Page 39 - annualreport2020

AFRICAN DAWN ANNUAL REPORT 2020

Statement of Profit or Loss and Other Comprehensive Income

Group Company
Notes 2020 2019 2020 2019
Restated
R’000 R’000 R’000 R’000
Operations
Revenue 17 12,035 13,335 - 95
Other income 18 333 638 20 98
Investment income 20 4 4 - 1
Loss on sale of subsidiary 9 - (181) - -
Bad debts written off* (721) (1,157) (330) -
Impairment trade and other receivables* 28 (2,104) (1,249) - -
Impairment trade and other receivables reversed* 28 1,052 - - -
Impairment group loans* 7 - - (5,273) (5)
Impairment group loans reversed* 7 - - 826 693
Impairment of investments* 5 - - (1,555) -
Employee cost including non-executive directors fees* (7,804) (8,192) (622) (623)
Depreciation on property, plant and equipment* 3 (727) (59) (10) (20)
Finance costs 21 (1,201) (1,505) (126) (580)
Other operating expenses 19 (11,212) (11,017) (2,852) (3,582)
Operating loss before taxation (10,345) (9,383) (9,922) (3,923)
Taxation 22 - (10) - -
Loss from continuing operations (10,345) (9,393) (9,922) (3,923)
Total comprehensive loss for the year (10,345) (9,393) (9,922) (3,923)
Loss attributable to:
Owners of the parent: (10,345) (9,393) - -
Loss per share from operations
Basic and diluted loss per share (c) (20.6) (33.5)

* These amounts were reclassified from operating expenses as the items are material nature. The reallocation did not have an impact on the
operating loss as disclosed.

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