ANNUAL FINANCIAL STATEMENTS 2024

for the year ended 30 September 2024

  5 Operating income before impairments and non-operational items
   

Operating income before impairments and non-operational items is disclosed to provide an additional basis on which to measure the group's performance.

   
  GROUP   COMPANY
(R'million) 2024 2023   2024 2023
Operating income has been determined after charging/(crediting):          
External auditors’ remuneration* 31,8 30,5      
– Audit fee – current year 27,4 27,5      
– Audit fee – prior year 1,8 0,4      
– Assurance-related services 1,1 1,2      
– Tax services 0,3 0,8      
– Non-audit services 0,5 0,1      
– Expenses 0,7 0,5      
Internal auditors’ remuneration 12,3 13,6      
Lease charges** 36,4 26,2      
– On land and buildings 8,5 9,4      
– On plant, equipment and vehicles 27,9 16,8      
Loss on disposal of plant, equipment and vehicles 14,6 8,8      
Research, development and related expenditure 61,0 80,0      
IFRS 2 charges (refer note 29) 71,4 13,4      
– Cash settled (4,1) 5,6      
– Equity settled, including BEE-related IFRS 2 charges 75,5 7,8      
Staff costs 4 221,5 3 873,9      
Employer’s expense to retirement funding (refer note 30) 210,3 217,7      
Employer’s contribution to medical aid 91,4 89,6      
Foreign exchange profit (26,9) (19,4)      
Rental and fee income (4,8) (4,6)      

*  Audit fee disclosures have been enhanced in terms of the requirements contained in the IESBA code for Public Interest Entities. As a result, the comparatives have been reclassified and aligned to this enhanced disclosure
** Lease charges consist of variable lease payments and payments in respect of low value assets