Consolidated summary in other currencies#

FOR THE YEAR ENDED 30 SEPTEMBER

   US Dollar  Pound Sterling 
   2020 
$m		 2019* 
$m		 2020 
£m		 2019* 
£m
INCOME STATEMENT             
CONTINUING OPERATIONS             
Revenue  3 054  4 207  2 382  3 295 
Operating profit before items listed below  315  458  246  358 
Impairment losses on financial assets and contract assets  (18) (5) (14) (4)
Depreciation  (164) (167) (128) (131)
Amortisation of intangible assets  (8) (8) (7) (6)
Operating profit before B-BBEE transaction charge  125  278  97  217 
B-BBEE transaction charge  (15) (5) (11) (4)
Operating profit  110  273  86  213 
Fair value adjustments on financial instruments  (21) 2  (16) 1 
Finance costs  (78) (79) (61) (62)
Income from investments  10  14  7  11 
Profit before non-operating and capital items  21  210  16  163 
Non-operating and capital items  (117) 5  (91) 4 
(Loss)/profit before taxation  (96) 215  (75) 167 
Taxation  (55) (59) (43) (47)
(Loss)/profit before taxation  (151) 156  (118) 120 
(Loss)/income from associates and joint ventures  (3) 16  (2) 13 
(Loss)/profit for the year from continuing operations  (154) 172  (120) 133 
DISCONTINUED OPERATIONS              
Profit from discontinued operations     2     2 
Net profit  (154) 174  (120) 135 
Attributable to:             
Owners of Barloworld Limited  (152) 170  (119) 133 
Non-controlling interests in subsidiaries  (2) 4  (1) 2 
Net profit  (154) 76.9  (120) 135 
Headline earnings continuing operations  (16.4) 77  (12.8) 60.2 
Earnings per share continuing operations (cents) (76.0) 79.3  (59.3) 62.1 
Ordinary dividends per share (cents)    32.3     25.3 
STATEMENT OF FINANCIAL POSITION             
Assets             
Property, plant and equipment  734  796  568  646 
Right-of-use assets  97     75    
Goodwill and intangible assets  179  215  138  174 
Investment in associates, joint ventures and other non-current assets  157  206  122  167 
Deferred taxation assets  61  51  47  41 
Non-current assets  1 228  1 268  950  1 028 
Current assets  1 641  1 837  1 270  1 491 
Assets classified as held for sale  2  22  1  18 
Total assets  2 871  3 127  2 221  2 537 
Equity and liabilities             
Capital and reserves             
Share capital and premium  (67) 29  (52) 24 
Reserves and retained income  894  1 232  691  999 
Non-distributable reserves – foreign currency translation  343  298  265  242 
Interest of shareholders of Barloworld Limited  1 170  1 559  904  1 265 
Non-controlling interest  15  18  11  15 
Interest of all shareholders  1 185  1 577  915  1 280 
Non-current liabilities  675  523  522  425 
Deferred taxation liabilities  48  38  37  31 
Non-current liabilities  627  485  485  384 
Current liabilities  1 011  1 022  784  828 
Liabilities directly associated with assets classified as held for sale     5     4 
Total equity and liabilities  2 871  3 127  2 221  2 537 
STATEMENT OF CASH FLOWS             
Cash inflow from operations  218  259  170  203 
Dividends paid (including non-controlling interest) (69) (74) (54) (58)
Net cash retained from operating activities  149  185  116  145 
Net cash used in investing activities  (182) (45) (142) (35)
Net cash from financing activities  (47) (200) (37) (156)
Net decrease in cash and cash equivalents  (80) (60) (63) (47)
Exchange rates used:             
Balance sheet – closing rate (rand) 16.68  15.16  21.56  18.68 
Income statement and cash flow statement – average rate (rand) 16.27  14.31  20.86  18.27 
# These schedules are provided for convenience purposes only. The presentation currency used for the financial statements and notes is South African Rand.
* The restatement is due to Avis fleet no longer being classified as a discontinued operation and the restatement of impairment losses on financial assets and contract assets.