92 C I M F I N A N C I A L S E R V I C E S L T D Statements of Profit or Loss 30 SEPTEMBER 2021 GROUP COMPANY Notes Sep-21 MUR m Sep-20 MUR m Sep-21 MUR m Sep-20 MUR m Interest income 5(a) 1,929.2 1,714.7 1,916.5 199.8 Interest expense 5(b) (396.1) (431.4) (395.5) (138.8) Net interest income 1,533.1 1,283.3 1,521.0 61.0 Lending and agency related income 6 596.1 644.8 582.1 - Investment income - - - 140.0 Other income 7 129.9 153.9 125.0 - Non interest income 726.0 798.7 707.1 140.0 Net operating income 2,259.1 2,082.0 2,228.1 201.0 Operating expenses Employee benefit expense 8 (606.0) (600.1) (570.4) (13.1) Depreciation 22/23 (174.8) (189.1) (173.3) - Amortisation 24 (37.5) (33.3) (32.8) (0.1) Other operating expenses 9 (390.9) (353.6) (372.7) (19.6) (1,209.2) (1,176.1) (1,149.2) (32.8) Profit before impairment 1,049.9 905.9 1,078.9 168.2 Net impairment losses on financial assets 10 (540.0) (652.6) (534.8) (16.2) Impairment of subsidiaries and associates 20/21 - - - (22.6) (540.0) (652.6) (534.8) (38.8) Profit after impairment 509.9 253.3 544.1 129.4 Foreign exchange gain 5.4 0.9 7.0 - Net gain on derecognition of subsidiaries - 13.5 - - Share of results of associates 21 (3.8) 0.5 - - Profit before tax 511.5 268.2 551.1 129.4 Income tax expense 11(a) (94.4) (77.4) (94.1) (8.8) Profit for the year 417.1 190.8 457.0 120.6 Basic and diluted earnings per share (MUR) 31 0.61 0.28 The notes on pages 98 to 187 form an integral part of these financial statements. Auditor’s report on pages 88 to 91. S t a t e m e n t s o f P r o f i t o r L o s s
RkJQdWJsaXNoZXIy MzQ3MjQ5