McPHERSON’S LIMITED

 ANNUAL REPORT 2015  

  

59

AUSTRALIA

$’000

NEW ZEALAND

$’000

REST OF 

THE WORLD

$’000

INTER-SEGMENT 

ELIMINATIONS

$’000

CONSOLIDATED

$’000

2014 

1

Sales to external customers

307,420

33,466

11,811

-

352,697

Inter-segment sales

2,560

35

118,933

(121,528)

-

Total sales revenue

309,980

33,501

130,744

(121,528)

352,697

Other revenue / income (excluding interest)

316

25

305

-

646

Total segment revenue and other income 

310,296

33,526

131,049

(121,528)

353,343

EBITDA before significant items

23,182

3,251

3,083

-

29,516

Depreciation and amortisation expense

(2,436)

(411)

(48)

-

(2,895)

Segment result before significant items

20,746

2,840

3,035

-

26,621

Significant items (refer Note 5(C))

(82,598)

-

-

-

(82,598)

Segment result including significant items

(61,852)

2,840

3,035

-

(55,977)

Net borrowing costs

(6,620)

Loss before income tax

(62,597)

Income tax expense

(4,442)

Loss after income tax

(67,039)

Total segment assets

237,549

21,659

34,582

(29,743)

264,047

Non-current assets (other than financial assets and deferred tax)

86,497

6,551

1,258

-

94,306

Additions to non-current assets (other than financial assets and 
deferred tax)

25,929

217

16

-

26,162

1. See Note 1(A) for details regarding the restatement as a result of an error

NOTE 8.   INCOME TAX

(A) INCOME TAX EXPENSE

2015

$’000

2014

1

$’000

Current tax

3,719

4,787 

Deferred tax

(1,182)

(224)

Over provision in prior years

(153)

(121)

2,384

4,442

Deferred income tax credit included in income tax expense comprises:

(Increase) / decrease in deferred tax assets (Note 17)

(1,065)

329

Decrease in deferred tax liabilities (Note 23)

(117)

(553)

(1,182)

(224)

1. See Note 1(A) for details regarding the restatement as a result of an error