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v3.19.1

Consolidated Statements of Income by Function - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Revenue | $ 2,265,803 | $ 2,157,323 | $ 1,939,322
Cost of sales | (1,483,524) | (1,394,822) | (1,328,285)
Gross profit | 782,279 | 762,501 | 611,037
Other income | 32,048 | 17,827 | 15,202
Administrative expenses | (118,126) | (101,171) | (88,436)
Other expenses by function | (36,907) | (53,600) | (82,533)
Net impairment gains on reversal (losses) of financial assets | 2,967 | (8,038) | (7,198)
Other gains (losses) | 6,404 | 543 | 679
Profit from operating activities | 668,665 | 618,062 | 448,751
Finance income | 22,533 | 13,499 | 10,129
Finance costs | (59,914) | (50,124) | (57,498)
Share of profit of associates and joint ventures accounted for using the equity method | 6,351 | 14,452 | 13,047
Foreign currency translation differences | (16,597) | (1,299) | 460
Profit before taxes | 621,038 | 594,590 | 414,889
Income tax expense, continuing operations | (178,975) | (166,173) | (132,965)
Profit from continuing operations | 442,063 | 428,417 | 281,924
Profit attributable to |  |  |
Owners of the Parent | 439,830 | 427,697 | 278,290
Non-controlling interests | 2,233 | 720 | 3,634
Profit for the year | $ 442,063 | $ 428,417 | $ 281,924
Common shares |  |  |
Basic earnings per share (US$ per share) | $ 1.6711 | $ 1.6250 | $ 1.0573
Diluted common shares |  |  |
Diluted earnings per share (US$ per share) | $ 1.6711 | $ 1.6250 | $ 1.0573

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