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State what investment activity FGL undertook in 2013. Was there a net investment or a divestment? Table 2. Comprehensive Income Statement (in thousands of

 

State what investment activity FGL undertook in 2013. Was there a net investment or a divestment? Table 2. Comprehensive Income Statement (in thousands of Australian dollars) Revenue June 30, 2010 June 30, 2011 June 30, 2012 June 30, 2013 Unaudited January 31, 2014 $246,169 $421,595 $774,879 $1,054,100 $520,041 (711,430) Cost of sales Changes in inventories of finished goods and WIP 9,696 15,000 Materials, plant, and contractor costs (125,171) (211,000) (516,867) (656,334) Employee benefits expense (79,194) (157,191) (164,502) (256,515) Depreciation and amortization (3,218) (5,159) (16,292) (21,361) Consulting fees (582) (5,380) Provision for impairment losses (1,628) (304) Other expenses (7,132) (8,043) (12,711) (21,033) Other gains and losses 537 257 188 Expenses Results from Operating Activities $40,059 $54,898 $64,182 $93,665 Finance income 1,023 3,079 5,698 6,939 Finance costs (716) (711) (2,850) (4,816) Net finance income $307 $2,368 $2.848 $2,123 Share of profit/(loss) of associates and jointly controlled entities (513) 3,052 (5,679) Net Profit Before Tax $40,366 $56,753 $70,082 $90,109 $(324,162) Income tax expense (10,915) (17,920) (20,780) (27.190) (2,301) Net Profit After Tax $29,451 $38,833 $49,302 $62,919 $(326,463) Foreign exchange differences (net of tax) (346) (1,946) (310) 1.826 Total Comprehensive Income $29,105 $36,887 $48,992 $64,745

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