Condensed consolidated income statement for the

   Note  Six months 
ended 
30 June 
2024 
Reviewed 
Rm
 
Six months 
ended 
30 June 
2023 
Restated1
Reviewed 
Rm 
Financial 
year ended 
31 December 
2023 
Audited 
Rm 
Revenue  7  90 842  113 203  221 056 
Gain on disposal of MTN Afghanistan  19  1 018  –  – 
Other income     289  116  324 
Direct network and technology operating costs     (18 088) (19 152) (38 539)
Costs of handsets and other accessories     (6 029) (6 235) (12 583)
Interconnect and roaming costs     (5 292) (6 000) (12 196)
Staff costs     (6 823) (7 136) (15 099)
Selling, distribution and marketing expenses     (11 771) (13 600) (27 134)
Government and regulatory costs     (3 863) (4 547) (8 789)
Impairment and write-down of trade receivables and contract assets     (510) (594) (1 330)
Impairment loss on MTN Sudan's non-current assets2  18  (3 803) (207) (746)
Other operating expenses     (5 895) (6 595) (15 284)
Depreciation of property, plant and equipment     (10 600) (11 350) (24 690)
Depreciation of right-of-use assets     (3 998) (4 613) (9 440)
Amortisation of intangible assets     (3 154) (3 634) (8 138)
Impairment of goodwill     (437) –  – 
Impairment loss on remeasurement of non-current assets held for sale  19  (146) (385) (900)
Finance income3  8  1 325  1 698  3 055 
Finance costs3  8  (8 010) (9 066) (18 954)
Net foreign exchange losses3  8  (16 271) (14 804) (23 170)
Net monetary gain     276  155  744 
Share of results of associates and joint ventures after tax  9  1 892  1 008  3 581 
(Loss)/profit before tax     (9 048) 8 262  11 768 
Income tax expense     (629) (3 827) (7 751)
(Loss)/profit after tax     (9 677) 4 435  4 017 
Attributable to:             
Equity holders of the Company     (7 390) 4 141  4 092 
Non-controlling interests     (2 287) 294  (75)
      (9 677) 4 435  4 017 
Basic (loss)/earnings per share (cents) 10  (409) 229  227 
Diluted (loss)/earnings per share (cents) 10  (409) 225  223 
1 Restated, refer to note 20 for details on the restatement.
2 Impairment loss on MTN Sudan’s non-current assets were previously included in other operating expense and has been disaggregated in the current year and comparative numbers have been re-presented accordingly.
3 Finance income and foreign exchange losses were previously included in net finance costs and have been disaggregated in the current period and comparative numbers have been re-presented accordingly.