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Income StatementsThe GroupThe CompanyYear ended Year ended Year ended Year ended31 December 31 December 31 December 31 December2004 2003 2004 2003Note $ $ $ $Revenue 3 69,855,950 52,874,362 68,244,184 52,864,406Investment and <strong>inter</strong>est income 828,968 681,820 55,000 70,000Other operating income 200,021 163,755 70,662 324,473Materials, components andsubcontract costs (33,965,823) (26,887,291) (36,279,136) (28,366,015)Staff costs (16,179,885) (13,756,788) (15,052,177) (12,979,522)Depreciation and amortisation expense (1,112,073) (1,001,579) (904,240) (818,402)Other operating expenses (7,965,708) (4,210,917) (6,966,465) (3,780,574)Profit from operations 11,661,450 7,863,362 9,167,828 7,314,366Finance cost (143,233) (97,830) (109,258) (29,106)Profit before taxation 19 11,518,217 7,765,532 9,058,570 7,285,260Taxation 20 (1,243,785) (1,188,064) (1,161,744) (1,116,574)Profit after taxation attributableto members of the Company 10,274,432 6,577,468 7,896,826 6,168,686Earnings per share 22 13.6 cents 9.1 centsFully diluted earnings per share 22 13.5 cents 9.0 centsThe annexed notes form an integral part of and should be read in conjunction with these financial statements.<strong>inter</strong>-<strong>roller</strong> engineering limited annual report2004 41

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