CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
6 MONTHS ENDED 31 OCTOBER 2022
UNAUDITED R ’ m
2021 UNAUDITED
R ’ m *
12 MONTHS ENDED 30 APRIL
2022 AUDITED
R ’ m
Revenue 6 680 5 123 10 881 Earnings before depreciation and amortisation ( EBITDA ) 713 516 1 069 Depreciation and amortisation ( 94 ) ( 71 ) ( 165 ) Earnings before interest ( EBIT ) 619 445 904 Finance income 47 19 38 Finance costs ( 129 ) ( 79 ) ( 128 ) Profit after finance costs 537 385 814 Share of profit from joint ventures and associates 19 21 25 Profit before tax 556 406 839 Taxation ( 138 ) ( 107 ) ( 204 ) Profit for the year 418 299 635
Profit after tax from : 418 299 635 Continuing operations 414 296 633 Discontinued operations 4 3 2
Other comprehensive income to be classified to profit or loss in subsequent periods , net of tax
( 17 ) - ( 14 )
Cash flow hedge movements ( 17 ) - ( 14 )
Other comprehensive income not to be classified to profit or loss in subsequent periods , net of tax
12 - ( 1 )
Exchange difference on translation of foreign operations 10 - - Fair value adjustment on other financial assets 2 - ( 1 ) Total comprehensive income for the year , net of tax 413 299 620
Profit attributable to : Equity holders of the parent 289 219 437 Non-controlling interest 129 80 198
Total comprehensive income attributable to : Equity holders of the parent 286 219 425 Non-controlling interest 127 80 195
* During the prior year ( 30 April 2022 ), the group adjusted its presentation of other operating income , as well as other statement of comprehensive income and cash flows used in operating activities line items . This constituted a reclassification of amounts to ensure improved presentation and comparability . The impact of this voluntary change in presentation on the consolidated financial statements is limited to the statement of comprehensive income and the statement of cash flows , and consequently adjusted in the 31 October 2021 comparative figures as disclosed in these interim results .
AGRIBEL UNAUDITED INTERIM RESULTS OCTOBER 2022 3