Currently viewing: Group income statement | Next: Group statement of comprehensive income
Notes | 2024 R’000 |
2023 R’000 |
|||
---|---|---|---|---|---|
Revenue | 1.2 | 14 175 588 | 18 595 905 | ||
Finance revenue | 1.2 | 422 856 | 322 358 | ||
Total revenue | 1.2 | 14 598 444 | 18 918 263 | ||
Other income | 93 089 | 90 176 | |||
Direct operating costs* | (11 303 406) | (15 435 188) | |||
Employee compensation and benefit expense | 5.2 | (961 883) | (945 501) | ||
Depreciation and amortisation | (163 879) | (190 440) | |||
Fair value movements | 1.3 | 7 213 | 69 276 | ||
Bad debts and expected credit loss | 1.3 | (507 782) | (736 925) | ||
Loss on modification/derecognition of financial instruments | 1.3 | (32 576) | (57 453) | ||
Other expenses | (667 624) | (585 722) | |||
Operating profit | 1.3 | 1 061 596 | 1 126 486 | ||
Finance costs | 1.4 | (1 121 356) | (682 599) | ||
Finance income | 1.4 | 901 884 | 411 540 | ||
Reversal of impairment of investment in associate | 2.1.1 | — | 962 531 | ||
Share of gains/(losses) from associates and joint ventures | 2.1.1 | 15 416 | (1 329 747) | ||
Profit before taxation | 857 540 | 488 211 | |||
Taxation | 7.1 | (197 955) | (200 038) | ||
Profit for the year | 659 585 | 288 173 | |||
Profit for the year attributable to: | |||||
Equity holders of the parent | 647 386 | 268 966 | |||
Non-controlling interest | 12 199 | 19 207 | |||
Earnings per share for profit attributable to: | |||||
Equity holders (cents) | |||||
– Basic | 1.5 | 72.49 | 30.48 | ||
– Diluted | 1.5 | 72.03 | 30.07 |
* | Direct operating costs 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. |