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                                                      2015 Financials (Adjusted) : APPENDIX 5


                                                                          (all figures S$ millions)




               MCOM PLC

               ABRIDGED INCOME STATEMENT

               Prepared: 1 January 2016                                                2014           2015
                                                                                       ($m)           ($m)
               Revenue                                                              146,930         160,154
               Other income                                                             7,928           8,800
               Operating Expenses                                                   (81,667)      (145,384)
               EBITDA                                                                 73,191          23,570
               Depreciation and amortization                                        (21,513)        (23,879)
               Impairment of goodwill                                                 (2,033)         (4,862)
               Operating profit                                                       49,645          (5,171)
               Net finance costs                                                      (3,668)         (2,568)
               Net monetary gain                                                           878             527
               Share of results of associates an  d joint ventures after

               tax                                                                      4,208           5,008
               Profit before tax                                                      51,063          (2,205)
               Income tax expense                                                   (13,361)               577
               Profit after tax                                                       37,702          (1,628)




















                                                       Developed by The CharterQuest Institute for 'The CFO Business Case Study Competition 2016'
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