Tiger Brands

Condensed consolidated income statement

Download (EXCEL)

 

R'million	Notes		Audited year  ended  30 September  2019		Audited year   ended   30 September   2018*
Continuing operations
Revenue			29 232,7		28 364,7
Cost of sales			(20 382,4)		(19 106,8)
Gross profit			8 850,3		9 257,9
Sales and distribution expenses			(3 935,9)		(3 664,4)
Marketing expenses			(860,0)		(839,2)
Other operating expenses			(1 431,1)		(1 465,0)
Operating income before impairments and abnormal items	2		2 623,3		3 289,3
Impairments	3		(307,1)		(197,8)
Abnormal items	4		2 042,0		(422,1)
Operating income after impairments and abnormal items			4 358,2		2 669,4
Net finance costs and investment income	5		11,7		(18,6)
Income from associated companies			371,2		730,7
Profit before taxation			4 741,1		3 381,5
Taxation	6		(797,8)		(835,3)
Profit for the year from continuing operations			3 943,3		2 546,2
Discontinued operations
Loss for the year from discontinued operations	7		(52,5)		(114,9)
Profit for the year			3 890,8		2 431,3
Attributable to:
Owners of the parent			3 863,3		2 401,1
– Continuing operations			3 915,8		2 519,3
– Discontinued operations			(52,5)		(118,2)
Non-controlling interests			27,5		30,2
– Continuing operations			27,5		26,9
– Discontinued operations			–		3,3
			3 890,8		2 431,3
Basic earnings per ordinary share (cents)			2 332,6		1 457,7
– Continuing operations			2 364,3		1 529,5
– Discontinued operations			(31,7)		(71,8)
Diluted basic earnings per ordinary share (cents)			2 325,3		1 451,2
– Continuing operations			2 356,9		1 522,6
– Discontinued operations			(31,6)		(71,4)