CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021
NOTES | 2021 AED’000 | 2020 AED’000 (RESTATED) | |
---|---|---|---|
Operating revenue | 18 | 121,980 | 142,641 |
Operating costs | 19 | (98,022) | (143,161) |
Gross profit / (loss) | 23,958 | (520) | |
Write-off of a vessel | 5 | – | (197,541) |
Loss on disposal of asset | 5 | – | (9,610) |
Provision for impairment of vessels | 5 | – | (12,649) |
Income on discounting of a financial liability to its present value | 13(e) | 3,265 | – |
General and administrative expenses | 20 | (18,667) | (17,946) |
Other income | 794 | 185 | |
Income from insurance claim | 24 | 85,759 | – |
Liabilities no longer required written back | 25 | 6,661 | 1,926 |
Operating profit/ (loss) for the period | 101,770 | (236,155) | |
Finance costs | 23 | (40,418) | (46,622) |
Profit / (loss) before income tax | 61,352 | (282,777) | |
Income tax | (1,830) | (1,830) | |
Profit / (loss) for the year | 59,522 | (284,607) | |
Other comprehensive income for the year | – | – | |
Total comprehensive income/ (loss) for the year | 59,522 | (284,607) | |
Attributable to: | |||
Owners of the Company | 60,750 | (284,464) | |
Non-controlling interests | (1,228) | (143) | |
Total comprehensive income/ (loss) for the year | 59,522 | (284,607) | |
Earnings per share attributable to owners of the Company | |||
| 22 | 0.060 | (0.279) |