Statement of Profit or Loss 2020 2019 $'000 S'000 Revenue 1,393,998 991,284 Cost of sales (1,012,140) (724,426) Gross profit 381,858 266,858 Other income 41,243 8,933 Selling and distribution expenses (7,222) (7,669) Administrative expenses (245,159) (172,787) Other expenses (4,580) (2,752) Operating profit 166,140 92,583 Finance expense Finance income (2,016) (2,014) 984 1,338 Profit before tax Tax expense Profit for the year 165,108 91,907 (25,975) (16,152) 139,133 75,755 Statement of Financial Position 2020 2019 $'000 $'000 Property, plant and equipment 340,299 356,189 Inventories 77,911 82,166 Trade and other receivables 19,949 17.981 Cash and cash equivalents 253,901 76,419 Total assets 692,060 532,755 Share capital 235,373 235,373 Reserves (65,522) (66,298) Accumulated profits 205,248 146,285 Equity 375,099 315,360 Deferred tax liabilities 3,615 3,042 Term loan 15,000 0 Lease liabilities 23,129 30,239 Non-current liabilities 41,744 33,281 Trade and other payables 208,089 140,766 Current tax payable 29,754 16,605 Term loan 15,000 0 Lease liabilities 22,374 26,743 Current liabilities 275,217 184,114 Total equity & liabilities 692,060 532,755