Company income statement

for the year ended 30 June 2016

2016  2015*
Note R’000  R’000 
Revenue 11 1 240 941  1 845 328 
Income from investments 1 240 941  1 845 328 
– dividends received from joint-venture entity 875 000  1 500 000 
– preference dividends received from empowerment entities 295 079  267 340 
– dividends received from available-for-sale listed investments 5 972  18 746 
– dividends received from unlisted instruments 20  18 
– interest received 64 870  59 224 
Administrative expenses (5 282) (8 170)
Impairment of financial assets to below original cost 2 (30 344) (114 258)
Finance costs (22 750) (22 827)
Profit before taxation 12 1 182 565  1 700 073 
Taxation (charge)/credit 13 (8 113) 7 608 
Profit for the year 1 174 452  1 707 681 
* Income from investments in the prior year has been restated to provide a more detailed breakdown.