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Phuthuma Nathi Investments (RF) Limited

Integrated annual report 2018

109

Financial review

(continued)

Summarised statements of profit or loss

for the year ended 31 March

Summarised statements of comprehensive

income

for the year ended 31 March

2018

R’000

2017

R’000

Operating expenses

(96)

(91)

Operating loss

(96)

(91)

Share of equity-accounted results of associate

1 040 968

927 626

Profit before taxation

1 040 872

927 535

Taxation

Net profit for the year

1 040 872

927 535

Earnings per share based on 45 000 000 issued shares

R23,13

R20,61

The accompanying notes form an integral part of these financial statements.

2018

R’000

2017

R’000

Net profit for the year

1 040 872

927 535

Items that may be reclassified subsequently

to profit or loss

Share of changes in associate’s other comprehensive

income items

(71 539)

(85 605)

Total comprehensive income

969 333

841 930

The accompanying notes form an integral part of these financial statements.