| |
|
|
GROUP |
|
| |
(R’million) |
|
2019 |
|
|
2018
Restated* |
|
| 33 |
Analysis of loss from discontinued operations |
|
|
|
|
|
|
| |
In the current year, the results of the held-for-sale business Deli Foods Nigeria
Limited (Deli Foods) was included in the profit for the year as set out below and
comparatives restated accordingly (refer note 34). The prior year includes the
results of the held-for-sale business (Haco Tiger Brands (E.A.) Limited (Haco))
and Deli Foods. |
|
|
|
|
|
|
| |
Loss for the year from discontinued operations (attributable to owners
of the company) |
|
|
|
|
|
|
| |
Revenue |
|
151,0 |
|
|
152,1 |
|
| |
Expenses |
|
(168,1) |
|
|
(191,6) |
|
| |
Operating loss before impairments and abnormal items |
|
(17,1) |
|
|
(39,5) |
|
| |
Impairments** |
|
(8,8) |
|
|
(63,8) |
|
| |
Abnormal items |
|
(6,9) |
|
|
7,5 |
|
| |
Operating loss after impairments and abnormal items |
|
(32,8) |
|
|
(95,8) |
|
| |
Finance costs |
|
(19,7) |
|
|
(13,5) |
|
| |
Loss before taxation |
|
(52,5) |
|
|
(109,3) |
|
| |
Taxation |
|
– |
|
|
(5,6) |
|
| |
Loss for the year from discontinued operations |
|
(52,5) |
|
|
(114,9) |
|
| |
Attributable to non-controlling interest |
|
– |
|
|
(3,3) |
|
| |
Attributable to owners of parent |
|
(52,5) |
|
|
(118,2) |
|
| |
Cash flows from discontinued operations |
|
|
|
|
|
|
| |
Net cash outflows from operating activities |
|
(58,0) |
|
|
(126,0) |
|
| |
Net cash inflow from investing activities |
|
22,2 |
|
|
44,6 |
|
| |
Net cash inflow/(outflow) from financing activities |
|
16,8 |
|
|
(70,0) |
|
| |
Net cash outflows |
|
(19,0) |
|
|
(151,4) |
|
| |
Cash flow on disposal of subsidiary |
|
|
|
|
|
|
| |
Cash and cash equivalents disposed |
|
– |
|
|
(0,1) |
|
| |
Proceeds received on disposal*** |
|
307,7 |
|
|
103,5 |
|
| |
Total cash inflow on disposal of subsidiary |
|
307,7 |
|
|
103,4 |
|