Imperial - Audited results Jun 2019 - Statement profit or loss


	Notes	% change	2019 Rm	2018~ Rm

CONTINUING OPERATIONS
Revenue	3	2	49 720	48 565
Net operating expenses			(46 164)	(44 682)
Profit from operations before depreciation and recoupments			3 556	3 883
Depreciation, amortisation, impairments and recoupments			(1 055)	(1 015)
Operating profit		(13)	2 501	2 868
Recoupments from sale of properties, net of impairments			(6)	22
Amortisation of intangible assets arising on business combinations			(400)	(415)
Foreign exchange losses			(53)	(50)
Other non-operating items	7		(1 112)	(113)
Profit before net finance costs			930	2 312
Net finance cost	8	(27)	(415)	(569)
Profit before share of results of associates and joint ventures			515	1 743
Share of results of associates and joint ventures			46	56
Profit before tax			561	1 799
Income tax expense			(471)	(620)
Profit for the year from continuing operations			90	1 179
DISCONTINUED OPERATIONS		57	3 493	2 229
Consumer packaged goods (CPG)			(1 899)	(83)
Motus Holdings Limited (Motus)			5 392	2 312
Net profit for the year			3 583	3 408
Net profit attributable to:
Owners of Imperial			3 441	3 273
– Continuing operations			(51)	1 011
– Discontinued operations			3 492	2 262
Non-controlling interest			142	135
– Continuing operations			141	168
– Discontinued operations			1	(33)
Earnings per share (cents)
Continuing operations
– Basic			(26)	519
– Diluted			(26)	505
Discontinued operations
– Basic			1 801	1 162
– Diluted			1 801	1 129
Total operations
– Basic		6	1 775	1 681
– Diluted		9	1 775	1 634

^~	Restated for discontinued operations (CPG).