Income statement

for the year ended 30 September 2025

			Restated^#
(R'million)	Notes	2025	2024
Continuing operations
Total revenue	2.1	34 392	33 494
Total cost of sales	2.2	(23 620)	(23 740)
Gross profit		10 772	9 754
Sales and distribution expenses		(4 386)	(4 377)
Marketing expenses		(900)	(805)
Other operating expenses		(1 812)	(1 848)
Sundry income	2.3	157	94
Expected credit loss reversed	4.7.2	1	20
Operating income before impairments and non-operational items	2.4	3 832	2 838
Impairments and fair value (loss)/gain	2.5	(20)	2
Operating income after impairments		3 812	2 840
Non-operational items	2.6	631	242
Profit including non-operational items		4 443	3 082
Finance costs	2.7.1	(72)	(309)
Finance income	2.7.2	137	22
Foreign exchange gain/(loss)	2.7.3	107	(49)
Investment income		19	22
Income from associated companies	5.2.2	376	724
Profit on disposal of associate	5.2.5	996	–
Profit before taxation		6 006	3 492
Taxation	3.1	(1 912)	(724)
Profit for the year from continuing operations		4 094	2 768
Discontinued operations
(Loss)/profit for the year from discontinued operations	13.1	(243)	244
Profit for the year		3 851	3 012
Attributable to:
Owners of the parent		3 817	2 983
– Continuing operations		4 094	2 768
– Discontinued operations		(277)	215
Non-controlling interest		34	29
– Continuing operations		–	–
– Discontinued operations		34	29

		3 851	3 012
Basic earnings per ordinary share (cents)		2 482	1 914
– Continuing operations		2 662	1 776
– Discontinued operations		(180)	138
Diluted basic earnings per ordinary share (cents)		2 449	1 888
– Continuing operations		2 627	1 752
– Discontinued operations		(178)	136

^#	Restated for IFRS 5 discontinued operations disclosed in note 13.1 and the prior period restatements disclosed in note 12

Refer to note 2.8 for details on headline earnings per share.