Group income statement
for the year ended 31 December 2008
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December 2008 |
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December 2007 |
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Notes |
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Rm |
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Rm |
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Revenue |
2 |
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102 526 |
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73 145 |
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Direct network operating costs |
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(14 140) |
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(8 525) |
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Costs of handsets, SIMs and vouchers |
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(5 985) |
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(5 524) |
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Interconnect and roaming |
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(13 217) |
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(9 997) |
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Employee benefits |
3 |
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(4 776) |
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(3 379) |
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Selling, distribution and marketing expenses |
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(13 274) |
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(9 071) |
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Other operating expenses |
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(7 743) |
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(4 592) |
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Impairment of property, plant and equipment |
8 |
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(225) |
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(212) |
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Depreciation |
8 |
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(9 939) |
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(6 774) |
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Amortisation of intangible assets |
9 |
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(2 820) |
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(2 199) |
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Operating profit |
3 |
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30 407 |
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22 872 |
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Finance income |
4 |
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6 727 |
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1 780 |
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Finance costs |
5 |
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(8 644) |
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(4 953) |
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Share of results of associates after tax |
10 |
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8 |
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Profit before tax |
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28 490 |
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19 707 |
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Income tax expense |
6 |
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(11 355) |
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(7 791) |
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Profit after tax |
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17 135 |
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11 916 |
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Attributable to: |
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Equity holders of the Company |
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15 315 |
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10 608 |
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Minority interests |
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1 820 |
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1 308 |
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17 135 |
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11 916 |
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Basic earnings per share (cents) |
7 |
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821,0 |
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569,9 |
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Diluted earnings per share (cents) |
7 |
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806,1 |
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559,2 |
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Dividend per share (cents) |
7 |
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136,0 |
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90,0 |
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The notes are an integral part of these consolidated financial statements.
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