Consolidated statement of cash flows

	Note	2016 R’000	2015 R’000
Revenue	2	135 537 531	109 803 524
Cost of revenue		(107 470 732)	(87 697 720)
Gross profit		28 066 799	22 105 804
Operating expenses		(23 233 908)	(18 426 144)
Sales and distribution expenses		(17 367 564)	(13 585 270)
Administration expenses		(3 503 102)	(2 754 363)
Other expenses		(2 363 242)	(2 086 511)

Trading profit		4 832 891	3 679 660
Share-based payment expense		(48 653)	(57 181)
Acquisition costs		(8 947)	(43 611)
Net capital items	3	(148 773)	22 531
Operating profit	3	4 626 518	3 601 399
Net finance charges	4	(223 779)	(240 790)
Finance income		66 846	29 173
Finance charges		(290 625)	(269 963)
Share of profit of associates		26 386	15 634
Dividends received		23 467	–
Share of current year earnings		2 919	15 634

Profit before taxation		4 429 125	3 376 243
Taxation	5	(1 109 081)	(849 794)
Profit for the year		3 320 044	2 526 449
Attributable to
Shareholders of the company		3 279 576	2 514 858
Non-controlling interests		40 468	11 591
		3 320 044	2 526 449
Basic earnings per share (cents)	6	3 979,8	24 899 584,2
Headline earnings per share (cents)	6	4 154,0	24 748 901,0
Dividends per share (cents)		241,0	–