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96

MultiChoice South Africa Holdings Proprietary Limited

Integrated annual report 2018

Summarised consolidated statements of

profit or loss

for the year ended 31 March

Group

Company

2018

R’000

2017

R’000

2018

R’000

2017

R’000

Revenue

40 165 003

40 543 644

Cost of providing services and

sale of goods

(21 544 531)

(22 799 870)

Selling, general and

administration expenses

(7 959 148)

(7 602 656)

Other gains

18 489

19 648

Operating profit

10 679 813

10 160 766

Finance income

320 841

212 384

Finance costs

(644 929)

(673 717)

Foreign exchange gains/(losses)

659 995

(250 524)

Dividends received

6 500 000

6 500 000

Share of equity-accounted results

(96 767)

(66 843)

Impairment of equity-accounted

investment

(201)

(10 311)

Profit on disposal of investment/

business

117 756

87 456

Profit before taxation

11 036 508

9 459 211

6 500 000

6 500 000

Taxation

(3 247 202)

(2 631 432)

Net profit

7 789 306

6 827 779

6 500 000

6 500 000

Net profit attributable to equity

holders of the group

7 789 306

6 827 779

6 500 000

6 500 000

Financial review

(continued)