Condensed consolidated statement of profit or loss

for the six months ended 31 December 2019

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  Note  %
change 
  Unaudited 
31 December 
2019 
Rm 
  Unaudited 
31 December 
2018 
Rm 
Audited1
30 June  
2019  
Rm  
 
Revenue    41 954    39 379  79 711    
Net operating expenses        (39 160)   (36 902) (74 905)   
Earnings before interest, taxation, depreciation and amortisation  2 794    2 477  4 806    
Depreciation and amortisation        (963)   (639) (1 186)   
Operating profit  –    1 831    1 838  3 620    
Profit on sale of properties, net of impairments  –    25  15    
Net foreign exchange losses  (46)   (42) (14)   
Issue of shares at a discount to a broad-based black economic empowerment partner (Ukhamba) and modification of share appreciation rights  –    (160) (160)   
Other non-operating items1  9      (59)   (64) (104)   
Profit before financing costs    1 726    1 597  3 357    
Finance costs  32    (520)   (394) (831)   
Finance income        23    31  57    
Profit before shares of associates and joint ventures  1 229    1 234  2 583    
Share of associates and joint ventures        14    27    
Profit before tax  –    1 243    1 242  2 610    
Income tax expense        (344)   (363) (714)   
Attributable profit for the year      899    879  1 896    
Net profit attributable to:                 
Owners of Motus    895    871  1 868    
Non-controlling interests          28    
        899    879  1 896    
Earnings per share (cents)
Total earnings per share 
– Basic  10    479    436  953    
– Diluted    10    466    425  929    
1 Amortisation of intangible assets arising on business combinations has been re-presented and is now included under other non-operating items. The re-presentation was to further aggregate all non-core operational items. The re-presentation as at 30 June 2019 has not been audited.