Summarised consolidated statement of comprehensive income
| 12 months 30 June 2018 R000 |
12 months 30 June 2017 R000 |
|||
|---|---|---|---|---|
| Revenue | 3 113 713 | 3 167 649 | ||
| Investment property income | 3 117 560 | 3 128 062 | ||
| Straight-line rental income accrual | (3 847) | 39 587 | ||
| Property expenses | (1 049 892) | (1 073 877) | ||
| Net property income | 2 063 821 | 2 093 772 | ||
| Other operating expenses | (55 778) | (78 232) | ||
| Operating income | 2 008 043 | 2 015 540 | ||
| Net interest | (282 273) | (336 502) | ||
| Received | 312 550 | 294 177 | ||
| Paid | (594 823) | (630 679) | ||
| Net operating income | 1 725 770 | 1 679 038 | ||
| Other income | 46 671 | 36 931 | ||
| Dividends | 182 778 | 146 350 | ||
| Change in fair value | 767 052 | 973 270 | ||
| Investment property | 646 359 | 1 181 786 | ||
| Straight-line rental income accrual | 3 847 | (39 587) | ||
| Financial asset – right to receive dividends | 87 761 | (163 855) | ||
| Derivative instruments | 29 085 | (5 074) | ||
| Profit/(loss) on disposal | 2 697 | (526) | ||
| Investment in subsidiary | (2 557) | |||
| Investment property | 2 697 | 2 031 | ||
| Impairment of loan from joint ventures | (166 441) | (25 377) | ||
| Impairment of goodwill | (18 134) | |||
| (Impairment)/reversal of impairment of joint venture | (10 102) | 10 102 | ||
| Derecognition of financial guarantee | 11 984 | |||
| Net income before equity-accounted investments | 2 560 409 | 2 801 654 | ||
| Share of loss from joint ventures | (50 380) | |||
| Profit before taxation | 2 560 409 | 2 751 274 | ||
| Taxation | (39 486) | (4 340) | ||
| Profit for the year | 2 520 923 | 2 746 934 | ||
| Other comprehensive income | ||||
| Items that may be reclassified subsequently to profit or loss (net of taxation) | ||||
| Exchange differences on translation of foreign operations | 15 471 | (27 623) | ||
| Total comprehensive income for the year | 2 536 394 | 2 719 311 | ||
| Total profit for the year attributable to: | ||||
| Shareholders of the company | 2 529 466 | 2 767 652 | ||
| Non-controlling interests | (8 543) | (20 718) | ||
| Profit for the year | 2 520 923 | 2 746 934 | ||
| Total comprehensive income attributable to: | ||||
| Shareholders of the company | 2 540 374 | 2 755 272 | ||
| Non-controlling interests | (3 980) | (35 961) | ||
| Total comprehensive income for the year | 2 536 394 | 2 719 311 |