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Tiger Brands Limited

Annual Financial Statements

Annual financial statements

Statements of comprehensive income

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FOR THE YEAR ENDED 30 SEPTEMBER 2022

COMPANY       GROUP
2022 2021   (R’million) Notes 2022 2021
4 049,0 1 834,3   Profit for the year   2 895,1 1 921,6
(0,1) (0,8)   Other comprehensive loss, net of tax   (92,8) (329,3)
      Net loss on hedge of net investment in foreign operation1   (8,7)
      Foreign currency translation reserve (FCTR) adjustments1   14,8 (180,2)
      Share of associates other comprehensive loss and FCTR1   (90,8) (156,0)
      Net (loss)/gain on cash flow hedges1   (18,8) 5,8
(0,1) (0,8)   Net (loss)/gain on FVOCI³ financial assets1   (55,4) 20,3
      Remeasurement raised in terms of IAS 19R2   63,0 (30,3)
      Tax effect 23 (5,6) 19,8
4 048,9 1 833,5   Total comprehensive income for the year, net of tax   2 802,3 1 592,3
      Attributable to:      
4 048,9 1 833,5   Owners of the parent   2 774,0 1 584,7
      Non-controlling interests   28,3 7,6
4 048,9 1 833,5       2 802,3 1 592,3
1 Items that may be subsequently reclassified to profit or loss including the related tax effects, with the exception of R0,1 million loss (2021: R19,3 million loss) relating to the share of associates’ other comprehensive loss, and fair value losses on equity instruments measured at FVOCI.
2 Includes a net actuarial gain of R59,0 million (2021: R21,2 million loss) and unrecognised gain due to asset ceiling of R4,0 million (2021: R9,1 million loss).
3 FVOCI – Fair value through other comprehensive income.