Pan Ocean



Financial Information

Comprehensive Income

(Unit :In thousands of US$)

Comprehensive Income
Consolidated Balance Sheet based on K-IFRS 2016 2015 2014
Sales 1,616,997 1,605,284 1,563,710
cost of sales (1,423,998) (1,357,471) (1,313,669)
Gross profit 192,999 247,813 250,041
Selling and Administrative expenses (48,219) (51,532) (46,057)
Operating profit 144,780 196,281 203,984
Finance income 13,419 39,946 4,897
Finance costs (52,008) (104,667) (106,009)
Other non-operating income(loss), net (21,776) (95,202) 655,792
Gain(loss) related to investments in associates and joint ventures 352 (282) 490
Net foreign exchange gains(losses) on financial instrument - - (6,834)
Profit before income tax 84,767 36,076 752,320
Income tax expense 1,766 728 831
Profit (loss) of continuing operations 83,001 35,348 751,489
Profit (loss) of dicontinued operations, net of tax 0 (1,254) (2,954)
Profit for the year 83,001 34,094 748,535
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