CSL Ltd Annual Report 2019

Consolidated Statement of Comprehensive Income For the Year Ended 30 June 2019 CSL Limited Annual Report 2019 88 Consolidated Entity Notes 2019 US$m 2018 US$m Continuing operations Sales and service revenue 8,205.4 7,587.9 Pandemic Facility Reservation fees 133.4 117.7 Royalties and License revenue 171.1 144.8 Other Income 28.7 64.9 Total Operating Revenue 8,538.6 7,915.3 Cost of sales (3,761.2) (3,531.6) Gross profit 4,777.4 4,383.7 Research and development expenses 6 (831.8) (702.4) Selling and marketing expenses (866.8) (786.2) General and administration expenses (574.8) (514.8) Operating profit 2,504.0 2,380.3 Finance costs 2 (176.7) (108.4) Finance income 13.8 9.3 Profit before income tax expense 2,341.1 2,281.2 Income tax expense 3 (422.4) (552.3) Net profit for the period 1,918.7 1,728.9 Other comprehensive income Items that may be reclassified subsequently to profit or loss Exchange differences on translation of foreign operations, net of hedges on foreign investments 12 (34.8) (96.9) Items that will not be reclassified subsequently to profit or loss Actuarial (losses)/gains on defined benefit plans, net of tax 19 (67.1) 29.6 Total of other comprehensive income/(loss) (101.9) (67.3) Total comprehensive income for the period 1,816.8 1,661.6 Earnings per share (based on net profit for the period) US$ US$ Basic earnings per share 10 4.236 3.822 Diluted earnings per share 10 4.226 3.809 The consolidated statement of comprehensive income should be read in conjunction with the accompanying notes.