20
22
22
Annual financial statements
Income statements
Download pdfFOR THE YEAR ENDED 30 SEPTEMBER 2022
| COMPANY | GROUP | |||||
| 2022 | 2021 | (R’million) | Notes | 2022 | 2021 | |
| CONTINUING OPERATIONS | ||||||
| 4 132,5 | 1 821,6 | Total revenue | 2 | 34 028,9 | 30 953,9 | |
| 4 132,5 | 1 821,6 | Revenue | 34 030,6 | 31 208,8 | ||
| Impact of product recall | 3.1 | (1,7) | (254,9) | |||
| Total cost of sales | (23 713,1) | (22 143,7) | ||||
| Cost of sales | (23 708,2) | (21 750,2) | ||||
| Impact of product recall | 3.1 | (4,9) | (308,3) | |||
| Impact of civil unrest | 3.2 | – | (85,2) | |||
| 4 132,5 | 1 821,6 | Gross profit | 10 315,8 | 8 810,2 | ||
| Sales and distribution expenses | (4 350,3) | (4 047,8) | ||||
| Marketing expenses | (906,9) | (905,5) | ||||
| (22,0) | (49,8) | Other operating expenses | (1 834,2) | (1 673,1) | ||
| 4,0 | – | Sundry income | 3.3 | 218,8 | – | |
| 21,0 | 19,6 | Expected credit loss (raised)/reversed | (12,5) | 51,7 | ||
| 4 135,5 | 1 791,4 | Operating income before impairments and non-operational items | 4 | 3 430,7 | 2 235,5 | |
| (101,9) | – | Impairments and fair value losses | 6 | (15,9) | (154,2) | |
| 4 033,6 | 1 791,4 | Operating income after impairments | 3 414,8 | 2 081,3 | ||
| Non-operational items | 7 | 28,3 | 27,2 | |||
| 4 033,6 | 1 791,4 | Profit including non-operational items | 3 443,1 | 2 108,5 | ||
| Finance costs | 8.1 | (89,1) | (57,0) | |||
| 43,0 | 24,9 | Finance income | 8.2 | 14,2 | 2,8 | |
| (3,6) | (15,9) | Foreign exchange profit/(loss) | 8.3 | 45,7 | (8,7) | |
| Investment income | 22,7 | 17,8 | ||||
| Income from associated companies | 15.2 | 478,0 | 345,9 | |||
| – | 43,6 | (Loss)/profit on disposal of investment in associated company | 15.3 | – | (10,8) | |
| 4 073,0 | 1 844,0 | Profit before taxation | 3 914,6 | 2 398,5 | ||
| (24,0) | (9,7) | Taxation | 9 | (1 019,5) | (596,7) | |
| 4 049,0 | 1 834,3 | Profit for the year from continuing operations | 2 895,1 | 1 801,8 | ||
| DISCONTINUED OPERATIONS | ||||||
| Profit for the year from discontinued operations | 34 | – | 119,8 | |||
| Profit for the year | 2 895,1 | 1 921,6 | ||||
| Attributable to: | ||||||
| 4 049,0 | 1 834,3 | Owners of the parent | 2 864,5 | 1 893,1 | ||
| – Continuing operations | 2 864,5 | 1 773,3 | ||||
| – Discontinued operations | – | 119,8 | ||||
| Non-controlling interest | 30,6 | 28,5 | ||||
| – Continuing operations | 30,6 | 28,5 | ||||
| 4 049,0 | 1 834,3 | 2 895,1 | 1 921,6 | |||
| Basic earnings per ordinary share (cents) | 1 762,2 | 1 142,3 | ||||
| – Continuing operations | 1 762,2 | 1 070,0 | ||||
| – Discontinued operations | – | 72,3 | ||||
| Diluted basic earnings per ordinary share (cents) | 1 737,7 | 1 130,0 | ||||
| – Continuing operations | 1 737,7 | 1 058,5 | ||||
| – Discontinued operations | – | 71,5 | ||||
| Headline earnings per share is disclosed in note 10. | ||||||