Summarised consolidated statement of comprehensive income

for the year ended 29 February 2020

US$'000 Audited
Year ended
February 2020
  Audited
Year ended
February 2019
 
CONTINUING OPERATIONS        
Revenue  4 304 845     4 332 381    
   Continuing operations  4 281 591     4 277 186    
   Revenue from acquisitions  23 254     55 195    
Cost of sales  (3 563 267)    (3 644 637)   
Gross profit  741 578     687 744    
Operating costs  (571 598)    (569 896)   
Net impairment of financial assets  (3 700)    (3 817)   
Restructuring costs  –     (17 506)   
Share-based payments  (7 623)    (9 764)   
Operating profit before interest, tax, depreciation and amortisation             
("EBITDA") 158 657     86 761    
Depreciation of property, plant and equipment  (27 011)    (25 889)   
Depreciation of right-of-use assets  (32 991)    –    
Amortisation of capitalised development expenditure  (3 217)    (972)   
Amortisation of acquired intangible assets and software  (12 901)    (11 477)   
Operating profit  82 537     48 423    
Interest income  14 911     9 568    
Finance costs  (40 785)    (32 145)   
Share of equity-accounted investment losses  (204)    (1 403)   
Acquisition-related fair value adjustments  696     (35)   
Other income  918     62    
Gain/(loss) on disposal of investment  415     (255)   
Profit before taxation  58 488     24 215    
Taxation  (31 809)    (20 959)   
Profit for the year from continuing operations  26 679     3 256    
DISCONTINUED OPERATIONS             
Profit for the year from discontinued operations  1 332     11 694    
Profit for the year  28 011     14 950    
Other comprehensive loss             
Items that may be reclassified subsequently to profit and loss             
Exchange differences arising on translation to presentation currency  (38 184)    (54 735)   
Translation of equity loans net of tax effect  1 104     2 874    
Transfers and other items  978     948    
Total comprehensive loss for the year  (8 091)    (35 963)   
Profit attributable to:             
Owners of the parent  14 239     13 134    
Non-controlling interests  13 772     1 816    
   28 011     14 950    
Total comprehensive loss attributable to:             
Owners of the parent  (17 826)    (30 734)   
Non-controlling interests  9 735     (5 229)   
   (8 091)    (35 963)   
EARNINGS PER SHARE ("EPS") (US CENTS)            
Basic  6.8     5.5    
   Continuing operations  6.2     0.6    
   Discontinued operations  0.6     4.9    
Diluted basic  6.7     5.5    
   Continuing operations  6.1     0.6    
   Discontinued operations  0.6     4.9    


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