AGRIBEL HOLDINGS LTD FINANCIAL REVIEW 2021
FOR THE YEAR ENDED 30 APRIL 2021
|
GROUP |
|
COMPANY |
|
|
2021 |
2020 |
2021 |
2020 |
Notes |
R ' m |
R ' m |
R ' m |
R ' m |
Services rendered 848 634 - - Income from sale of goods 6 400 3 764 - - Revenue from contracts with customers 7 248 4 398 - - Finance Income 327 405 - - Revenue 7 575 4 803 - - Cost of sales and the cost of generating finance income ( 4 933 ) ( 3 027 ) - - Gross profit 2 642 1 776 - - Dividend income - - 60 58 Gain on bargain purchase of acquisitions 124 56 - - Gain on disposal of investment in joint venture 28 - - - Gain on disposal of shares - - 20 - Distribution , sales and administrative expenses ( 1 916 ) ( 1 278 ) ( 4 ) ( 5 ) Credit loss expense on financial assets ( 28 ) ( 8 ) - - Operating profit 850 546 76 53 Finance income 6 4 1 - Finance costs ( 104 ) ( 92 ) ( 2 ) ( 2 ) Share of profit /( loss ) from joint ventures and associates 14 ( 19 ) - - Profit before tax from operations 766 439 75 51 Tax ( 178 ) ( 110 ) ( 2 ) ( 1 ) Profit for the year after tax 588 329 73 50 Other comprehensive income not to be reclassified to profit or loss in subsequent periods , net of tax 2 ( 1 ) 80 7 Fair value adjustment on other financial assets 2 ( 2 ) 80 7
Share of other comprehensive income of joint venture |
|
- |
1 |
- |
- |
Total comprehensive income for the year , net of tax |
|
590 |
328 |
153 |
57 |
Profit attributable to : Equity holders of the parent |
298 |
164 |
Non-controlling interest |
290 |
165 |
Total comprehensive income attributable to : Equity holders of the parent |
300 |
163 |
Non-controlling interest |
290 |
165 |
EARNINGS PER SHARE |
Notes |
2021 cents / share |
2020 cents / share
|
Earnings per share |
248.8 |
141,6 |
DIVIDENDS FOR THE YEAR |
|
|
|
2021 cents / |
2020 cents /
|
Notes |
share |
share
|
Dividend paid during the year |
46 |
42 |
Final dividend previous year |
23 |
21 |
Interim dividend |
23 |
21 |
Final dividend per share proposed |
23 |
23 |
Special dividend per share proposed |
19 |
- |
12 AGRIBEL ANNUAL FINANCIAL REVIEW 2021 Agribel Holdings Limited Reg nr : 1996 / 017629 / 06