Annual
Results
for the year ended
30 June
2022
RE-IMAGINING
THE HEALTHCARE
SYSTEM
THE HEALTHCARE
SYSTEM
| % change |
Year ended 30 June 2022 R'000 |
Year ended 30 June 2021 R'000 |
|
| Healthcare services revenue | 12.7 | 4 319 439 | 3 834 256 |
|---|---|---|---|
| Healthcare services operating costs | 16.2 | (3 611 064) | (3 108 650) |
| Healthcare services operating profit | (2.4) | 708 375 | 725 606 |
| Healthcare retail revenue | 3.8 | 4 403 131 | 4 240 162 |
| Healthcare retail cost of sales | 4.4 | (3 589 621) | (3 438 009) |
| Healthcare retail operating costs | (3.7) | (477 243) | (495 589) |
| Healthcare retail operating profit | 9.7 | 336 267 | 306 564 |
| Total healthcare operating profit (excluding lease reversals) | 1.2 | 1 044 642 | 1 032 170 |
| IFRS 16: Lease reversals | (10.4) | 77 486 | 86 456 |
| Total healthcare operating profit (including lease reversals) | 0.3 | 1 122 128 | 1 118 626 |
| Profit on sale of investment | — | 1 314 | |
| Fair value gains/(losses) | 6 369 | (6 307) | |
| Other income | 563 | 1 747 | |
| Impairment of assets and loans | (3 203) | (10 378) | |
| Scrapping of intangible assets | (635) | (26 793) | |
| Net finance and investment income | (61 317) | (36 498) | |
| – Finance and investment income | 15 086 | 20 595 | |
| – Finance costs: Lease liabilities | (19 354) | (21 420) | |
| – Finance costs | (57 049) | (35 673) | |
| Share-based payment expense | (13 848) | (10 694) | |
| Share of profits from associates and joint ventures | 6 991 | 8 294 | |
| Profit before depreciation and amortisation | 1.7 | 1 057 048 | 1 039 311 |
| Depreciation | 11.6 | (87 299) | (78 202) |
| Right of use assets depreciation | (4.9) | (63 287) | (66 564) |
| Amortisation of intangible assets | 18.6 | (231 269) | (195 027) |
| Profit before taxation | (3.5) | 675 193 | 699 518 |
| Taxation expense | (6.0) | (193 453) | (205 741) |
| Profit for the year from continuing operations | (2.4) | 481 740 | 493 777 |
| Loss from discontinued operations | — | (14 008) | |
| Loss on disposal of subsidiary | — | (10 014) | |
| Profit for the year | 2.6 | 481 740 | 469 755 |
| Other comprehensive loss | 1 501 | 6 151 | |
| Comprehensive net income for the year | 1.5 | 483 241 | 475 906 |
| Attributable to: | |||
| Equity holders of the Parent | 315 341 | 310 655 | |
| Non-controlling interest | 167 900 | 165 251 | |
| 483 241 | 475 906 |