IGO Interactive Annual Report 2019

Consolidated statement of profit or loss and other comprehensive income For the year ended 30 June 2019 Notes 2019 $'000 2018 $'000 Revenue from continuing operations 2 784,512 777,946 Other income 3 8,377 2,689 Mining, development and processing costs (262,851) (241,302) Employee benefits expense (53,234) (88,795) Share-based payments expense (3,123) (3,267) Fair value movement of financial investments (6,915) 231 Depreciation and amortisation expense (237,118) (252,133) Exploration and evaluation expense (57,317) (38,926) Royalty expense (30,506) (30,489) Ore tolling expense (57) (8,776) Shipping and wharfage costs (18,340) (19,787) Borrowing and finance costs (6,638) (10,699) Other expenses (11,342) (7,626) Profit before income tax 105,448 79,066 Income tax expense 5 (29,363) (26,380) Profit after income tax for the period 76,085 52,686 Other comprehensive income Items that may be reclassified to profit or loss Effective portion of changes in fair value of cash flow hedges, net of tax (1,054) 1,784 Exchange differences on translation of foreign operations (27) 42 Other comprehensive (loss)/income for the period, net of tax (1,081) 1,826 Total comprehensive income for the period 75,004 54,512 Profit for the period attributable to the members of Independence Group NL 76,085 52,686 Total comprehensive income for the period attributable to the members of Independence Group NL 75,004 54,512 Cents Cents Earnings per share for profit attributable to the ordinary equity holders of the Company: Basic earnings per share 6 12.89 8.98 Diluted earnings per share 6 12.84 8.94 The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes. Independence Group NL 2 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2019 66 — IGO ANNUAL REPORT 2019