Adcock Ingram Integrated Report 2018

69 ADCOCK INGRAM  Integrated Report 2018 2018 2017 Continuing operations Notes R’000 R’000 REVENUE 3 6 562 865 5 957 700 Turnover 3 6 540 255 5 936 056 Cost of sales (3 974 235) (3 693 773) Gross profit 2 566 020 2 242 283 Selling, distribution and marketing expenses (1 188 242) (1 068 585) Fixed and administrative expenses (511 401) (449 275) Trading profit 6 866 377 724 423 Non-trading expenses 4 (46 895) (47 128) Operating profit 819 482 677 295 Finance income 5.1 18 270 15 665 Finance costs 5.2 (26 187) (38 239) Dividend income 3 4 340 5 979 Equity-accounted earnings 79 252 64 144 Profit before taxation 895 157 724 844 Taxation 7 (251 084) (204 856) Profit for the year from continuing operations 644 073 519 988 Profit after taxation for the period from discontinued operations 2.1 – 41 132 Profit for the year 644 073 561 120 Other comprehensive income which will subsequently be recycled to profit or loss 6 406 (24 832) Exchange differences on translation of foreign operations: – Continuing operations 3 714 (5 732) – Joint venture and associate (1 914) (17 486) – Discontinued operations – (21 353) Fair value profit on available-for-sale asset, net of tax 20 24 7 Movement in cash flow hedge accounting reserve, net of tax 20 4 582 19 732 Other comprehensive income transferred to profit or loss 20 – (125 784) Other comprehensive income which will not be recycled to profit or loss Actuarial profit on post-retirement medical liability 20 634 511 Total comprehensive income for the year, net of tax 651 113 411 015 Profit attributable to: Owners of the parent 637 943 553 534 Non-controlling interests 6 130 7 586 644 073 561 120 Total comprehensive income attributable to: Owners of the parent 644 983 405 568 Non-controlling interests 6 130 5 447 651 113 411 015 Continuing operations: Basic earnings per ordinary share (cents) 8.1 383.6 308.9 Diluted basic earnings per ordinary share (cents) 8.1 383.6 308.9 Headline earnings per ordinary share (cents) 8.1 387.7 308.9 Diluted headline earnings per ordinary share (cents) 8.1 387.7 308.9 Discontinued operations: Basic earnings per ordinary share (cents) 8.2 – 24.0 Diluted earnings per ordinary share (cents) 8.2 – 24.0 Headline earnings per ordinary share (cents) 8.2 – 3.7 Diluted headline earnings per ordinary share (cents) 8.2 – 3.7 Total operations: Basic earnings per ordinary share (cents) 8.3 383.6 332.9 Diluted basic earnings per ordinary share (cents) 8.3 383.6 332.9 Headline earnings per ordinary share (cents) 8.3 387.7 312.6 Diluted headline earnings per ordinary share (cents) 8.3 387.7 312.6 Consolidated statements of comprehensive income