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Annual financial statements
Analysis of profit from discontinued operations
Download pdf| 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. |
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| 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 | ||