Remgro Ltd
JSE:REM
Income Statement
Earnings Waterfall
Remgro Ltd
Revenue
|
28.8B
ZAR
|
Cost of Revenue
|
-17.2B
ZAR
|
Gross Profit
|
11.6B
ZAR
|
Operating Expenses
|
-10.8B
ZAR
|
Operating Income
|
815m
ZAR
|
Other Expenses
|
2.5B
ZAR
|
Net Income
|
3.3B
ZAR
|
Income Statement
Remgro Ltd
Mar-2003 | Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 212
N/A
|
11 723
+5%
|
11 763
+0%
|
12 022
+2%
|
9 948
-17%
|
8 741
-12%
|
9 802
+12%
|
8 175
-17%
|
7 872
-4%
|
8 995
+14%
|
9 447
+5%
|
9 967
+6%
|
11 455
+15%
|
11 556
+1%
|
11 849
+3%
|
12 468
+5%
|
6 883
-45%
|
13 532
+97%
|
14 521
+7%
|
16 466
+13%
|
21 256
+29%
|
24 621
+16%
|
25 069
+2%
|
25 590
+2%
|
26 735
+4%
|
27 697
+4%
|
27 953
+1%
|
27 600
-1%
|
41 646
+51%
|
31 115
-25%
|
61 431
+97%
|
56 968
-7%
|
58 216
+2%
|
54 732
-6%
|
57 228
+5%
|
65 803
+15%
|
70 082
+7%
|
76 096
+9%
|
61 914
-19%
|
48 151
-22%
|
28 838
-40%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6 783)
|
(7 257)
|
(10 192)
|
(10 332)
|
0
|
(2 537)
|
(4 919)
|
(4 724)
|
(4 781)
|
(5 460)
|
(5 415)
|
(6 069)
|
(7 245)
|
(6 891)
|
(7 099)
|
(7 420)
|
(4 221)
|
(8 517)
|
(9 470)
|
(11 610)
|
(14 351)
|
(15 374)
|
(15 996)
|
(15 267)
|
(15 525)
|
(16 959)
|
(16 081)
|
(16 138)
|
(24 240)
|
(17 814)
|
(35 182)
|
(33 606)
|
(34 873)
|
(32 291)
|
(33 513)
|
(38 387)
|
(41 445)
|
(46 073)
|
(37 847)
|
(29 373)
|
(17 203)
|
|
Gross Profit |
4 429
N/A
|
4 466
+1%
|
1 571
-65%
|
1 690
+8%
|
0
N/A
|
2 845
N/A
|
4 883
+72%
|
3 451
-29%
|
3 091
-10%
|
3 535
+14%
|
4 032
+14%
|
3 898
-3%
|
4 210
+8%
|
4 665
+11%
|
4 750
+2%
|
5 048
+6%
|
2 662
-47%
|
5 015
+88%
|
5 051
+1%
|
4 856
-4%
|
6 905
+42%
|
9 247
+34%
|
9 073
-2%
|
10 323
+14%
|
11 210
+9%
|
10 738
-4%
|
11 872
+11%
|
11 462
-3%
|
17 406
+52%
|
13 301
-24%
|
26 249
+97%
|
23 362
-11%
|
23 343
0%
|
22 441
-4%
|
23 715
+6%
|
27 416
+16%
|
28 637
+4%
|
30 023
+5%
|
24 067
-20%
|
18 778
-22%
|
11 635
-38%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 333)
|
(3 373)
|
(426)
|
(342)
|
(8 861)
|
(5 180)
|
(3 667)
|
(2 446)
|
(2 075)
|
(2 377)
|
(2 981)
|
(2 995)
|
(3 495)
|
(4 010)
|
(3 909)
|
(4 212)
|
(2 109)
|
(4 243)
|
(1 071)
|
(4 441)
|
(6 322)
|
(8 577)
|
(8 158)
|
(8 761)
|
(9 882)
|
(10 226)
|
(11 536)
|
(10 698)
|
(15 905)
|
(12 037)
|
(22 289)
|
(20 080)
|
(20 128)
|
(20 892)
|
(21 842)
|
(22 962)
|
(24 013)
|
(24 958)
|
(21 138)
|
(16 438)
|
(10 820)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
(1 897)
|
(3 400)
|
(2 603)
|
(1 778)
|
(1 302)
|
(1 434)
|
(1 621)
|
(1 621)
|
(1 744)
|
(1 856)
|
(1 939)
|
(2 078)
|
(1 126)
|
(2 405)
|
(2 506)
|
(2 707)
|
(3 283)
|
(3 747)
|
(4 097)
|
(4 276)
|
(4 348)
|
(4 578)
|
(4 809)
|
(4 972)
|
