Currently viewing: Summarised Group income statement | Next: Summarised Group statement of comprehensive income
| 2023 R'000 |
2022 R'000 |
||
|---|---|---|---|
| Revenue | 18 595 905 | 17 395 281 | |
| Finance revenue | 322 358 | 410 981 | |
| Total revenue | 18 918 263 | 17 806 262 | |
| Other income | 90 176 | 390 851 | |
| Direct operating costs* | (15 435 188) | (14 858 153) | |
| Finance costs incurred in the generation of revenue | — | (17 135) | |
| Employee compensation and benefit expense | (945 501) | (780 255) | |
| Depreciation and amortisation | (190 440) | (174 045) | |
| Fair value movements | 69 276 | 63 246 | |
| Bad debts and expected credit loss | (736 925) | (327 761) | |
| Loss on modification of financial instruments | (57 453) | — | |
| Other expenses | (585 722) | (578 561) | |
| Operating profit | 1 126 486 | 1 524 449 | |
| Finance costs | (682 599) | (201 225) | |
| Finance income | 411 540 | 80 993 | |
| Reversal of impairment of investment in associate | 962 531 | — | |
| Share of (losses)/gains from associates and joint ventures | (1 329 747) | 8 042 | |
| Profit before taxation | 488 211 | 1 412 259 | |
| Taxation | (200 038) | (320 262) | |
| Profit for the year | 288 173 | 1 091 997 | |
| Profit for the year attributable to: | |||
| Equity holders of the parent | 268 966 | 1 027 079 | |
| Non-controlling interest | 19 207 | 64 918 | |
| Earnings per share for profit attributable to: | |||
| Equity holders (cents) | |||
| – Basic | 30.48 | 117.13 | |
| – Diluted | 30.07 | 114.14 |
| * | 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. |
