51
GRAND BANKS YACHTS LIMITED
ANNUAL REPORT
2016
Year ended 30 June 2016
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
2016
2015
$’000
$’000
Profit/(Loss) for the year
1,970
(4,799)
Other comprehensive income
Items that may be reclassified subsequently to profit or loss
Translation differences relating to financial statements of foreign subsidiaries
(1,431)
(3,162)
Other comprehensive income for the year, net of income tax
(1,431)
(3,162)
Total comprehensive income for the year
539
(7,961)
The accompanying Notes form an integral part of these financial statements.