38 / 108
Key financial tables
continued
Selected financial results information
Commentary
2017
Rm
2016
Rm
% change
reported
% change
constant
currency*
Revenue
132 815
147 920
(10,2)
6,8
Service revenue
124 409
139 430
(10,8)
7,2
EBITDA
46 955
40 751
15,2
2,5
Depreciation,
amortisation and
impairment of goodwill
26 398
26 609
(0,8)
13,4
EBIT
20 557
14 142
45,4
(8,2)
Net finance cost
9 267
10 495
(11,7)
(0,9)
Loss on derecognition
of loans and
receivables
2 840
– 100,0
–
Monetary gain
264
1 723
(84,7)
–
Share of results from
associates and JVs
841
(127)
NM NM
Profit before tax
9 555
5 243
82,2
(22,9)
Income tax expense
5 014
8 346
(39,9)
(18,5)
Profit after tax
4 541
(3 103)
NM (26,2)
Attributable to:
Equity holders of the
company
4 414
(2 614)
NM (100,0)
Non-controlling
interests
127
(489)
NM (18,7)
EPS (cents)
246
(144)
NM
HEPS (cents)
182
(77)
NM
This information has been extracted from the MTN Group Limited financial results for the year ended
31 December 2017.
Data (34,2%*) and digital
(14,2%*) are the main
contributors to the constant
currency growth. Voice trends
continue to decline (-0,2%*).
Dollar-denominated lease
costs in Nigeria driving up
costs and directly impacting
EBITDA.
Exercise of IHS exchange
right resulting in lower
losses in 2017, offset by
lower income from Iran.
Overall share of results
remain positive.
2016 numbers were
impacted by the Nigerian
regulatory fine.
Loss recognised on
derecognition of the loan
receivable from IHS.
36
MTN Group Limited
Integrated Report 2017