(7 494)
|
(5 641)
|
(9 864)
|
(8 576)
|
(8 699)
|
(8 451)
|
(8 429)
|
(9 251)
|
(9 812)
|
(10 056)
|
(8 353)
|
(6 625)
|
(5 033)
|
|
Depreciation & Amortization |
(372)
|
(412)
|
(426)
|
(342)
|
(262)
|
(284)
|
(293)
|
(255)
|
(223)
|
(242)
|
(251)
|
(249)
|
(271)
|
(288)
|
(290)
|
(295)
|
(166)
|
(354)
|
(376)
|
(428)
|
(521)
|
(592)
|
(610)
|
(607)
|
(661)
|
(727)
|
(753)
|
(748)
|
(1 114)
|
(806)
|
(1 449)
|
(1 299)
|
(1 482)
|
(1 678)
|
(1 701)
|
(1 706)
|
(1 802)
|
(1 887)
|
(1 477)
|
(1 027)
|
(575)
|
|
Other Operating Expenses |
(2 961)
|
(2 961)
|
0
|
0
|
(6 702)
|
(1 496)
|
(771)
|
(413)
|
(550)
|
(701)
|
(1 109)
|
(1 125)
|
(1 480)
|
(1 866)
|
(1 680)
|
(1 839)
|
(817)
|
(1 484)
|
1 811
|
(1 306)
|
(2 518)
|
(4 238)
|
(3 451)
|
(3 878)
|
(4 873)
|
(4 921)
|
(5 974)
|
(4 978)
|
(7 297)
|
(5 590)
|
(10 976)
|
(10 205)
|
(9 947)
|
(10 763)
|
(11 712)
|
(12 005)
|
(12 399)
|
(13 015)
|
(11 308)
|
(8 786)
|
(5 212)
|
|
Operating Income |
1 096
N/A
|
1 093
0%
|
1 145
+5%
|
1 348
+18%
|
1 087
-19%
|
1 024
-6%
|
1 216
+19%
|
1 005
-17%
|
1 016
+1%
|
1 158
+14%
|
1 051
-9%
|
903
-14%
|
715
-21%
|
655
-8%
|
841
+28%
|
836
-1%
|
553
-34%
|
772
+40%
|
3 980
+416%
|
415
-90%
|
583
+40%
|
670
+15%
|
915
+37%
|
1 562
+71%
|
1 328
-15%
|
512
-61%
|
336
-34%
|
764
+127%
|
1 501
+96%
|
1 264
-16%
|
3 960
+213%
|
3 282
-17%
|
3 215
-2%
|
1 549
-52%
|
1 873
+21%
|
4 454
+138%
|
4 624
+4%
|
5 065
+10%
|
2 929
-42%
|
2 340
-20%
|
815
-65%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(45)
|
(51)
|
(39)
|
(40)
|
298
|
645
|
722
|
668
|
460
|
630
|
2 192
|
2 154
|
527
|
274
|
194
|
376
|
1 462
|
4 818
|
117
|
(45)
|
(456)
|
(637)
|
(613)
|
(158)
|
127
|
(347)
|
(745)
|
(565)
|
(597)
|
(146)
|
(304)
|
(45)
|
(307)
|
(973)
|
(1 159)
|
(741)
|
(145)
|
338
|
1 153
|
1 468
|
1 406
|
|
Non-Reccuring Items |
1 221
|
246
|
54
|
60
|
2 215
|
5 256
|
3 165
|
124
|
51
|
51
|
19
|
(68)
|
(442)
|
(361)
|
(179)
|
(69)
|
(28)
|
(295)
|
(71)
|
38
|
(108)
|
22
|
867
|
684
|
(132)
|
(297)
|
212
|
304
|
953
|
4 860
|
4 184
|
(7 171)
|
(6 334)
|
264
|
146
|
1 064
|
1 093
|
153
|
127
|
(550)
|
(4 040)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(730)
|
(63)
|
687
|
821
|
261
|
303
|
(162)
|
(109)
|
(288)
|
(364)
|
(205)
|
(231)
|
45
|
52
|
(19)
|
(53)
|
|
Pre-Tax Income |
2 272
N/A
|
1 288
-43%
|
1 160
-10%
|
1 368
+18%
|
3 600
+163%
|
6 925
+92%
|
5 103
-26%
|
1 797
-65%
|
1 527
-15%
|
1 839
+20%
|
3 262
+77%
|
2 989
-8%
|
800
-73%
|
543
-32%
|
856
+58%
|
1 143
+34%
|
1 987
+74%
|
5 295
+166%
|
4 026
-24%
|
408
-90%
|
19
-95%
|
55
+189%
|
1 169
+2 025%
|
2 088
+79%
|
1 323
-37%
|
(862)
N/A
|
(260)
+70%
|
1 190
N/A
|
2 678
+125%
|
6 239
+133%
|
8 143
