I am needing to find the interest coverage ratio (EBIT/Net Finance Costs) and the debt coverage ratio (Non-Current Liabilities/Net Cash Flow Provided By Operating Activities).
for the year ended 30 June 2018 2018 2017 Note $'000 $'000 328,704 199,830 128,874 Revenue 5 6 240,182 148,661 91,521 Cost of sales Gross Profit Other income 582 248 (21,074) (19,004) (14,578) 10,233 Direct costs (distribution & other costs) Employee costs Marketing and innovation costs Administrative and other costs 6 (22,258) (15,992) (10,919) (41,220) 6 6 Earnings before interest and tax, depreciation and amortisation (EBITDA) Depreciation and amortisation Earnings before net interest and tax (EBIT) Net interest revenue/(expense) Profit/(Loss) before income tax Income tax expense Net Profit/(Loss) after income tax 1,380 787 593 1,270 (677) 64,567 4,298 60,269 927 61,196 18,380 7 131 42,816 809 Other comprehensive income (net of tax) Items that may be reclassified to profit and loss Changes in the fair value of cash flow hedges Exchange differences arising from translation of wholly owned foreign entities Total other comprehensive income Total comprehensive income for the year Total net profit attributable to Non-controlling interest Owners of Bellamy's Australia Limited Total net profit/(loss) for the year Total comprehensive income attributable to Non-controlling interest Owners of Bellamy's Australia Limited Total comprehensive income for the year 45 540 843 447 93 716 43,703 (451) 43,267 42,816 809 809 (451) 44,154 43,703 716 716) Basic earnings per share (cents) Diluted earnings per share (cents) 39.2 0.8 37.2 0.8 The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes. 6 Expenses and significant items 2018 2017 $'000 $'000 Cost of sales 3,289 Shortfall payments 2,000 Direct costs 5,973 Inventory provisions and write offs1 6,838 Employee costs Wages & salaries2 Restructuring costs1 Share based payments 9,401 1,449 2,289 11,178 4,053 Administrative & Other Fonterra payment for the supply chain reset' Costs associated with the acquisition of Camperdown Powder and indirect capital raising costs1 Professional fees of a non-recurring nature1 Ineffective foreign exchange hedge losses1 27,500 1,083 2,980 1,564 Net finance (revenue)/costs Interest revenue (94) 1,364 (1,157) 230 Interest expense Depreciation and amortis ation Depreciation property, plant & equipment Amortisation of product development costs Amortisation of software 698 280 387 120 12 12 12 190 Amortisation of customer contracts and licences 2,900 1. The items above are defined as significant items due to their nature and magnitude and have been included as non-recurring for the underlying EBITDA for the segment disclosure - refer Note 2 for more details 2. Wages and salaries exclude direct production staff whose wages are allocated to the direct cost of inventory for the year ended 30 June 2018 2018 2017 Note $'000 $'000 328,704 199,830 128,874 Revenue 5 6 240,182 148,661 91,521 Cost of sales Gross Profit Other income 582 248 (21,074) (19,004) (14,578) 10,233 Direct costs (distribution & other costs) Employee costs Marketing and innovation costs Administrative and other costs 6 (22,258) (15,992) (10,919) (41,220) 6 6 Earnings before interest and tax, depreciation and amortisation (EBITDA) Depreciation and amortisation Earnings before net interest and tax (EBIT) Net interest revenue/(expense) Profit/(Loss) before income tax Income tax expense Net Profit/(Loss) after income tax 1,380 787 593 1,270 (677) 64,567 4,298 60,269 927 61,196 18,380 7 131 42,816 809 Other comprehensive income (net of tax) Items that may be reclassified to profit and loss Changes in the fair value of cash flow hedges Exchange differences arising from translation of wholly owned foreign entities Total other comprehensive income Total comprehensive income for the year Total net profit attributable to Non-controlling interest Owners of Bellamy's Australia Limited Total net profit/(loss) for the year Total comprehensive income attributable to Non-controlling interest Owners of Bellamy's Australia Limited Total comprehensive income for the year 45 540 843 447 93 716 43,703 (451) 43,267 42,816 809 809 (451) 44,154 43,703 716 716) Basic earnings per share (cents) Diluted earnings per share (cents) 39.2 0.8 37.2 0.8 The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes. 6 Expenses and significant items 2018 2017 $'000 $'000 Cost of sales 3,289 Shortfall payments 2,000 Direct costs 5,973 Inventory provisions and write offs1 6,838 Employee costs Wages & salaries2 Restructuring costs1 Share based payments 9,401 1,449 2,289 11,178 4,053 Administrative & Other Fonterra payment for the supply chain reset' Costs associated with the acquisition of Camperdown Powder and indirect capital raising costs1 Professional fees of a non-recurring nature1 Ineffective foreign exchange hedge losses1 27,500 1,083 2,980 1,564 Net finance (revenue)/costs Interest revenue (94) 1,364 (1,157) 230 Interest expense Depreciation and amortis ation Depreciation property, plant & equipment Amortisation of product development costs Amortisation of software 698 280 387 120 12 12 12 190 Amortisation of customer contracts and licences 2,900 1. The items above are defined as significant items due to their nature and magnitude and have been included as non-recurring for the underlying EBITDA for the segment disclosure - refer Note 2 for more details 2. Wages and salaries exclude direct production staff whose wages are allocated to the direct cost of inventory
