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Statement of Profit and Loss

(US$ million)

2011 2012 2013 2014 2015
Ⅰ. Sales 3,042 3,490 3,272 3,550 3,571
Ⅱ. Cost of sales -2,499 -2,868 -2,627 -2,851 -2,813
Ⅲ. Gross profit 543 622 645 699 758
– Selling and administrative expenses -402 -422 -386 -395 -417
Ⅳ. Operating profit 141 200 259 304 341
– Other operating income 105 0 7 7 41
– Other operating expenses -35 -18 -9 -58 -32
– Finance income 30 24 29 15 58
– Finance expense -171 -136 -124 -145 -149
Ⅴ. Profit before tax 70 70 162 123 259
– Income tax expense 1 342 -83 -74 -128
Ⅵ. Consolidated net profit 71 412 79 49 131

* 2014 figures represent sum of i) 1Q14 financial statements of DII and subsidiaries and DHEL and subsidiaries, and ii) consolidated financial statements of Doosan Infracore Bobcat Holdings Co., Ltd. (DIBH, former name of the Company) and subsidiaries for the period from Apr 25 to Dec 31 of 2014.

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