+31%
|
(4 096)
N/A
|
(3 535)
+14%
|
552
N/A
|
496
-10%
|
4 572
+822%
|
5 341
+17%
|
5 601
+5%
|
4 261
-24%
|
3 239
-24%
|
(1 872)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(302)
|
(278)
|
(397)
|
(412)
|
(417)
|
(802)
|
(857)
|
(491)
|
(403)
|
(386)
|
(419)
|
(399)
|
(268)
|
(274)
|
(309)
|
(363)
|
(373)
|
(462)
|
(239)
|
(261)
|
(203)
|
(57)
|
(213)
|
(395)
|
(216)
|
21
|
(28)
|
(227)
|
(499)
|
(423)
|
(1 291)
|
(987)
|
(946)
|
(452)
|
(510)
|
(1 135)
|
(1 200)
|
(1 602)
|
(1 083)
|
(832)
|
(370)
|
|
Income from Continuing Operations |
1 970
|
1 010
|
763
|
956
|
3 183
|
6 123
|
4 246
|
1 306
|
1 124
|
1 453
|
2 843
|
2 590
|
532
|
269
|
547
|
780
|
1 614
|
4 833
|
3 787
|
147
|
(184)
|
(2)
|
956
|
1 693
|
1 107
|
(841)
|
(288)
|
963
|
2 179
|
5 816
|
6 852
|
(5 083)
|
(4 481)
|
100
|
(14)
|
3 437
|
4 141
|
3 999
|
3 178
|
2 407
|
(2 242)
|
|
Income to Minority Interest |
(488)
|
(333)
|
(335)
|
(365)
|
(407)
|
(459)
|
(398)
|
(232)
|
(185)
|
(166)
|
(160)
|
(143)
|
(94)
|
(85)
|
(106)
|
(110)
|
(55)
|
(81)
|
(58)
|
(3)
|
53
|
66
|
(84)
|
(206)
|
(219)
|
(45)
|
76
|
(77)
|
(177)
|
(256)
|
(1 170)
|
(433)
|
(400)
|
63
|
(83)
|
(1 505)
|
(1 653)
|
(1 840)
|
(1 733)
|
(1 196)
|
(847)
|
|
Equity Earnings Affiliates |
7 262
|
6 827
|
3 177
|
5 182
|
5 742
|
4 344
|
4 354
|
4 822
|
6 003
|
6 986
|
7 210
|
5 048
|
2 389
|
1 745
|
2 619
|
3 624
|
2 385
|
4 532
|
3 398
|
4 035
|
6 383
|
6 853
|
6 495
|
7 228
|
6 851
|
6 250
|
7 461
|
7 099
|
9 835
|
2 893
|
4 750
|
1 708
|
3 423
|
(2 272)
|
(5 091)
|
1 618
|
4 744
|
10 980
|
9 262
|
3 296
|
394
|
|
Net Income (Common) |
8 744
N/A
|
7 504
-14%
|
3 605
-52%
|
5 773
+60%
|
8 518
+48%
|
10 008
+17%
|
8 202
-18%
|
5 896
-28%
|
6 942
+18%
|
8 273
+19%
|
9 893
+20%
|
11 703
+18%
|
45 330
+287%
|
40 224
-11%
|
3 060
-92%
|
4 294
+40%
|
3 944
-8%
|
9 284
+135%
|
7 127
-23%
|
4 179
-41%
|
6 252
+50%
|
6 917
+11%
|
7 367
+7%
|
8 715
+18%
|
7 739
-11%
|
5 364
-31%
|
7 249
+35%
|
8 431
+16%
|
12 562
+49%
|
8 943
-29%
|
19 240
+115%
|
7 319
-62%
|
1 351
-82%
|
6 646
+392%
|
3 567
-46%
|
3 550
0%
|
7 232
+104%
|
13 139
+82%
|
12 158
-7%
|
9 624
-21%
|
3 279
-66%
|
|
EPS (Diluted) |
16.59
N/A
|
14.57
-12%
|
7.04
-52%
|
10.95
+56%
|
16.93
+55%
|
20.01
+18%
|
16.73
-16%
|
12.13
-27%
|
14.46
+19%
|
17.21
+19%
|
20.57
+20%
|
24.33
+18%
|
94.43
+288%
|
82.42
-13%
|
6
-93%
|
7.92
+32%
|
7.45
-6%
|
17.71
+138%
|
13.6
-23%
|
7.73
-43%
|
11.95
+55%
|
13.01
+9%
|
13.92
+7%
|
16.5
+19%
|
14.66
-11%
|
10.19
-30%
|
13.34
+31%
|
15.21
+14%
|
22.16
+46%
|
15.76
-29%
|
33.97
+116%
|
12.93
-62%
|
2.39
-82%
|
11.76
+392%
|
6.31
-46%
|
6.28
0%
|
12.72
+103%
|
23.28
+83%
|
21.57
-7%
|
17.1
-21%
|
5.91
-65%
|