Twenty-First Century Fox 2004 Annual Report Download - page 64

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Consolidated
2004 2003 2002
Note A$ million (except per share amounts)
Sales revenue 2 29,428 29,913 29,014
Operating expenses 2 (25,126) (25,561) (25,472)
Operating income 2 4,302 4,352 3,542
Net profit (loss) from associated entities 5 322 (89) (1,434)
Borrowing costs (845) (1,000) (1,291)
Investment income 215 209 291
Net borrowing costs (630) (791) (1,000)
Exchangeable securities expense (113) (94) (93)
Other revenues before income tax 6 1,484 679 5,627
Other expenses before income tax 6 (1,510) (1,057) (17,601)
Profit (loss) from ordinary activities before income tax 3,855 3,000 (10,959)
Income tax (expense) benefit on
Ordinary activities before other items (1,246) (989) (640)
Other items 6 (1) 215 (15)
Net income tax expense (1,247) (774) (655)
Net profit (loss) from ordinary activities after income tax 2,608 2,226 (11,614)
Net profit attributable to outside equity interests 3 (296) (418) (348)
Net profit (loss) attributable to members of the parent entity 2,312 1,808 (11,962)
Net exchange losses recognised directly in equity (389) (4,064) (3,021)
Items recognised directly in equity 7 152 (267)
Total change in equity other than those resulting from transactions
with owners as owners 1,923 (2,104) (15,250)
Basic earnings per share on net profit (loss) attributable to members of the parent entity
Ordinary shares $0.368 $0.307 $(2.170)
Preferred limited voting ordinary shares $0.442 $0.368 $(2.604)
Ordinary and preferred limited voting ordinary shares $0.415 $0.344 $(2.431)
Diluted earnings per share on net profit (loss) attributable to members of the parent entity
Ordinary shares $0.364 $0.305 $(2.170)
Preferred limited voting ordinary shares $0.437 $0.366 $(2.604)
Ordinary and preferred limited voting ordinary shares $0.411 $0.342 $(2.431)
The Statement of Financial Performance is to be read in conjunction with the accompanying notes.
62
NEWS CORPORATION CONCISE REPORT 2004
Statement of Financial Performance
for the year ended 30 June, 2004