Annual financial statement
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OUT OF THE ORDINARY Investec Investec Bank Limited Preliminary condensed consolidated financial results for the year ended 31 March 2021 Condensed consolidated income statement R'million Interest income Interest expense Net interest income Fee and commission income Fee and commission expense Investment income Share of post taxation profit of associates Trading income / ( loss ) arising from - customer flow - balance sheet management and other trading activities Other operating income Total operating income before expected credit loss impairment charges Expected credit loss impairment charges Operating income Operating costs Operating profit before goodwill and acquired intangibles Impairment of goodwill Amortisation of acquired intangibles Impairment of associate Profit before taxation ^ Taxation on operating profit before acquired intangibles Taxation on acquired intangibles Profit after taxation Restated , refer to ' Restatements ' in the commentary that follows . 1 Year to 31 March 2021 26 370 ( 17 584 ) 8 786 2 804 ( 467 ) 472 81 627 ( 257 ) 3 12 049 ( 567 ) 11 482 ( 6 469 ) 5 013 ( 3 ) ( 51 ) ( 98 ) 4 861 ( 878 ) 14 3 997 Year to 31 March 2020 ^ 35 279 ( 26 606 ) 8 673 3 106 ( 490 ) 601 320 443 ( 50 ) 12 603 ( 1 088 ) 11 515 ( 6 632 ) 4 883 ( 3 ) ( 51 ) ( 937 ) 3 892 ( 816 ) 14 3 090