PRG Holdings Berhad Annual Report 2018

5. ADOPTION OF NEW MFRSs AND AMENDMENTS TO MFRSs (continued) 5.2 Explanation of transition to MFRSs (continued) (b) Reconciliation of profit or loss of the Group Previously Restated Group reported Effects of Effects of under under FRSs MFRS 15 MFRS 9 MFRSs 31 December 2017 RM’000 RM’000 RM’000 RM’000 Revenue 192,963 (34,386) - 158,577 Cost of sales (134,509) 19,485 - (115,024) Gross profit 58,454 (14,901) - 43,553 Other income 9,644 - - 9,644 Distribution costs (9,820) 6,072 - (3,748) Administrative expenses (39,189) - (453) (39,642) Other expenses (2,109) - - (2,109) Interest income 258 - - 258 Finance costs (1,420) - - (1,420) Share of losses of associates, net of tax (323) - - (323) Share of profit of a joint venture, net of tax 282 - - 282 Profit before tax 15,777 (8,829) (453) 6,495 Tax expense (4,935) 3,377 - (1,558) Profit for the financial year 10,842 (5,452) (453) 4,937 Profit for the financial year attributable to: Owners of the parent 4,358 (3,603) (306) 449 Non-controlling interests 6,484 (1,849) (147) 4,488 10,842 (5,452) (453) 4,937 Earnings per ordinary share attributable to equity holders of the Company (sen): - Basic 1.457 0.150 - Diluted 1.222 0.126 101 PRG HOLD I NGS BERHAD notes to the financial statements 31 December 2018 (continued)