Notes | 2020 R’000 |
Restated* 2019 R’000 |
||||
CONTINUING OPERATIONS | ||||||
Revenue | 1.2 | 21 135 326 | 23 602 264 | |||
Revenue from contracts with customers | 20 756 487 | 23 174 511 | ||||
Finance revenue** | 378 839 | 427 753 | ||||
Other income | 105 273 | 81 692 | ||||
Changes in inventories of finished goods | (18 866 243) | (21 243 167) | ||||
Finance costs incurred in the generation of revenue | (144 472) | (185 411) | ||||
Employee compensation and benefit expense | 5.2 | (512 647) | (482 219) | |||
Depreciation and amortisation | (189 314) | (170 455) | ||||
Impairments and fair value movements | 1.3 | (364 233) | (894 277) | |||
Bad debts and expected credit loss | 1.3 | (116 332) | (235 553) | |||
Other expenses | (411 308) | (386 029) | ||||
Operating profit | 636 050 | 86 845 | ||||
Finance costs | 1.4 | (229 988) | (230 306) | |||
Finance income | 1.4 | 78 175 | 92 292 | |||
Impairments on associates and joint venture | 1.3 | — | (2 639 564) | |||
Share of gains/(losses) from associates and joint ventures | 2.1 | 16 598 | (3 693 431) | |||
Profit/(loss) before taxation | 500 835 | (6 384 164) | ||||
Taxation | 7.1 | (219 752) | (278 449) | |||
Profit/(loss) after taxation from continuing operations | 281 083 | (6 662 613) | ||||
(Loss)/profit from discontinued operations | 11 | (61 976) | 40 417 | |||
Profit/(loss) for the year | 219 107 | (6 622 196) | ||||
Profit/(loss) for the year from continuing operations attributable to: | ||||||
Equity holders of the parent | 226 786 | (6 672 923) | ||||
Non-controlling interest | 54 297 | 10 310 | ||||
(Loss)/profit for the year from discontinued operations attributable to: | ||||||
Equity holders of the parent | (102 305) | 26 540 | ||||
Non-controlling interest | 40 329 | 13 877 | ||||
Earnings per share for profit/(loss) attributable to: | ||||||
Equity holders (cents) | ||||||
— Basic | 1.5 | 13.89 | (727.81) | |||
— Diluted1 | 1.5 | 13.89 | — |
* | As a result of the discontinued operations, the Group has restated its comparative financial information. Refer to note 11 for details. |
** | The split of revenue between revenue from contracts with customers and finance revenue is now disclosed on the face of the Group income statement. It was previously disclosed in the notes. The comparatives have been restated. |
1 | There were no dilutive instruments in the prior year. |