Summary consolidated statement of comprehensive incomefor the year ended 28 February 2023
| US$'000 | Audited Year ended 28 February 2023 |
Audited Re-presented^ Year ended 28 February 2022 |
||
| Continuing operations | ||||
| Revenue* | 5 143 125 | 4 546 398 | ||
| Cost of sales | (4 398 618) | (3 816 630) | ||
| Gross profit | 744 507 | 729 768 | ||
| Operating costs | (573 986) | (568 948) | ||
| Net impairment of financial assets | (4 477) | (1 898) | ||
| Restructuring costs | (15 157) | – | ||
| Share-based payments | (52 641) | (15 465) | ||
| Operating profit before interest, tax, depreciation and amortisation ("EBITDA") | 98 246 | 143 457 | ||
| Depreciation of property, plant and equipment | (16 298) | (17 505) | ||
| Depreciation of right-of-use assets | (28 565) | (31 741) | ||
| Amortisation of capitalised development expenditure | (9 058) | (7 432) | ||
| Amortisation of acquired intangible assets and software | (14 213) | (11 804) | ||
| Impairment of property, plant and equipment, right-of-use assets and capitalised development expenditure | (11 620) | – | ||
| Operating profit | 18 492 | 74 975 | ||
| Interest income | 8 484 | 2 264 | ||
| Finance costs | (46 574) | (33 315) | ||
| Share of equity-accounted investment earnings/(losses) | 882 | (427) | ||
| Acquisition-related fair value adjustments | 38 | 567 | ||
| Other income/(expenses) | 21 | (27) | ||
| Loss on disposal of investments | (1 392) | – | ||
| (Loss)/profit before taxation | (20 049) | 44 037 | ||
| Taxation | (13 375) | (9 470) | ||
| (Loss)/profit for the year from continuing operations | (33 424) | 34 567 | ||
| Discontinued operations | ||||
| Profit for the year from discontinued operations | 116 967 | 5 766 | ||
| Profit for the year | 83 543 | 40 333 | ||
| Other comprehensive (loss)/income | ||||
| Items that may be reclassified subsequently to profit or loss | (10 539) | (4 986) | ||
| Exchange differences arising on translation to presentation currency | (18 256) | (3 664) | ||
| Translation of equity loans net of tax effect | 1 800 | (627) | ||
| Recycling of reserves due to loss of control and other items | 5 917 | (695) | ||
| Total comprehensive income for the year | 73 004 | 35 347 | ||
| Profit attributable to: | ||||
| Owners of the parent | 80 334 | 33 902 | ||
| Continuing operations | 74 804 | 29 109 | ||
| Discontinued operations | 5 530 | 4 793 | ||
| Non-controlling interests | 3 209 | 6 431 | ||
| Continuing operations | 1 687 | 5 458 | ||
| Discontinued operations | 1 522 | 973 | ||
| 83 543 | 40 333 | |||
| Total comprehensive income attributable to: | ||||
| Owners of the parent | 70 623 | 25 249 | ||
| Non-controlling interests | 2 381 | 10 098 | ||
| 73 004 | 35 347 | |||
| Earnings/(loss) per share ("EPS") (US cents) | ||||
| Basic | 36.9 | 16.7 | ||
| Continuing operations | (16.1) | 14.3 | ||
| Discontinued operations | 53.0 | 2.4 | ||
| Diluted basic | 36.9 | 16.2 | ||
| Continuing operations | (16.1) | 13.9 | ||
| Discontinued operations | 53.0 | 2.3 | ||
| * | Included in revenue is US$12.6 million of revenue (FY22: US$25.4 million) from acquisitions in the current year from the date of control. |
| ^ | The prior year has been re-presented to show comparative results from discontinued operations in accordance with IFRS 5. |
