Summary group income statement
for the year ended 31 December 2020
View as excel [XLS - 36KB]
| Note | 2020 Rm |
2019 Restated1 Rm |
||
| Revenue | 8 | 179 361 | 151 460 | |
|---|---|---|---|---|
| Other income | 99 | 471 | ||
| Direct network and technology operating costs | (28 208) | (22 121) | ||
| Costs of handsets and other accessories | (11 093) | (11 929) | ||
| Interconnect and roaming costs | (10 992) | (9 897) | ||
| Staff costs | (12 741) | (10 597) | ||
| Selling, distribution and marketing expenses | (21 158) | (18 574) | ||
| Government and regulatory costs | (6 823) | (5 695) | ||
| Impairment and write-down of trade receivables and contract assets | (2 169) | (729) | ||
| Other operating expenses | (9 584) | (9 199) | ||
| Depreciation of property, plant and equipment | (22 704) | (21 492) | ||
| Depreciation of right-of-use assets | (7 204) | (5 828) | ||
| Amortisation of intangible assets | (5 743) | (5 138) | ||
| Impairment of goodwill and investment in joint venture | 9 | (1 065) | (342) | |
| Gain on disposal/dilution of investment in joint ventures and associates2 | 6 129 | 1 039 | ||
| Impairment loss on remeasurement of non-current assets held for sale | (1 510) | – | ||
| Operating profit | 44 595 | 31 429 | ||
| Net finance costs | 10 | (18 233) | (15 184) | |
| Net monetary gain | 1 582 | 787 | ||
| Share of results of associates and joint ventures after tax | 11 | 1 142 | 705 | |
| Profit before tax | 29 086 | 17 737 | ||
| Income tax expense | (9 439) | (6 908) | ||
| Profit after tax | 19 647 | 10 829 | ||
| Attributable to: | ||||
| Equity holders of the company | 17 022 | 9 100 | ||
| Non-controlling interests | 2 625 | 1 729 | ||
| 19 647 | 10 829 | |||
| Basic earnings per share (cents) | 12 | 946 | 506 | |
| Diluted earnings per share (cents) | 12 | 936 | 498 |
| 1 | Restated for change in accounting policy, refer note 23 for details of restatements. |
| 2 | Gain on disposal/dilution of investment in joint ventures and associates was included in other income in 2019 and has been disaggregated in 2020 and comparative numbers have been re-presented accordingly. |