Statement of Profit or Loss For the Year ended 31 December 2022 2022 2021 $'000 S'000 Revenue 3,080,729 2,484,459 Expenses Changes in inventories -52,532 88,029 Purchases of inventories -2,803,510 -2,337,117 Employee benefits expense -125,907 -100,993 Depreciation and amortisation -11,754 -9,104 Finance costs -4,250 -3,875 Other expenses -19,556 -16,302 -3,017,509 -2,379,362 Profit before tax 63,220 105,097 Income tax expense -18,966 -31,535 Profit after tax Statement of Financial Position As at 30 December 2022 44,254 73,562 31/12/2022 31/12/2021 $'000 S'000 Assets Current Assets Cash and cash equivalents 11,205 7,413 Trade and other receivables 477,501 455,467 Inventories 222,362 201,276 Total Current Assets 711,068 664,156 Non-Current Assets Right of Use Asset 2,958 2,709 Property, plant and equipment 88,436 82,287 Intangible assets 136,901 98,630 Deferred tax assets 6,468 6,341 Total Non-Current Assets 234,763 189,967 TOTAL ASSETS 945,831 854,123 Liabilities Current Liabilities Trade and other payables 418,634 398,179 Lease Liabilities 2,958 2,715 Borrowings 204,286 170,169 Current tax liabilities 12,960 11,216 Short-term provisions 19,697 17,294 Total Current Liabilities 658,535 599,573 Non-Current Liabilities Borrowings 30,000 60,000 Lease Liabilities 398 439 Deferred tax liabilities 11,857 13,698 Long-term provisions 2,315 2,116 Total Non-Current Liabilities 44,570 76,253 TOTAL LIABILITIES NET ASSETS EQUITY Equity attributable to Equity Holders 703,105 675,826 242,726 178,297 Issued capital Reserves Retained profits TOTAL EQUITY 200,327 139,527 348 332 42,051 38,439 242,726 178,297