Condensed Group statement of comprehensive income for the six months ended

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	Notes	30 November 2024 Unaudited R'000	30 November 2023 Unaudited R’000
Revenue		7 091 989	7 421 837
Finance revenue		153 103	159 519
Total revenue	4	7 245 092	7 581 356
Other income		29 021	26 197
Direct operating costs*		(5 619 372)	(5 983 475)
Employee compensation and benefit expense		(436 605)	(441 852)
Depreciation and amortisation		(96 770)	(71 587)
Bad debts, expected credit losses and fair value movements		(189 210)	(157 039)
(Loss)/gain on modification of financial instruments		(26 851)	10 989
Other expenses		(348 920)	(339 173)
Operating profit		556 385	625 416
Finance costs		(532 402)	(459 311)
Finance income		442 662	352 592
Share of profits from associates and joint ventures	5.1	16 775	6 639
Profit before taxation		483 420	525 336
Taxation		(84 498)	(112 149)
Profit for the period		398 922	413 187
Other comprehensive income:
Items reclassified to profit or loss
Effective and ineffective portion of hedging instruments reclassified to profit and loss, net of tax		—	(6 318)
Items that may be subsequently reclassified to profit or loss
Share of other comprehensive income/(loss) of associates and joint ventures		353	(306)
Loss arising on changes in fair value of hedging instruments, net of tax		—	(7)
Other comprehensive income/(loss) for the period, net of tax		353	(6 631)
Total comprehensive income for the period		399 275	406 556
Profit for the period attributable to:		398 922	413 187
Equity holders of the parent		395 353	406 423
Non-controlling interest		3 569	6 764
Total comprehensive income for the period attributable to:		399 275	406 556
Equity holders of the parent		395 706	399 792
Non-controlling interest		3 569	6 764
Earnings per share (cents)
Basic	2	43.98	45.67
Diluted	2	43.87	45.36

*	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.