CONDENSED CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
12 MONTHS
ENDED
30 APRIL
6 MONTHS ENDED
31 OCTOBER
Revenue
2019
UNAUDITED
R’m 2018
UNAUDITED
R’m 2019
AUDITED
R’m
2 687
1 954 1 478 Operating profit before depreciation and amortisation (EBITDA) 422 334 655
Depreciation and amortisation (36) (27) (55)
Operating profit before interest (EBIT)
Finance costs
386 307 600
(130) (100) (215)
385
Profit after finance costs 256 207 Share of (loss)/profit from joint ventures and associate (11) 6 6
Profit before tax 245 213 391
Taxation (65) (59) (115)
Profit for the year 180 154 276
1
Other comprehensive income to be classified to profit or loss
in subsequent periods, net of tax
Share of other comprehensive income of joint venture
Fair value adjustment on financial asset at fair value through other
comprehensive income
Total comprehensive income for the year, net of tax
- - (3) - -
177 154 277
Profit attributable to:
Equity holders of the parent
Non-controlling interest
118 86 154
62 68 122
Total comprehensive income attributable to:
Equity holders of the parent
Non-controlling interest
116 86 155
61 68 122
118 86 154
EARNINGS AND NORMALISED HEADLINE EARNINGS
Earnings per statement of comprehensive income
Adjustments:
Impairment of goodwill
Profit from sale of property, plant and equipment
Impairment of property, plant and equipment and intangible assets
Gain from acquisition of subsidiary
Headline earnings:
Loss on foreign exchange on capital loans
Legal/consulting fees
Other/non-recurring events
Tax effect of adjustments
Normalised headline earnings
Weighted average number of shares in issue ('000)
Earnings per share (cents)
Normalised headline earnings per share (cents)
- 2 3
(2) (1) (3)
-
2 - (25) - -
93 87 154
- - 1
(1) 1 9
- 5 -
1 (1) (2)
93 92 162
116 092 114 151 114 304
102,0 75,3 134,7
79,8 80,9 141,7
21,0 21,0 42,0
- - 21,0
DIVIDENDS PER SHARE
Dividend (cents)
Final dividend
Interim dividend proposed
Net asset value per share for the group (cents)
Net asset value per share for the company (cents)
21,0 21,0 21,0
1 484 1 364 1 406
827 786 796
SENWESBEL INTERIM RESULTS 31 OCTOBER 2019
3