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AfroCentric INTEGRATED ANNUAL REPORT 2016
60
CONSOLIDATED PROFIT STATEMENT
Audited year ended 30 June
% change
2016
R’000
2015
R’000
2014
R’000
2013
R’000 2016/15 2015/14 2014/13
Healthcare service revenue
2 399 669
2 098 312 1 958 260 1 770 330
14.3
7.2
10.6
Healthcare service operating costs
(2 055 514)
(1 726 240) (1 601 903) (1 436 673)
Healthcare service operating profit
344 155
372 072
356 357
333 657
(7.5)
4.4
6.8
Healthcare retail revenue
748 477
Healthcare retail cost of sales
(588 204)
Healthcare retail gross profit
160 273
Healthcare retail operating costs
(128 067)
Total healthcare operating profit
376 361
372 072
356 357
333 657
1.2
4.4
6.8
Other income
–
–
–
2 307
Net finance and investment income
54 924
18 802
17 699
13 420
Impairment of assets
(21 469)
(36 697)
(36 900)
7 253
Profit on sale of investment
–
–
–
51 014
Share of associate (losses)/profits
10 118
19 037
4 343
(21 477)
Share-based payment expense
(6 444)
(9 395)
(10 765)
(39 868)
Profit before impairment and
amortisation
413 490
363 819
330 735
346 306
13.6
10.0
(4.4)
Depreciation
(38 011)
(35 727)
(40 475)
(37 251)
Amortisation of intangible assets
(79 332)
(48 734)
(43 907)
(40 098)
Profit before income taxation
296 147
279 358
246 353
268 957
6.0
13.4
(8.4)
RESULTS AT A GLANCE (continued)
for the year ended 30 June 2016
Total healthcare operating
profit (R’million)
2016
2015
2014
2013
376
372
356
334
Profit before impairment and
amortisation (R’million)
Profit before income tax
(R’million)
2016
2015
2014
2013
413
364
378
323
2016
2015
2014
2013
296
279
246
269