Reviewed condensed Group statement of comprehensive income
For the year ended 31 May
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2017 Reviewed R’000 |
2016 Audited R’000 |
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---|---|---|---|---|---|
Revenue | 26 311 875 | 26 204 722 | |||
Other income | 16 814 | 126 294 | |||
Changes in inventories of finished goods | (24 139 293) | (24 375 028) | |||
Employee compensation and benefit expense | (452 985) | (427 116) | |||
Depreciation, amortisation and impairment charges | (112 851) | (98 183) | |||
Other expenses | (405 088) | (288 313) | |||
Operating profit | 1 218 472 | 1 142 376 | |||
Finance costs | (303 027) | (214 110) | |||
Finance income | 242 194 | 193 899 | |||
Gain on associates and joint venture measured at fair value | 160 200 | — | |||
Share of losses from associates and joint ventures | (164 941) | (71 770) | |||
Net profit before taxation | 1 152 898 | 1 050 395 | |||
Taxation | (332 037) | (318 783) | |||
Net profit for the year | 820 861 | 731 612 | |||
Other comprehensive income: | |||||
Items that may be subsequently reclassified to profit or loss | |||||
Share of other comprehensive (loss)/income of associates and joint ventures | (82 424) | 81 544 | |||
Foreign exchange loss on translation of foreign operations | (52) | (15) | |||
Other comprehensive (loss)/income for the year, net of tax | (82 476) | 81 529 | |||
Total comprehensive income for the year | 738 385 | 813 141 | |||
Net profit for the year attributable to: | 820 861 | 731 612 | |||
Equity holders of the parent | 786 965 | 691 590 | |||
Non-controlling interest | 33 896 | 40 022 | |||
Total comprehensive income for the year attributable to: | 738 385 | 813 141 | |||
Equity holders of the parent | 706 396 | 770 652 | |||
Non-controlling interest | 31 989 | 42 489 | |||