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Tiger Brands Limited

Annual Financial Statements

Annual financial statements

Analysis of profit from discontinued operations

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    GROUP
  (R'million) 2022   2021
34 Analysis of profit from discontinued operations      
  The comparative periods reflect the results of the discontinued operations Deli Foods Nigeria Limited (Deli Foods) and Value Added Meat Products (VAMP), a division of Tiger Consumer Brands Limited.
These are stated below.
     
  Profit for the year from discontinued operations (attributable to owners of the company)      
  Revenue   119,9
  Expenses   (100,8)
  Operating profit before impairments and non-operational items   19,1
  Non-operational items   122,0
  Operating profit after impairments and non-operational items   141,1
  Finance costs   (0,5)
  Profit before taxation   140,6
  Taxation   (20,8)
  Profit for the year from discontinued operations   119,8
  Attributable to non-controlling interest  
  Attributable to owners of parent   119,8
  Cash flows from discontinued operations      
  Net cash outflow from operating activities   (5,9)
  Net cash inflow from investing activities   21,9
  Net cash outflow from financing activities   (6,7)
  Net cash inflow   9,3