CFSL - Annual report 2018

EXPLANATORY NOTES 30 SEPTEMBER 2018 40. BUSINESS SEGMENTS Finance Property Investments Group elimination Total MUR m MUR m MUR m MUR m MUR m Year ended 30 September 2018 Gross operating income 1,757.0 214.6 258.5 (265.8) 1,964.3 Interest expense (351.1) (15.6) (111.6) 96.3 (382.0) Net operating income 1,405.9 199.0 146.9 (169.5) 1,582.3 Operating expenses (737.9) (103.6) (259.5) 169.5 (931.5) Operating profit before impairment 668.0 95.4 (112.6) - 650.8 Net impairment of financial assets (213.3) - (1.6) - (214.9) Operating profit 454.7 95.4 (114.2) - 435.9 Foreign exchange gain/(loss) 0.4 - (9.7) - (9.3) Net gain on business combination - - 29.5 - 29.5 Share of loss of associates - - (14.7) - (14.7) Profit/(loss) before tax 455.1 95.4 (109.1) - 441.4 Income tax (expense)/credit (76.3) (16.7) 3.7 - (89.3) Profit for the year 378.8 78.7 (105.4) - 352.1 Assets 12,633.0 2,930.5 4,573.6 (2,624.4) 17,512.7 Liabilities 10,720.0 1,037.9 1,733.3 (2,624.4) 10,866.8 Capital expenditure 97.3 52.4 22.8 - 172.5 Investments in associates - - 177.5 - 177.5 Depreciation & amortisation 71.5 6.9 8.2 - 86.6 133 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018