Consolidated income statement
| Salamander Energy plc consolidated income statement | 30 June 2018 $'000 | 31 December 2017 $'000 | 31 December 2016 $'000 |
| Consolidated income statement | |||
| Continuing operations | |||
| Revenue | 102,066 | 188,527 | 107,178 |
| Cost of sales | (67,827) | (141,819) | (95,728) |
| Gross Profit | 34,239 | 46,708 | 11,450 |
| Share of profit of investments accounted for using the equity method | 1,818 | 4,181 | 4,417 |
| Reversal of impairment of oil and gas properties | - | 27,505 | 85,727 |
| Exploration expenses | (1,371) | (48,522) | (60,194) |
| General & administration expenses | (535) | (1,094) | (2,028) |
| Other operating expenses | (119) | (9,707) | (464) |
| Operating (loss)/profit | 34,031 | 19,071 | 38,907 |
| Net finance (expense)/income | (7,840) | (20,762) | (21,777) |
| Other financial gains | 160 | 2,300 | |
| (Loss)/profit from continuing operations before taxation | 26,351 | 609 | 17,130 |
| Taxation | (33,185) | (72,928) | (59,186) |
| (Loss)/profit from continuing operations for the period attributable to: | (6,835) | (72,319) | (42,055) |
| Equity holders of the Company | (6,835) | (72,319) | (42,055) |
| Non‐controlling interest | - | - | - |
| (6,835) | (72,319) | (42,055) | |
| (8,090) | () | ||
| Consolidated statement of comprehensive income | |||
| (Loss)/profit from continuing operations for the year | (6,835) | (72,319) | (42,055) |
| Other comprehensive (loss)/income | |||
| Other comprehensive (loss)/income to be reclassified to profit or loss in subsequent periods | |||
| Exchange differences on restranslation of foreign operations net of tax | - | - | - |
| Net (loss)/gain on cash flow hedges | (4,309) | (5,882) | |
| (Loss)/profit from continuing operations for the year, net of tax | (4,309) | (5,882) | - |
| Total comprehensive (loss)/income for the period, net of tax attributable to: | |||
| Equity holders of the Company | (11,144) | (78,201) | (42,055) |
| Non‐controlling interest | - | - | - |
| (11,144) | (78,201) | (42,055) | |
Click on, or paste the following link into your web browser, to view the full announcement.
http://www.rns-pdf.londonstockexchange.com/rns/4000E_1-2018-10-17.pdf
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.