Consolidated statement of financial performance

FOR THE YEAR ENDED 30 JUNE 2017
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ALL MONETARY AMOUNTS ARE EXPRESSED IN MILLIONS OF RANDS Notes2   2017    2016   
Continuing operations            
Revenue  26     21 397,3     26 148,0    
Continuing operations excluding Middle East        20 789,6     24 444,9    
Middle East        607,7     1 703,1    
Profit before interest, depreciation and amortisation        962,4     1 773,9    
Depreciation        (430,9)    (447,8)   
Amortisation of intangible assets        (44,7)    (50,7)   
Profit before interest and taxation  27     486,8     1 275,4    
Continuing operations excluding Middle East        1 055,1     1 343,2    
Middle East        (568,3)    (67,8)   
Interest expense  28     (109,8)    (124,8)   
Interest income  29     68,1     53,6    
Profit before taxation        445,1     1 204,2    
Taxation expense  30     (161,2)    (295,8)   
Profit after taxation        283,9     908,4    
Income from equity accounted investments        7,2     17,6    
Profit for the year from continuing operations        291,1     926,0    
Loss from discontinued operations  31     (252,9)    (136,1)   
Profit for the year        38,2     789,9    
Attributable to:                   
  Owners of Murray & Roberts Holdings Limited        48,0     752,8    
  Non-controlling interests  16     (9,8)    37,1    
         38,2     789,9   

Basic and diluted earnings per share were 12 cents (2016: 189 cents) and 12 cents (2016: 182 cents) respectively. For further details refer to note 32, in the online annual financial statements.

1 A 38% investment in Forum SA Trading 284 (Pty) Ltd (Property development) was not included in the sale of the Southern African Infrastructure and Building businesses and has therefore been reclassified from discontinued operations in the prior year and included as income from continuing operations for all periods presented.
2 Notes are available in the online annual financial statements.