Condensed consolidated income statement
for the year ended 30 June 2019
Download (EXCEL) |
R'000 | 30 June 2019 Reviewed |
30 June 2018 Audited |
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Revenue | 8 140 469 | 7 804 737 | ||||||
Turnover | 6 301 572 | 6 305 587 | ||||||
Cost of sales | (5 369 083) | (4 800 780) | ||||||
Gross profit | 932 489 | 1 504 807 | ||||||
Commissions on sales and technical fees | 1 262 429 | 979 005 | ||||||
Other income | 657 268 | 648 564 | ||||||
Impairment of financial and non-financial assets | – | (31 083) | ||||||
Foreign exchange losses | (200) | (6 896) | ||||||
Other expenses | (716 075) | (762 531) | ||||||
Finance costs | (55 302) | (19 394) | ||||||
Profit before taxation, joint venture and associate | 2 080 609 | 2 312 472 | ||||||
Taxation | (629 756) | (645 546) | ||||||
Profit after taxation, before joint venture and associate | 1 450 853 | 1 666 926 | ||||||
Share of profit from joint venture, after taxation | 4 536 396 | 3 524 287 | ||||||
Share of loss from associate | (23 317) | (16 211) | ||||||
Profit for the year | 5 963 932 | 5 175 002 | ||||||
Attributable to: | ||||||||
Shareholders of the holding company | 5 932 037 | 5 119 329 | ||||||
Non-controlling shareholders | 31 895 | 55 673 | ||||||
As above | 5 963 932 | 5 175 002 | ||||||
Earnings as above | 5 932 037 | 5 119 329 | ||||||
Impairment of investment in associate of joint venture | 193 771 | – | ||||||
Impairment of financial and non-financial assets in joint venture and subsidiaries | 333 893 | 48 929 | ||||||
Gain on disposal of investment in subsidiary of joint venture | (91 478) | – | ||||||
Gain on disposal of investment in subsidiary | (2 669) | |||||||
Loss/(profit) on disposal of property, plant and equipment in joint venture and subsidiaries | 2 052 | (4 348) | ||||||
Profit on sale of available-for-sale listed investments (2018) | – | (42 432) | ||||||
Taxation effect of above items | 14 163 | (12 726) | ||||||
Headline earnings | 6 381 769 | 5 108 752 | ||||||
Earnings per share (basic and diluted – cents) | 5 751 | 4 963 | ||||||
Headline earnings per share (basic and diluted – cents) | 6 187 | 4 953 | ||||||
Dividends per share declared in respect of the profit for the year (cents) | 2 400 | 2 200 | ||||||
– Interim | 1 000 | 1 000 | ||||||
– Final | 1 400 | 1 200 | ||||||
Weighted average number of ordinary shares (million) | ||||||||
Ordinary shares in issue | 139,61 | 139,61 | ||||||
Weighted impact of treasury shares held in trust | (36,46) | (36,46) | ||||||
103,15 | 103,15 |