Statement of comprehensive income
| Audited 12 months 30 June 2015 R000 |
Audited 12 months 30 June 2014 R000 |
||||
| Revenue | 2 703 034 | 2 514 779 | |||
| Investment property income | 2 642 949 | 2 432 459 | |||
| Straight-line rental income accrual | 60 085 | 45 055 | |||
| Listed property securities income | 37 265 | ||||
| Property expenses | (887 918) | (837 822) | |||
| Net property income | 1 815 116 | 1 676 957 | |||
| Other operating expenses | (64 611) | (82 480) | |||
| Operating income | 1 750 505 | 1 594 477 | |||
| Net interest | (351 647) | (394 721) | |||
| Received | 157 344 | 65 645 | |||
| Paid | (508 991) | (460 366) | |||
| Net operating income | 1 398 858 | 1 199 756 | |||
| Change in fair value | 2 426 584 | 1 532 852 | |||
| Investment property | 2 467 113 | 1 655 897 | |||
| Straight-line rental income accrual | (60 085) | (45 055) | |||
| Listed property securities (on disposal) | (82 266) | ||||
| Derivative instruments | 19 556 | 4 276 | |||
| (Loss)/profit on disposal | (5 768) | 190 760 | |||
| Investment in subsidiary | (30 011) | ||||
| Investment property | 24 243 | 4 460 | |||
| Associate | 17 431 | ||||
| Listed property securities | 168 869 | ||||
| Amortisation of debenture premium | 102 806 | ||||
| Gain on bargain purchase (African Land) | 102 895 | ||||
| Impairment of goodwill | (4 280) | (7 779) | |||
| Income before debenture interest | 3 815 394 | 3 121 290 | |||
| Debenture interest | (1 147 443) | ||||
| Net income before equity-accounted investments | 3 815 394 | 1 973 847 | |||
| Share of loss from joint ventures | (17 447) | ||||
| Share of income from associate | 652 | 462 | |||
| Profit before taxation | 3 798 599 | 1 974 309 | |||
| Taxation | (19 023) | (17 719) | |||
| Profit for the year | 3 779 576 | 1 956 590 | |||
| Other comprehensive income | |||||
| Exchange differences on translation of foreign operations | 5 329 | 8 894 | |||
| Total comprehensive income for the year | 3 784 905 | 1 965 484 | |||
| Total profit for the year attributable to: | |||||
| Shareholders of the company | 3 779 576 | 1 948 487 | |||
| Non-controlling interests | 8 103 | ||||
| Profit for the year | 3 779 576 | 1 956 590 | |||
| Total comprehensive income attributable to: | |||||
| Shareholders of the company | 3 784 905 | 1 956 248 | |||
| Non-controlling interests | 9 236 | ||||
| Total comprehensive income for the year | 3 784 905 | 1 965 484 |