| 2023 R’000 |
2022 R’000 |
||
|---|---|---|---|
| Profit for the year | 288 173 | 1 091 997 | |
| Other comprehensive income: | |||
| Items reclassified to profit or loss | |||
| Ineffective portion of hedging instruments reclassified to profit or loss* | (639) | — | |
| Effective portion of hedging instrument reclassified to profit or loss* | (13 677) | (2 680) | |
| Income tax related to amounts reclassified to profit or loss | 3 770 | 750 | |
| Items that may be subsequently reclassified to profit or loss | |||
| Foreign exchange profit on translation of associates and joint ventures** | 1 646 | 1 251 | |
| Gain arising on changes in fair value of hedging instruments (effective portion) | 8 693 | 10 262 | |
| Income tax related to gains recognised in other comprehensive income | (2 347) | (2 635) | |
| Other comprehensive (loss)/income for the year, net of tax | (2 554) | 6 948 | |
| Total comprehensive income for the year | 285 619 | 1 098 945 | |
| Other comprehensive income for the year attributable to: | |||
| Equity holders of the parent | 266 412 | 1 034 027 | |
| Non-controlling interest | 19 207 | 64 918 |
| * | These items reduce finance costs. |
| ** | These components of other comprehensive income do not attract any tax. |
Blue Label Telecoms Integrated Annual Report 2023
