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Statement of Profit and Loss

(US$ million)

2015 2016 2017
Ⅰ. Sales 3,006 2,833 2,997
Ⅱ. Cost of sales 2,302 2,136 2,282
Ⅲ. Gross profit 704 696 715
– Selling and administrative expenses 363 353 366
Ⅳ. Operating profit 341 343 349
– Other operating income 38 29 8
– Other operating expenses 20 36 18
– Finance income 6 36 113
– Finance expense 97 126 173
Ⅴ. Profit before tax 269 247 278
– Income tax expense 121 87 52
Ⅵ. Consolidated net profit 131 155 242

* The figures are revised to reflect the transfer of heavy equipment sales business. Doosan Bobcat transferred its heavy equipment sales business to Doosan Infracore on January 1, 2018

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