Summarised Group income statementfor the year ended 31 May 2022

   2022 
R'000 
2021 
R'000 
Continuing operations         
Revenue  17 395 281    18 438 662 
Finance revenue  410 981    382 628 
Total revenue  17 806 262    18 821 290 
Other income  390 851    103 684 
Direct operating costs*  (14 858 153)   (16 378 665)
Finance costs incurred in the generation of revenue  (17 135)   (59 371)
Employee compensation and benefit expense  (780 255)   (637 387)
Depreciation and amortisation  (174 045)   (188 883)
Impairments and fair value movements  63 246    7 795 
Bad debts and expected credit loss  (327 761)   11 900 
Other expenses  (578 561)   (508 973)
Operating profit  1 524 449    1 171 390 
Finance costs  (201 225)   (131 947)
Finance income  80 993    59 717 
Share of gains from associates and joint ventures  8 042    2 951 
Profit before taxation  1 412 259    1 102 111 
Taxation  (320 262)   (249 416)
Profit after taxation from continuing operations  1 091 997    852 695 
Profit from discontinued operations  —    25 321 
Profit for the year  1 091 997    878 016 
Profit for the year from continuing operations attributable to:         
Equity holders of the parent  1 027 079    805 286 
Non-controlling interest  64 918    47 409 
Profit for the year from discontinued operations attributable to:         
Equity holders of the parent  —    25 321 
Non-controlling interest  —    — 
Earnings per share for profit attributable to:         
Equity holders (cents)        
– Basic  117.13    94.55 
– Diluted  114.14    91.36 
* Direct operating expenses are the operating expenses directly attributable to the production of goods and services sold by the Group. These include, but are not limited to, the costs associated with the acquisition of airtime and handsets sold by the Group.