Financial Highlights
Group
Year Ended 31 Dec 14 Year Ended 31 Dec 13 + / (–)
S$’000
S$’000
%
Revenue
Exhibitions & Museums
136,455
103,440 31.9
Retail & Corporate Interiors
174,344
166,604 4.6
Research & Design
12,928
11,389 13.5
Alternative Marketing
12,686
14,818 (14.4)
Total revenue
336,413
296,251 13.6
Cost of sales
(251,573)
(220,279)
14.2
Gross profit
84,840
75,972 11.7
Other items of income
Interest income
441
394 11.9
Other income
5,229
5,012 4.3
Other items of expense
Depreciation of property, plant and equipment
(2,083)
(1,629)
27.9
Employee benefits expense
(54,092)
(47,721)
13.4
Other expenses
(13,761)
(10,567)
30.2
Interest expense
(241)
(276)
(12.7)
Share of results of associates
1,021
820 24.5
Profit before tax
21,354
22,005 (3.0)
Income tax expense
(3,595)
(3,623)
(0.8)
Profit net of tax
17,759
18,382 (3.4)
Profit net of tax attributable to
Equity holders of the Company
17,155
17,744 (3.3)
Non-controlling interests
604
638 (5.3)
Profit net of tax
17,759
18,382 (3.4)
Consolidated Income Statement
DEFINING DESIGN
QUALITY
10
