Income Statements for the year ended 30 June 2008

		GROUP			COMPANY
(NZD in thousands)	Note	2008	2007		2008	2008
Sales revenue		1,532,065	1,451,619		95,009	135,538
Cost of sales		(1,211,095)	(1,155,727)		(69,960)	(101,730)
Gross profit		320,970	295,892		25,049	33,808
Other operating income	3	2,186	6,596		40,669	35,989
Distribution expenses		(74,872)	(72,338)		(5,725)	(7,353)
Marketing expenses		(87,534)	(86,203)		(7,703)	(10,489)
Administration expenses		(54,307)	(53,276)		(8,426)	(8,130)
Other operating expenses	4	(11,836)	(21,795)		(288)	(2,705)
Operating profit before financing costs		94,607	68,876		43,576	41,120
Financial income		3,611	1,885		8,642	2,649
Financial expenses		(28,078)	(24,245)		(5,843)	(8,221)
Net financing costs	7	(24,467)	(22,360)		2,799	(5,572)
Share of profits of associates	12	997	1,321		—	—
Profit before tax		71,137	47,837		46,375	35,548
Income tax expense	8	(21,091)	(19,668)		(2,583)	(494)
Profit for the year		50,046	28,169		43,792	35,054
Attributable to:
Equity holders of the parent		48,304	26,196		43,792	35,054
Minority interests		1,742	1,973		—	—
Profit for the year		50,046	28,169		43,792	35,054
Basic earnings per share		0.60	0.33
Diluted earnings per share		0.60	0.33
Dividends per ordinary share paid (NZD)	20	40.5	35.0

Statements of Recognised Income and Expense for the year ended 30 June 2008

		GROUP			COMPANY
(NZD in thousands)	Note	2008 Total	2007 Total		2008 Total	2008 Total
Exchange translation difference		37,192	(44,753)		—	—
Changes in fair value of cash-flow hedges		1,171	(484)		405	(373)
Net income recognised directly in equity		38,363	(45,237)		405	(373)
Profit for the year		50,046	28,169		43,792	35,054
Total recognised income and expense for the year	20	88,409	(17,068)		44,197	34,681
Attributable to:
Equity holders of the parent		86,219	(17,269)		44,197	34,681
Minority interests		2,190	201		—	—
Total recognised income and expense for the year		88,409	(17,068)		44,197	34,681