Kia 2015 Annual Report Download - page 63

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KIA MOTORS CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS
OF INCOME
For the years ended December 31, 2015 and 2014
(In millions of won, except earnings per share information)
Note 2015 2014
Sales 4, 33 ₩ 49,521,447 47,097,049
Cost of sales 29, 33 (39,653,769) (37,754,115)
Gross profit 9,867,678 9,342,934
Selling expenses 25, 29 (4,711,708) (4,186,289)
General and administrative expenses 25, 29 (2,801,697) (2,584,096)
Operating profit 2,354,273 2,572,549
Share of profits of associates and joint ventures, gain on disposal 8 894,873 1,394,152
Finance income 26, 32 359,567 250,814
Finance costs 26, 32 (275,925) (169,345)
Other income 27 657,123 459,684
Other expenses 27 (889,645) (691,538)
Profit before income taxes 3,100,266 3,816,316
Income tax expense 28 (469,666) (822,723)
Profit ₩ 2,630,600 2,993,593
Profit attributable to owners of the Parent Company 2,630,600 2,993,593
Earnings per share
Basic earnings per share in won 23 ₩ 6,559 7,393
See accompanying notes to the consolidated financial statements.
57
ANNUAL REPORT 2015 |