Summary Group income statement for the year ended 31 December 2025


   Note  2025 
Rm
 
2024 
Restated1
Rm 
Revenue  7  226 707  188 001 
Other income     48  585 
Direct network and technology operating costs  7  (37 560) (35 957)
Costs of handsets and other accessories     (8 894) (11 209)
Interconnect and roaming costs     (8 222) (9 512)
Staff costs     (16 670) (14 067)
Selling, distribution and marketing expenses  7  (28 890) (24 138)
Government and regulatory costs     (8 407) (7 444)
Impairment and write-down of trade receivables and contract assets     (1 804) (2 528)
Loss on disposal of subsidiaries       (653)
Other operating expenses     (15 195) (11 912)
Depreciation of property, plant and equipment     (21 085) (20 389)
Depreciation of right-of-use assets     (10 359) (8 819)
Amortisation of intangible assets     (7 580) (6 368)
Impairment loss of goodwill       (437)
Impairment loss on remeasurement of non-current assets held for sale       (146)
Impairment loss on MTN Sudan's non-current assets  17  (2 606) (11 722)
Finance income  8  3 121  2 417 
Finance costs  8  (19 979) (18 702)
Net foreign exchange gains/(losses) 8  313  (18 879)
Net monetary gain     1 336  3 071 
Share of results of associates and joint ventures after tax  9  3 152  4 735 
Profit/(loss) before tax     47 426  (4 073)
Income tax expense     (20 025) (6 841)
Profit/(loss) after tax     27 401  (10 914)
Attributable to:          
Equity holders of the Company     20 262  (9 369)
Non-controlling interests     7 139  (1 545)
      27 401  (10 914)
Basic earnings per share (cents) 10  1 113  (519)
Diluted earnings per share (cents) 10  1 101  (519)
1 Restated, refer to note 19 for details on the restatement.