Consolidated income statement
for the year ended 30 June
| Notes | 2020 R'000 |
2019 Restated R'000 |
|||||
|---|---|---|---|---|---|---|---|
| Continuing operations | |||||||
| Revenue | 1 | 76 542 581 | 76 058 362 | ||||
| Cost of revenue | (53 101 006) | (53 511 794) | |||||
| Gross profit | 23 441 575 | 22 546 568 | |||||
| Operating expenses | (18 079 797) | (16 501 399) | |||||
| Net impairment losses on financial assets | (245 401) | (54 440) | |||||
| Other income | 266 807 | 308 395 | |||||
| Income from investments | (43 482) | 368 258 | |||||
| Trading profit | 5 339 702 | 6 667 382 | |||||
| Share-based payment expense | (202 494) | (188 840) | |||||
| Acquisition costs and customer contracts amortisation | (345 229) | (65 858) | |||||
| Net capital items | 2 | (1 973 149) | (787 102) | ||||
| Profit before finance charges and associate income | 2 | 2 818 830 | 5 625 582 | ||||
| Net finance charges | 3 | (1 429 627) | (924 585) | ||||
| Finance income | 80 253 | 238 152 | |||||
| Finance charges | (1 509 880) | (1 162 737) | |||||
| Share of (loss) profit of associates | (92 250) | 583 198 | |||||
| Current period earnings | (87 129) | 592 104 | |||||
| Net capital items | 6 | (5 121) | (8 906) | ||||
| Profit before taxation | 1 296 953 | 5 284 195 | |||||
| Taxation | 4 | (851 589) | (1 431 779) | ||||
| Profit for the year from continuing operations | 445 364 | 3 852 416 | |||||
| Discontinued operations | |||||||
| Loss after taxation from discontinued operations | 5 | (632 267) | (48 486) | ||||
| (Loss) profit for the year | (186 903) | 3 803 930 | |||||
| Attributable to | |||||||
| Shareholders of the Company – continuing operations | 168 981 | 3 823 768 | |||||
| Shareholders of the Company – discontinued operations | (632 267) | (48 486) | |||||
| Non-controlling interests | 276 383 | 28 648 | |||||
| (186 903) | 3 803 930 | ||||||
| Basic earnings per share (cents) – continuing operations | 6 | 49.8 | 1 133.8 | ||||
| Diluted basic earnings per share (cents) – continuing operations | 6 | 49.7 | 1 130.7 | ||||
| Basic earnings per share (cents) – discontinued operations | 6 | (186.4) | (14.4) | ||||
| Diluted basic earnings per share (cents) – discontinued operations | 6 | (186.1) | (14.3) | ||||
| Basic earnings per share (cents) – Group | 6 | (136.6) | 1 119.4 | ||||
| Diluted basic earnings per share (cents) – Group | 6 | (136.4) | 1 116.4 | ||||
| Supplementary Information | |||||||
| Normalised headline earnings per share (cents) – continuing operations | 6 | 1 028.3 | 1 334.4 | ||||
| Headline earnings per share (cents) - continuing operations | 6 | 553.2 | 1 366.4 | ||||
| Diluted headline earnings per share (cents) – continuing operations | 6 | 552.5 | 1 362.7 | ||||
| Headline earnings per share (cents) – discontinued operations | 6 | (159.2) | (14.4) | ||||
| Diluted headline earnings per share (cents) – discontinued operations | 6 | (159.0) | (14.3) | ||||
| Normalised headline earnings per share (cents) – Group | 6 | 869.1 | 1 320.0 | ||||
| Headline earnings per share (cents) – Group | 6 | 394.0 | 1 352.1 | ||||
| Diluted headline earnings per share (cents) – Group | 6 | 393.5 | 1 348.4 |