LIKE-ON-LIKE CONSOLIDATED INCOME STATEMENT                
                 
    26 weeks   26 weeks       53 weeks
    June 2018   June 2017   Like-on-like*   December 2017
Rm   (Reviewed)   (Like-on-like) *   % change   (Like-on-like) *
Revenue   41,688.4   40,905.6   1.9   90,163.6
Sales   41,558.4   40,784.5   1.9   89,869.7
Cost of sales   (33,416.3)   (32,753.5)   (2.0)   (72,219.1)
Gross profit   8,142.1   8,031.0   1.4   17,650.6
Other income   127.9   114.3   11.9   235.1
Depreciation and amortisation   (544.6)   (542.0)   (0.5)   (1,095.4)
Employment costs   (3,653.8)   (3,453.6)   (5.8)   (7,402.9)
Occupancy costs   (1,708.9)   (1,626.6)   (5.1)   (3,187.0)
Other operating costs   (1,698.5)   (1,697.9)   (0.0)   (3,463.3)
Trading profit before interest and taxation   664.2   825.2   (19.5)   2,737.1
Restructuring cost (note 5)   (110.3)      
Impairment of assets   (8.5)   (0.2)     (18.9)
Insurance proceeds on items in PP&E   2.1   6.8   (69.1)   58.8
Operating profit before foreign exchange movements and interest   547.5   831.8   (34.2)   2,777.0
Foreign exchange gain/(loss) (note 6)   23.4   (16.6)   241.0   (47.2)
Operating profit before interest   570.9   815.2   (30.0)   2,729.8
– Finance costs   (300.9)   (294.6)   (2.1)   (585.4)
– Finance income   10.8   12.5   (13.6)   26.4
Net finance costs   (290.1)   (282.1)   (2.8)   (559.0)
Profit before taxation   280.8   533.1   (47.3)   2,170.8
Taxation   (84.0)   (159.9)   47.5   (649.1)
Profit for the period   196.8   373.2   (47.3)   1,521.7
                 
Profit attributable to:                
– Owners of the parent   202.5   369.3   (45.2)   1,507.7
– Non-controlling interests   (5.7)   3.9     14.0
Profit for the period   196.8   373.2   (47.3)   1,521.7
                 
Basic EPS (cents)   94.0   170.6   (44.9)   700.3
Diluted basic EPS (cents)   92.1   167.7   (45.1)   687.3
Dividend (cents):                
– Interim   68.0   76.0   (10.5)   76.0
– Final         271.0
– Total   68.0   76.0   (10.5)   347.0
                 
* To provide a more meaningful assessment of the current period’s performance, the performance summary has been prepared on a like-on-like basis which includes the material impact of IFRS 15 in the first half of the current and prior financial year. Refer to note 3 for detail on the impact of the new accounting standards in the change in accounting policy note using the modified retrospective approach.
                       
The like-on-like financial effects on sales, for which the Directors of Massmart are responsible, are provided for illustrative purposes only to show the effect that IFRS 15: Revenue from contracts with customers would have had on the 25 June 2017 sales amount, allowing for a like-on-like comparison to June 2018. The Group’s external auditor has issued a reporting accountants’ report on the June 2017 sales amount. A copy of their procedures report is available at the Group’s registered office.