Page 54 - Niveus - Integrated report 2013

CONSOLIDATED INCOME STATEMENT
for the year ended 31 march 2013
31
March
2013
R’000
31
March
2012
R’000
Revenue
200 525
6 982
Net gaming win
655 611
417 982
Group revenue
856 136
424 964
Other income
9 023
977
Other operating expenses
(691 316)
(292 873)
EBITDA (earnings before interest, taxes, depreciation and amortisation)
173 843
133 068
Depreciation and amortisation
(71 898)
(47 708)
EBIT (earnings before interest and taxes)
101 945
85 360
Investment income
5 514
559
Finance costs
(16 273)
(21 529)
Share of losses of associates and joint ventures
(14 722)
(2 252)
Gain on bargain purchase
259 781
Profit before taxation
336 245
62 138
Taxation
(30 868)
(20 743)
Profit for the year from continuing operations
305 377
41 395
Discontinued operations
(16 178)
Profit for the year
289 199
41 395
Attributable to:
Equity holders of the parent
290 414
40 323
Non-controlling interests
(1 215)
1 072
289 199
41 395
31
March 2013
R’000
31
March 2012
R’000
Reconciliation of headline earnings
Gross
Net
Gross
Net
Earnings attributable to equity holders of the parent
290 414
40 323
IAS 16 (Gains)/losses on disposal of plant and equipment
238
107
(331)
(238)
IAS 16 Impairment of plant and equipment
2 880
2 074
361
260
IFRS 3 Impairment of goodwill
343
343
IFRS 3 Gain on bargain purchase
(259 781)
(259 781)
IAS 27 Loss from disposal of subsidiary
9 555
9 555
Remeasurements included in equity-accounted earnings of associates
(147)
(147)
Headline profit
42 565
40 345
Niveus Investments Limited integrated Report 2013
50