The American Club 2016/2017 Annual Report
THE AMERICAN CLUB
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (cont’d) Year ended 30 June 2017
Note
2017
2016
$
$
(Loss) Profit net of tax
(2,752,097) 16,057,984
Other comprehensive loss:
Items that may be reclassified subsequently to profit or loss
Net loss on available-for-sale financial assets
13 (3,288,091) (18,050,567)
Other comprehensive loss for the year, net of tax
(3,288,091) (18,050,567)
Total comprehensive loss for the year
(6,040,188) (1,992,583)
See accompanying notes to financial statements.
29 2016/17 ANNUAL REPORT
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