Condensed consolidated statement of profit or loss

for the year ended 30 September 2022
Rm Notes 2022 Reviewed 2021 Audited % Change
Revenue 2 11 129 9 575 16
Operating expenses1 (9 903) (8 524) 16
Operating profit before impairment of financial assets: 1 226 1 051 17
Reversal of impairment/(impairment) 5 (1)
Credit write-off 3, 6 (13) (20)
Expected credit losses 3, 6 18 19
Operating profit 3 1 231 1 050 17
Interest and dividend income 4 32 28
Interest expense 5 (84) (70)
Profit before tax 1 179 1 008 17
Tax (293) (265) 11
Profit after tax 886 743 19
Share of (loss)/profit in equity-accounted investees (42) 24
(Loss)/profit net of tax (39) 24
Impairment of investment (3) –
Profit for the year 844 767 10
Profit/(loss) for the year attributable to:
Non-controlling interests 17 (10)
Equity holders of Reunert 827 777
Earnings per share (cents)
Basic 11 520 483 8
Diluted 11 517 481 8

1 Operating expenses is a net amount disclosed for the purpose of reconciling from revenue to operating profit before impairment of financial assets on the statement of profit or loss. The detail of this amount has been disclosed in note 3, Operating profit, where income and expenses are disclosed separately. note 15.