82 / 170
2016
R’000
2015
R’000
3.
OPERATING PROFIT
(continued)
Net expense related to post-retirement obligations for current service costs
91 318
76 574
Defined benefit pension plans
87 983
70 812
Defined benefit early retirement plan
3 335
5 762
Share-based payment expense
48 653
57 181
Staff costs excluding directors’ emoluments and employer contributions
11 811 251
9 487 144
Fees for administrative, managerial and technical services
23 119
38 043
The Bidvest Group Limited pre-unbundling
23 119
27 887
Other
–
10 156
Foreign exchange losses (gains) on forward exchange contracts
52 859
(22 069)
Other foreign exchange gains
(14 775)
(71 620)
Realised
(10 633)
(64 151)
Unrealised
(4 142)
(7 469)
Net capital profit
#
(26 282)
(140 817)
Net loss (profit) on disposal of property, plant and equipment
4 256
(139 444)
Net loss on disposal of intangible assets
5 280
–
Net profit on disposal of interests in subsidiaries and associates, and disposal and closure of
businesses
(35 818)
(1 373)
Operating lease charges
1 425 206
1 002 147
Land and buildings
775 969
554 193
Equipment and vehicles
649 237
447 954
Impairment of associate
#
10 699
–
Impairment of available-for-sale investment
#
119 076
–
#
Items above included as capital items on consolidated statement of profit or loss
148 773
(22 531)
Notes to the consolidated financial statements
for the year ended June 30
Page 78
| Bidcorp Limited Annual integrated report 2016