Summarised consolidated statement of comprehensive income

for the year ended 30 September

        2019
R million
  Restated*
2018 
R million 
 
CONTINUING OPERATIONS                 
Revenue           14 642.4     15 963.3    
Raw materials and consumables used           (8 128.6)    (8 689.3)   
Employee benefit expense           (2 316.1)    (2 522.0)   
Depreciation and amortisation expense           (485.3)    (530.5)   
Other operating expenses           (2 550.9)    (2 745.5)   
Other operating income           129.6     98.7    
Operating profit before items below           1 291.1     1 574.7    
Net impact of devaluation in Zimbabwe           (1 037.3)    –    
   Net foreign exchange losses in Zimbabwe operations           (1 944.5)    –    
   Monetary adjustment for hyperinflation – Zimbabwe           831.5     –    
   Gain on recognition of Reserve Bank of Zimbabwe financial instrument           794.5     –    
   Expected credit loss provision on Reserve Bank of Zimbabwe financial instrument           (718.8)    –    
Operating profit           253.8     1 574.7    
Finance costs           (376.2)    (465.2)   
Finance income           129.9     240.9    
Share of net (loss)/profits in associates and joint venture           (1.4)    5.8    
Profit before tax           6.1     1 356.2    
Income tax expense           (395.8)    (139.5)   
(Loss)/profit for the year from continuing operations           (389.7)    1 216.7    
DISCONTINUED OPERATIONS                 
Loss for the year from discontinued operations           (1 123.9)    (647.6)   
(Loss)/profit for the year           (1 513.6)    569.1    
Other comprehensive (expense)/income for the year, net of tax                 
Items that will not be reclassified to profit or loss                 
Net actuarial (loss)/gain from retirement benefit obligations           (14.7)    34.4    
Items that may be reclassified to profit or loss                 
Exchange (loss)/gain on translation of foreign operations           (713.2)    217.4    
(Loss)/gain on cash flow hedges           (65.9)    51.7    
Other comprehensive (expense)/income for the year, net of tax           (793.8)    303.5    
Total comprehensive (expense)/income for the year           (2 307.4)    872.6    
(Loss)/profit attributable to:                 
Owners of Nampak Limited           (851.6)    489.2    
Non–controlling interests in subsidiaries           (662.0)    79.9    
Total           (1 513.6)    569.1    
Total comprehensive (expense)/income attributable to:                 
Owners of Nampak Limited           (1 132.9)    769.9    
Non–controlling interests in subsidiaries           (1 174.5)    102.7    
Total           (2 307.4)    872.6    
Earnings/(loss) per share                 
Basic (cents per share)                 
Continuing operations           42.2     176.7    
Discontinued operations           (174.3)    (100.7)   
Total           (132.1)    76.0    
Diluted (cents per share)                      
Continuing operations           42.0     175.9    
Discontinued operations           (173.5)    (100.2)   
Total           (131.5)    75.7    

* Comparatives restated for the impact of Nampak Plastics Europe Limited being recognised as a discontinued operation during the year.