For the year ended 31 December 2006

                 Consolidated
               Parent Entity
Note
2006
$000
2005
$000
2006
$000
2005
$000
Revenue from sale of goods 18,441,437 15,700,797
Replacement cost of goods sold (excluding product duties and taxes and inventory gains) (12,997,732) (10,345,940)
Product duties and taxes (4,411,846) (4,371,659)
Inventory gains   51,683 228,068
Cost of goods sold – historical cost (17,357,895) (14,489,531)
Gross profit 1,083,542 1,211,266
Other income 2 226,360 198,411 190,176 92,917
Refining and supply expenses (18,731) (26,084)
Marketing expenses   (542,138) (484,046)
Finance costs 3 (48,513) (27,307) (56,595) (41,419)
Other expenses   (43,773) (88,807) (4,164) (5,531)
Share of net profit of entities accounted for using the equity method 5,118 4,601
 –
Profit before income tax expense 661,865 788,034 129,417 45,967
Income tax expense 4 (194,668) (193,081) (3,826) (1,940)
Net profit 467,197 594,953 125,591 44,027
Net profit attributable to minority interest (1,221) (381)
Net profit attributable to members of the parent entity 465,976 594,572 125,591 44,027
Basic and diluted earnings per share:
Historical cost including individually material tax items – cents per share (i) 6 172.6 220.2

 

i.   Replacement cost (excluding individually material tax items) earnings per share is disclosed in note 6.

The income statements are to be read in conjunction with the notes to the financial statements.