Summary Group income statement for the year ended 31 December 2025


   Note  2025 
Rm
 
2024 
Restated1
Rm 
Revenue  7  226 707  188 001 
Other income     48  585 
Direct network and technology operating costs  7  (37 560) (35 957)
Costs of handsets and other accessories     (8 894) (11 209)
Interconnect and roaming costs     (8 222) (9 512)
Staff costs     (16 670) (14 067)
Selling, distribution and marketing expenses  7  (28 890) (24 138)
Government and regulatory costs     (8 407) (7 444)
Impairment and write-down of trade receivables and contract assets     (1 804) (2 528)
Loss on disposal of subsidiaries     —  (653)
Other operating expenses     (15 195) (11 912)
Depreciation of property, plant and equipment     (21 085) (20 389)
Depreciation of right-of-use assets     (10 359) (8 819)
Amortisation of intangible assets     (7 580) (6 368)
Impairment loss of goodwill     —  (437)
Impairment loss on remeasurement of non-current assets held for sale     —  (146)
Impairment loss on MTN Sudan's non-current assets  17  (2 606) (11 722)
Finance income  8  3 121  2 417 
Finance costs  8  (19 979) (18 702)
Net foreign exchange gains/(losses) 8  313  (18 879)
Net monetary gain     1 336  3 071 
Share of results of associates and joint ventures after tax  9  3 152  4 735 
Profit/(loss) before tax     47 426  (4 073)
Income tax expense     (20 025) (6 841)
Profit/(loss) after tax     27 401  (10 914)
Attributable to:          
Equity holders of the Company     20 262  (9 369)
Non-controlling interests     7 139  (1 545)
      27 401  (10 914)
Basic earnings per share (cents) 10  1 113  (519)
Diluted earnings per share (cents) 10  1 101  (519)
1 Restated, refer to note 19 for details on the restatement.