Consolidated statements of comprehensive income
| Continuing operations | Notes | 2016 R’000 |
2015 R’000 |
|||
| REVENUE | 3 | 5 559 896 | 5 182 715 | |||
| Turnover | 3 | 5 545 610 | 5 158 901 | |||
| Cost of sales | (3 516 089) | (3 284 696) | ||||
| Gross profit | 2 029 521 | 1 874 205 | ||||
| Selling, distribution and marketing expenses | (1 004 534) | (951 169) | ||||
| Fixed and administrative expenses | (419 293) | (405 010) | ||||
| Trading profit | 6 | 605 694 | 518 026 | |||
| Non-trading expenses | 4 | (52 449) | (18 960) | |||
| Operating profit | 553 245 | 499 066 | ||||
| Finance income | 5.1 | 5 107 | 13 144 | |||
| Finance costs | 5.2 | (76 888) | (96 683) | |||
| Dividend income | 3 | 9 179 | 10 670 | |||
| Equity-accounted earnings | 59 288 | 65 608 | ||||
| Profit before taxation | 549 931 | 491 805 | ||||
| Taxation | 7 | (170 547) | (141 873) | |||
| Profit for the year from continuing operations | 379 384 | 349 932 | ||||
| Loss after taxation for the year from discontinued operations | 2.1 | (200 242) | (151 123) | |||
| Profit for the year | 179 142 | 198 809 | ||||
| Other comprehensive income which will subsequently be recycled to profit or loss | 107 129 | 61 722 | ||||
| Exchange differences on translation of foreign operations: | ||||||
| – Continuing operations | 31 493 | 16 121 | ||||
| – Discontinued operations | 89 071 | 45 121 | ||||
| Fair value (loss)/gain on available-for-sale asset, net of tax | 20 | (588) | 403 | |||
| Profit on sale of shares | 20 | 1 067 | – | |||
| Movement in cash flow hedge accounting reserve, net of tax | 20 | (13 914) | 77 | |||
| Other comprehensive income which will not subsequently be recycled to profit or loss | ||||||
| Actuarial profit/(loss) on post-retirement medical liability | 20 | 6 079 | (442) | |||
| Total comprehensive income for the year, net of tax | 292 350 | 260 089 | ||||
| PROFIT ATTRIBUTABLE TO: | ||||||
| Owners of the parent | 168 801 | 197 932 | ||||
| Non-controlling interests | 10 341 | 877 | ||||
| 179 142 | 198 809 | |||||
| TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO: | ||||||
| Owners of the parents | 279 736 | 260 419 | ||||
| Non-controlling interests | 12 614 | (330) | ||||
| 292 350 | 260 089 | |||||
| Continuing operations: | ||||||
| Basic earnings per ordinary share | 8.1 | 223.6 | 204.2 | |||
| Diluted basic earnings per ordinary share | 8.1 | 223.6 | 204.2 | |||
| Headline earnings per ordinary share | 8.1 | 226.1 | 198.7 | |||
| Diluted headline earnings per ordinary share | 8.1 | 226.1 | 198.7 | |||
| Discontinued operations: | ||||||
| Basic loss per ordinary share | 8.2 | (122.2) | (87.0) | |||
| Diluted basic loss per ordinary share | 8.2 | (122.2) | (87.0) | |||
| Headline earnings/(loss) per ordinary share | 8.2 | 2.6 | (38.6) | |||
| Diluted headline earnings/(loss) per ordinary share | 8.2 | 2.6 | (38.6) | |||
| Total operations: | ||||||
| Basic earnings per ordinary share | 8.3 | 101.4 | 117.2 | |||
| Diluted basic earnings per ordinary share | 8.3 | 101.4 | 117.2 | |||
| Headline earnings per ordinary share | 8.3 | 228.7 | 160.1 | |||
| Diluted headline earnings per ordinary share | 8.3 | 228.7 | 160.1 |