CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 APRIL 2021
GROUP COMPANY
2021 R ’ m |
2020 R ’ m |
2021 R ’ m |
2020 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 ( 1 927 ) ( 1 278 ) ( 4 ) ( 5 ) Credit loss expense on financial assets ( 17 ) ( 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
2021 cents / share
2020 cents / share
Earnings per share 248,8 141,6
DIVIDENDS FOR THE YEAR 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 |
- |
9 AGRIBEL HOLDINGS CONDENSED ANNUAL REPORT 2021 Agribel Holdings Limited Reg nr : 1996 / 017629 / 06