Segmental summary
Total 2020 R’000 |
Africa Distribution 2020 R’000 |
International 2020 R’000 |
Mobile 2020 R’000 |
Solutions 2020 R’000 |
Corporate 2020 R’000 |
|
Continuing operations | ||||||
Total segment revenue | 30 818 506 | 30 165 762 | — | — | 191 830 | 460 914 |
Internal revenue | (9 683 180) | (9 219 540) | — | — | (2 726) | (460 914) |
Revenue | 21 135 326 | 20 946 222 | — | — | 189 104 | — |
Operating profit/(loss) before depreciation and amortisation | 825 364 | 931 175 | 19 474 | — | 40 330 | (165 615) |
Profit/(loss) for the year from continuing operations attributable to equity holders of the parent | 226 786 | 375 952 | 6 071 | — | 40 913 | (196 150) |
(Loss)/profit from discontinued operations attributable to equity holders of the parent | (102 305) | (261 707) | 14 617 | 144 785 | — | — |
Profit/(loss) for the year attributable to equity holders of the parent | 124 481 | 114 245 | 20 688 | 144 785 | 40 913 | (196 150) |
Amortisation of intangibles raised through business combinations net of tax and non-controlling interest |
40 819 | 36 357 | 3 835 | 627 | — | — |
Headline earnings adjustment | 396 832 | 372 374 | (2 908) | 27 369 | (3) | — |
Core headline earnings for the year | 562 132 | 522 976 | 21 615 | 172 781 | 40 910 | (196 150) |
Restated* 2019 R’000 |
Restated* 2019 R’000 |
Restated* 2019 R’000 |
Restated* 2019 R’000 |
2019 R’000 |
2019 R’000 |
|
Continuing operations | ||||||
Total segment revenue | 33 413 055 | 33 016 255 | — | — | 205 106 | 191 694 |
Internal revenue | (9 810 791) | (9 617 229) | — | — | (1 868) | (191 694) |
Revenue | 23 602 264 | 23 399 026 | — | — | 203 238 | — |
Operating profit/(loss) before depreciation and amortisation | 257 300 | 507 485 | (53 360) | — | 37 786 | (234 611) |
(Loss)/profit for the year from continuing operations attributable to equity holders of the parent | (6 672 923) | (6 179 847) | (277 445) | — | 43 563 | (259 194) |
Profit/(loss) from discontinued operations attributable to equity holders of the parent | 26 540 | 61 972 | 14 186 | (49 618) | — | — |
(Loss)/profit for the year attributable to equity holders of the parent | (6 646 383) | (6 117 875) | (263 259) | (49 618) | 43 563 | (259 194) |
Amortisation of intangibles raised through business combinations net of tax and non-controlling interest |
70 485 | 61 151 | 7 675 | 1 659 | — | — |
Headline earnings adjustment | 3 792 743 | 3 530 852 | 165 443 | 96 448 | — | — |
Core headline (loss)/earnings for the year | (2 783 155) | (2 525 872) | (90 141) | 48 489 | 43 563 | (259 194) |
* As a result of the discontinued operations, the Group has restated its comparative financial information. Refer to the note on discontinued operations for details.
DISCONTINUED OPERATIONS
The current and prior year segmental results have been adjusted to account for the discontinued operations within the Africa Distribution segment (3G Mobile, Airvantage and WiConnect), the Mobile segment (Cellfind, Panacea, Simigenix and Viamedia) and the International segment (AV Technology and Airvantage Brazil). Refer to note on discontinued operations for details. In addition, Blue Label One has been reallocated from the Mobile segment to the Africa Distribution segment.