Next: Statement of Comprehensive Income

Income Statement

For the year ended 31 December 2016

Note

2016
$000

2015
$000

Operating revenue

Securities information

10,406

10,558

Listing fees

14,897

13,390

Other issuer services

1,144

770

Participant services

3,592

3,526

Securities trading

5,765

4,976

Securities clearing

5,663

5,365

Dairy derivatives

706

684

Market operations

10,729

10,631

Commodities trading

1,121

877

Agri information

10,489

11,690

Wealth platform fees

1,405

689

Funds management

11,627

9,995

Total operating revenue

9

77,544

73,151

Operating expenses

Personnel costs

(29,853)

(26,051)

Information technology

(7,303)

(6,242)

Professional fees

10

(5,593)

(5,599)

Marketing, printing and distribution

(3,064)

(3,549)

Funds expenditure

(3,660)

(2,280)

Other expenses

10

(5,554)

(4,851)

Total operating expenses

(55,027)

(48,572)

Earnings before net finance income, income tax, depreciation, amortisation and impairment, adjustment to provision for earnout, share of profit of associate, gain on sale of associate and loss on disposal of business and property, plant and equipment

22,517

24,579

Interest income

943

1,218

Interest expense

(1,233)

(1,197)

Net (loss)/gain on foreign exchange

(83)

149

Net finance income

(373)

170

Loss on disposal of businesses and property, plant and equipment

6

(467)

(29)

Depreciation and amortisation expense

(7,936)

(6,990)

Impairment expense

7

(793)

-

Adjustment to provision for earnout

8

731

-

Gain on sale of associate

12

-

11,807

Share of profit of associate

-

411

Profit before income tax

13,679

29,948

Income tax expense

13

(4,497)

(6,076)

Profit for the year

9,182

23,872

Earnings per share

Basic (cents per share)

14

3.4

9.1

Diluted (cents per share)

14

3.4

9.0

The accompanying notes form an integral part of these financial statements