Consolidated statement of comprehensive income

Note

For the year ended

31 March 2026

$m

31 March 2025

$m

Income

Revenue

6

6,415

4,955

Other income

27

22

6,442

4,977

Expenses

Network operating expenses

1,183

974

Access charges

261

236

Licence fee and spectrum usage charges

293

263

Employee benefit expenses

7

360

302

Sales and marketing expenses

852

650

Impairment loss on financial assets

11

7

Other operating expenses

8

320

257

Depreciation and amortisation

9

1,047

831

4,327

3,520

Operating profit

2,115

1,457

Finance costs

– Derivative and net foreign exchange (gains)/losses

Nigerian naira

10

(149)

118

Other currencies

10

22

61

– Other finance costs

10

867

663

Finance income

10

(27)

(20)

Net monetary gain relating to hyperinflationary accounting

11

(17)

(26)

Share of profit of associate and joint venture accounted for using equity method

(0)

(0)

Profit before tax

1,419

661

Income tax expense

13

606

333

Profit for the year

813

328

  

Profit before tax (as presented above)

1,419

661

Add: Exceptional items

12

–

103

Underlying profit before tax

1,419

764

Profit after tax (as presented above)

813

328

Add: Exceptional items

12

–

73

Underlying profit after tax

813

401

Other comprehensive income (‘OCI’)

Items to be reclassified subsequently to profit or loss:

Gain due to foreign currency translation differences

252

219

Gain on debt instruments at fair value through other comprehensive income

–

0

Share of OCI of associate and joint venture accounted for using equity method

0

0

(Loss)/gain on cash flow hedges

(0)

0

Cash flow hedges reclassified to profit or loss

(0)

(0)

Tax on above

0

1

252

220

Items not to be reclassified subsequently to profit or loss:

Re-measurement gain on defined benefit plans

0

1

Tax on above

(0)

(0)

0

1

Other comprehensive income for the year

252

221

Total comprehensive income for the year

1,065

549

Profit for the year attributable to:

813

328

Owners of the company

679

220

Non-controlling interests

134

108

Other comprehensive income for the year attributable to:

252

221

Owners of the company

237

179

Non-controlling interests

15

42

  

Total comprehensive income for the year attributable to:

1,065

549

Owners of the company

916

399

Non-controlling interests

149

150

Earning per share

cents

cents

Basic

14

18.6

6.0

Diluted

14

18.6

6.0