sharing from investments in associate, lower Non-recurring gain on disposal of assets of Subsidiary in 2019 and lower Gross profit. MB % MB % MB % Revenue from sale of goods and rendering of services
mainly were Unrealized Foreign Exchange Gain which was an accounting item that has no effect on cash flow. 2 Profit attributable to Owners of the Parent In 2018, Profit attributable to Owners of the Parent
(6.8) (24.7) (138.0) Non-Controlling Interests (0.0) (0.0) 0.0 (2.2) Profit attributable to Owners of the Parent 272.5 716.2 443.7 162.8 Foreign Exchange Gain (Loss) 240.0 250.6 10.7 4.4 Normalized
rendering of services 357.9 80.1 480.8 81.1 (122.9) (25.6) Gross Profit 88.6 19.9 111.7 18.9 (23.1) (20.7) Gain on disposal of property, plant and equipment - - 148.0 25.0 (148.0) (100.0) Selling and
) -6.7% Profit attributable to Owners of the Parent 424.2 716.2 -40.8% Foreign Exchange Gain (Loss) 94.6 250.6 -62.2% Adjustments of Revenue Levelization (TFRS 15)5 (64.6) 0.0 N/A Normalized Profit
%. SG&A in terms of % to revenue improved from 6.8% in Q1 2021 to 5.8% in Q1 2022. Core operating profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange
1,453.4 3.9% Income Tax (Expense) Income (6.4) (17.5) -63.4% (23.8) (44.2) -46.2% Profit attributable to Owners of the Parent 456.2 631.1 -27.7% 1,738.0 1,643.1 5.8% Foreign Exchange Gain (Loss) 10.4 124.9
) Gross profit 439.4 427.9 11.5 2.7 Net gain on exchange rate 55.1 112.2 (57.1) (50.9) Gain on forward contracts 11.2 49.5 (38.3) (77.4) Other income 2.0 173.0 (171.0) (98.8) Profit before expenses 507.7
37.92% Selling expenses (19.40) (16.52) -14.85% Administrative expenses (34.27) (29.39) -14.24% Operating profit 15.77 49.86 216.17% Investment income - - - Net foreign exchange gain/(loss) 0.45 (0.80
) (18.25) 10.47% Administrative expenses (29.39) (32.29) 9.87% Operating profit 49.86 70.87 42.14% Investment income - 0.40 - Net foreign exchange gain/(loss) (0.80) (0.35) -56.25% Other income 0.81 0.53