisation
1,980
1,514
36,734
32,150
Amount capitalised*
(2,638)
(1,488)
Finance costs expensed
34,096
30,662
567
15,498
*The borrowing costs capitalised represent
amounts incurred upfront to renew finance facilities.
Foreign exchange losses recognised in profit before income
tax for the year
Profit before income tax includes the following specific
expenses:
Net gain on disposal of property, plant and equipment
Recovery of costs associated with the Pala legal matter (note 7)
1...,76,77,78,79,80,81,82,83,84,85 87,88,89,90,91,92,93,94,95,96,...131
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