Page 60 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr

Statement of Profit or Loss and Other Comprehensive Income

for the Year Ended 31 March, 2021

2021 2020
Notes N'000 N'000
Revenue 16 109,594,730 80,450,397
Cost of sales 17 (93,973,456) (66,588,559)
Gross profit 15,621,274 13,861,838

Other operating income 18 140,712 116,209
Selling and distribution expenses 20 (5,543,372) (6,035,551)
General and administrative expenses 20 (2,572,565) (2,444,863)
Operating profit 19 7,646,049 5,497,633
Finance costs 21 (6,069,303) (4,227,396)
Profit before taxation 1,576,746 1,270,237
Taxation 14.1 (450,826) (619,712)
Police Trust Fund Levy (56) (33)

Profit for the year after taxation 1,125,864 650,492
Other comprehensive income:

Total comprehensive income for the year 1,125,864 650,492
The accounting policies and the notes on pages 63 to 100 form an integral part of these financial statements

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