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| R million | Notes | 30 June 2019 |
30 June 2018 |
CONTINUING OPERATIONS |
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| Revenue | 13 | 56 968 | 31 115 |
| Inventory expenses | (33 606) | (17 814) | |
| Staff costs | (8 576) | (5 641) | |
| Depreciation | (1 303) | (810) | |
| Other net operating expenses | (10 205) | (5 590) | |
| Trading profit | 3 278 | 1 260 | |
| Dividend income | 78 | 112 | |
| Interest received | 1 268 | 886 | |
| Fair value adjustment on exchangeable bonds’ option | 112 | 261 | |
| Finance costs | (1 477) | (1 266) | |
| Net impairment of investments, assets and goodwill | (7 218) | (201) | |
| Loss allowances on loans | (274) | (1) | |
| Profit on sale and dilution of investments | 137 | 5 188 | |
| Consolidated profit/(loss) before tax | (4 096) | 6 239 | |
| Taxation | (987) | (423) | |
| Consolidated profit/(loss) after tax | (5 083) | 5 816 | |
| Share of after-tax profit of equity accounted investments | 6 | 4 517 | 2 893 |
| Net profit/(loss) for the year from continuing operations | (566) | 8 709 | |
DISCONTINUED OPERATIONS(1) |
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| Profit for the year from discontinued operations | 8 318 | 490 | |
| Net profit for the year | 7 752 | 9 199 | |
| Attributable to: | |||
| Equity holders | 7 319 | 8 943 | |
| Continuing operations | (999) | 8 453 | |
| Discontinued operations | 8 318 | 490 | |
| Non-controlling interest | 433 | 256 | |
| 7 752 | 9 199 | ||
| (1) | On 30 June 2018 the investment in Unilever was transferred from “investments - equity accounted” to “assets held for sale” (refer to “Related party transactions” here). Profit from discontinued operations consists of the equity accounted earnings of Unilever as well as the profit on its subsequent disposal. |
