FINANCIAL PERFORMANCE

Condensed Group statement of comprehensive income

For the six months ended	Note	30 November 2020 Unaudited R'000	30 November 2019 Unaudited Restated* R'000
CONTINUING OPERATIONS
Revenue	4	9 582 022	11 310 930
Revenue from contracts with customers		9 365 787	11 112 117
Finance revenue		216 235	198 813
Other income		93 213	26 081
Changes in inventories of finished goods		(8 412 569)	(10 059 016)
Finance costs incurred in the generation of revenue		(31 804)	(83 176)
Employee compensation and benefit expense		(285 271)	(249 137)
Depreciation and amortisation		(93 183)	(101 105)
Impairments and fair value gains/(losses)		39 970	(2 874)
Other expenses		(282 227)	(194 226)
Operating profit		610 151	647 477
Finance costs		(71 869)	(119 481)
Finance income		27 529	36 197
Share of profits from associates and joint ventures		1 017	13 040
Profit before taxation		566 828	577 233
Taxation		(127 317)	(159 363)
Profit from continuing operations for the period		439 511	417 870
Profit/(loss) from discontinued operations	8	27 489	(48 188)
Profit for the period		467 000	369 682
Other comprehensive loss:
Items reclassified to profit or loss
Foreign currency translation reserve reclassified to profit or loss		(52 538)	–
Items that may be subsequently reclassified to profit or loss
Share of other comprehensive loss of associates and joint ventures		(7 715)	(221)
Foreign exchange loss on translation of foreign operations		–	(2 664)
Other comprehensive loss for the period, net of tax		(60 253)	(2 885)
Total comprehensive income for the period		406 747	366 797
Profit for the period attributable to:		467 000	369 682
Equity holders of the parent		440 090	314 839
Non-controlling interest		26 910	54 843
Profit for the period attributable to equity holders of the parent arises from:		440 090	314 839
Continuing operations		412 601	377 537
Discontinued operations		27 489	(62 698)
Total comprehensive income for the period attributable to:		406 747	366 797
Equity holders of the parent		379 837	312 467
Non-controlling interest		26 910	54 330
Total comprehensive income for the period attributable to equity holders of the parent arises from:		379 837	312 467
Continuing operations		352 348	374 905
Discontinued operations		27 489	(62 438)

Earnings per share	2	49.92	34.83
Continuing operations		46.80	41.76
Discontinued operations		3.12	(6.93)
Diluted earnings per share	2	47.85	34.35
Continuing operations		44.86	41.28
Discontinued operations		2.99	(6.93)

* As a result of discontinued operations, the Group has restated their comparative financial information. Refer to note 8.