Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2024 
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Chapter 4Financial statements

  • 4.1Group financial statements
  • 4.1.1 Statement of comprehensive income
For the year ended 31 December     Note     2024 
Rm
 
2023 
Rm
 
  
Revenue     6.1.2     40 725  38 698    
Operating expenses     6.1.3     (33 118) (28 071)   
Net operating profit         7 607  10 627    
Finance income     12.1.2     1 786  1 570    
Finance costs     12.1.2     (1 216) (1 252)   
Income from financial assets            
Share of income of equity-accounted investments     9.3     4 270  6 987    
Profit before tax         12 447  17 934    
Income tax expense     7.3     (2 377) (3 231)   
Profit for the year         10 070  14 703    
Other comprehensive (loss)/income, net of tax         (99) 200    
Items that will not be reclassified to profit or loss         14  (29)   
– Remeasurement of retirement employee obligations            
– Changes in fair value of equity investments at FVOCI         (31)   
– Share of OCI of equity-accounted investments           
Items that may subsequently be reclassified to profit or loss         (94) 244    
– Unrealised exchange differences on translation of foreign operations         11  88    
– Changes in fair value on cash flow hedges        (20) (44)   
– Changes in fair value on costs of hedging         (5) (9)   
– Share of OCI of equity-accounted investments         (80) 209    
Items that have subsequently been reclassified to profit or loss         (19) (15)   
– Recycling of changes in fair value on cash flow hedges         (19) (15)   
Total comprehensive income for the year           9 971  14 903   
Profit attributable to:             
Owners of the parent         7 724  11 292    
Non-controlling interests         2 346  3 411    
Profit for the year           10 070  14 703   
Total comprehensive income attributable to:             
Owners of the parent         7 651  11 448    
Non-controlling interests         2 320  3 455    
Total comprehensive income for the year           9 971  14 903   
     Note     cents  cents    
Attributable earnings per share     5.2         
Basic         3 192  4 666    
Diluted         3 192  4 666    

The notes to the financial statements comprise of chapters 3 and 5 to 18 respectively.