Five-year review


(R’million)	2024	2023	2022	2021	2020
Consolidated income statements
Revenue	37 662	37 389	34 029	30 954	29 796
Profit before taxation, income from associates, non-operational items and impairments	2 814	2 864	3 424	2 180	2 319
Income from associates	724	697	478	346	352
Non-operational items and impairments	216	(10)	12	(127)	(451)
Profit before taxation	3 755	3 551	3 915	2 399	2 220
Taxation	(799)	(817)	(1 020)	(597)	(727)
Profit for the year from continuing operations	2 955	2 734	2 895	1 802	1 493
*Attributable to:*
Owners of the parent – continuing operations	2 926	2 697	2 865	1 773	1 467
Non-controlling interests – continuing operations	29	37	31	29	26
Consolidated statements of financial position
Property, plant and equipment	6 108	6 102	5 817	5 572	5 059
Goodwill and intangible assets	3 021	3 061	3 042	3 040	2 943
Investments	3 951	3 708	2 987	3 047	2 855
Current assets	13 303	12 922	12 196	11 198	10 618
Assets classified as held for sale	41	–	–	–	419
Total assets	26 422	25 793	24 043	22 857	21 894
Issued capital and reserves before share-based payment reserve	17 466	16 578	14 856	14 915	14 941
Share-based payment reserve	513	526	753	700	687
Non-controlling interests	217	200	142	147	159
Net deferred taxation liability	335	279	206	150	337
Provision for post-retirement medical aid	251	238	323	564	518
Long-term borrowings	303	1 211	326	399	197
Current liabilities	7 337	6 761	7 436	5 983	4 752
Liabilities classified as held for sale	–	–	–	–	304
Total equity and liabilities	26 422	25 793	24 043	22 857	21 894
Consolidated cash flow statements
Cash operating profit after interest and taxation	3 625	3 248	3 248	3 072	2 438
Working capital changes	735	(1 561)	(1 587)	110	(53)
Dividends received	229	247	372	115	106
Cash available from operations	4 589	1 934	2 033	3 297	2 491
Dividends and capital distributions paid	(1 641)	(1 564)	(1 386)	(1 684)	(740)
Net cash flow from operating activities	2 948	370	647	1 613	1 751
Net cash flow from investing activities	(665)	(1 144)	(1 041)	(856)	(797)
Net cash flow before financing activities	2 284	(774)	(394)	757	812
Net cash flow from financing activities	(1 687)	489	(655)	(245)	(246)
Net increase in cash and cash equivalents	596	(285)	(1 049)	512	566