| R million | Notes |
30 June 2018 |
30 June 2017 |
|---|---|---|---|
| CONTINUING OPERATIONS | |||
| Sales | 31 115 | 27 600 | |
| Inventory expenses | (17 814) | (16 138) | |
| Staff costs | (5 641) | (4 972) | |
| Depreciation | (810) | (752) | |
| Other net operating expenses | (5 590) | (4 978) | |
| Trading profit | 1 260 | 760 | |
| Dividend income | 112 | 61 | |
| Interest received | 886 | 633 | |
| Fair value adjustment on exchangeable bonds' option | 261 | 687 | |
| Finance costs | (1 266) | (1 255) | |
| Net impairment of investments, loans, assets and goodwill | (202) | 105 | |
| Profit on sale and dilution of investments | 5 188 | 199 | |
| Consolidated profit before tax | 6 239 | 1 190 | |
| Taxation | (423) | (227) | |
| Consolidated profit after tax | 5 816 | 963 | |
| Share of after-tax profit of equity accounted investments | 10 | 2 893 | 7 099 |
| Net profit for the year from continuing operations | 8 709 | 8 062 | |
| DISCONTINUED OPERATIONS* | |||
| Profit for the year from discontinued operations | 490 | 446 | |
| Net profit for the year | 9 199 | 8 508 | |
| Attributable to: | |||
| Equity holders | 8 943 | 8 431 | |
| Continuing operations | 8 453 | 7 985 | |
| Discontinued operations | 490 | 446 | |
| Non-controlling interest | 256 | 77 | |
| 9 199 | 8 508 | ||
* On 30 June 2018 the investment in Unilever was transferred from “investments - equity accounted” to “assets held for sale” (refer to “Events after year-end” here). Profit from discontinued operations consists of the equity accounted earnings of Unilever. Comparative information has been represented accordingly.
