Annual Report 2019

Explanatory Notes 30 SEPTEMBER 2019 40. BUSINESS SEGMENTS Finance Investments Group elimination Discontinued operations Total MUR m MUR m MUR m MUR m MUR m Year ended 30 September 2019 Gross operating income 2,153.8 522.7 (478.4) - 2,198.1 Interest expense (432.1) (50.7) 94.6 - (388.2) Net operating income 1,721.7 472.0 (383.8) - 1,809.9 Operating expenses (1,023.6) (508.2) 383.8 - (1,148.0) Operating profit before impairment 698.1 (36.2) - - 661.9 Allowance for credit impairment (155.0) (25.9) - (180.9) Operating profit 543.1 (62.1) - - 481.0 Foreign exchange gain 1.1 3.3 - - 4.4 Share of loss of associates - (32.3) - - (32.3) Profit/(loss) before tax 544.2 (91.1) - - 453.1 Income tax (expense)/credit (112.1) 25.9 - - (86.2) Profit for the year from continuing operations 432.1 (65.2) - - 366.9 Profit for the year from discontinued operations - - - 15.8 15.8 Profit for the year 432.1 (65.2) - 15.8 382.7 Assets 14,934.9 3,533.7 (3,657.8) - 14,810.8 Liabilities 12,715.8 1,577.3 (3,657.8) - 10,635.3 Capital expenditure 323.1 7.7 - - 330.8 Investments in associates - 141.0 - - 141.0 Depreciation & amortisation 161.5 13.3 (1.8) - 173.0 CIM FINANCIAL SERVICES LTD / ANNUAL REPORT 2019 151