95 / 248
For the year ended 31 May 2015
93
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
GROUP STATEMENT OF COMPREHENSIVE INCOME
Notes
2014
R’000
Revenue
17
22 044 222
19 401 666
Other income
99 972
26 692
Changes in inventories of finished goods
(20 399 882)
(18 052 132)
Employee compensation and benefit expense
18
(407 448)
(332 542)
Depreciation, amortisation and impairment charges
(94 019)
(65 137)
Other expenses
(256 699)
(255 691)
Operating profit
19
986 146
722 856
Finance costs
20
(233 165)
(166 876)
Finance income
20
173 047
156 250
Share of losses from associates and joint ventures
6
(79 338)
(56 873)
Net profit before taxation
846 690
655 357
Taxation
21
(265 497)
(206 442)
Net profit for the year
581 193
448 915
Other comprehensive income:
Items reclassified to profit or loss
Foreign currency translation reserve reclassified to profit or loss*
(18 467)
—
Items that may be subsequently reclassified to profit or loss
Share of other comprehensive income of associates and joint
ventures*
(10 497)
26 099
Foreign exchange profit/(loss) on translation of foreign
operations*
5 863
(462)
Other comprehensive (loss)/income for the year, net of tax
(23 101)
25 637
Total comprehensive income for the year
558 092
474 552
Net profit for the year attributable to:
Equity holders of the parent
577 617
450 230
Non-controlling interest
3 576
(1 315)
Total comprehensive income for the year attributable to:
Equity holders of the parent
549 691
475 889
Non-controlling interest
8 401
(1 337)
Earnings per share for profit attributable to:
Equity holders (cents)
– Basic
22
86.86
67.88
– Diluted
22
85.03
66.86
* These components of other comprehensive income do not attract any tax.
The notes on pages 97 to 193 are an integral part of these consolidated financial statements.
2015
R’000