Summarised consolidated statement of profit or loss
for the year ended 30 June 2018
R million |
Notes |
% change |
|
2018 |
|
2017* |
|
Continuing operations |
|
|
|
|
|
|
|
Revenue |
|
3 |
|
51 303 |
|
49 635 |
|
Net operating expenses |
|
|
|
(47 408) |
|
(45 772) |
|
Profit from operations before depreciation and recoupments |
|
|
|
3 895 |
|
3 863 |
|
Depreciation, amortisation, impairments and recoupments |
|
|
|
(1 082) |
|
(1 124) |
|
Operating profit |
|
3 |
|
2 813 |
|
2 739 |
|
Recoupments from sale of properties, net of impairments |
|
|
|
22 |
|
181 |
|
Amortisation of intangible assets arising on business combinations |
|
|
|
(417) |
|
(505) |
|
Foreign exchange losses |
|
|
|
(50) |
|
(194) |
|
Other non-operating items |
7 |
|
|
(113) |
|
(257) |
|
Profit before net finance costs |
|
|
|
2 255 |
|
1 964 |
|
Net finance cost |
8 |
(22) |
|
(649) |
|
(831) |
|
Profit before share of results of associates and joint ventures |
|
|
|
1 606 |
|
1 133 |
|
Share of results of associates and joint ventures |
|
|
|
56 |
|
61 |
|
Profit before tax |
|
|
|
1 662 |
|
1 194 |
|
Income tax expense |
|
|
|
(566) |
|
(228) |
|
Profit for the year from continuing operations |
|
13 |
|
1 096 |
|
966 |
|
Discontinued operations |
|
|
|
2 312 |
|
1 599 |
|
Profit for the year from Motus (held for distribution to owners of Imperial) |
|
75 |
|
2 312 |
|
1 320 |
|
Profit for the year from Regent |
|
|
|
|
|
279 |
|
Net profit for the year |
|
|
|
3 408 |
|
2 565 |
|
Net profit attributable to: |
|
|
|
|
|
|
|
Owners of Imperial |
|
|
|
3 273 |
|
2 601 |
|
– Continuing operations |
|
|
|
928 |
|
802 |
|
– Discontinued operations |
|
|
|
2 345 |
|
1 799 |
|
Motus |
|
|
|
2 345 |
|
1 571 |
|
Regent |
|
|
|
|
|
228 |
|
Non-controlling interest |
|
|
|
135 |
|
(36) |
|
– Continuing operations |
|
|
|
168 |
|
164 |
|
– Discontinued operations |
|
|
|
(33) |
|
(200) |
|
Motus |
|
|
|
(33) |
|
(251) |
|
Regent |
|
|
|
|
|
51 |
|
Earnings per share (cents) |
|
|
|
|
|
|
|
Continuing operations |
|
|
|
|
|
|
|
– Basic |
|
16 |
|
477 |
|
412 |
|
– Diluted |
|
15 |
|
463 |
|
401 |
|
Discontinued operations |
|
|
|
|
|
|
|
– Basic |
|
|
|
1 204 |
|
927 |
|
Motus |
|
49 |
|
1 204 |
|
809 |
|
Regent |
|
|
|
|
|
118 |
|
– Diluted |
|
|
|
1 171 |
|
901 |
|
Motus |
|
49 |
|
1 171 |
|
786 |
|
Regent |
|
|
|
|
|
115 |
|
Total operations |
|
|
|
|
|
|
|
– Basic |
|
26 |
|
1 681 |
|
1 339 |
|
– Diluted |
|
25 |
|
1 634 |
|
1 302 |
|
*Represented for discontinued operation. Restated revenue and net operating expense, refer to note 3.1 on page 29.