Five-year summary

of the consolidated financial statements

	2004^	2005*	2006	2007	2008
Income statements	R’000	R’000	R’000	R’000	R’000
Turnover	2 228 091	3 093 944	3 382 587	4 293 036	9 158 937
Profit before profit on disposal of
available-for-sale investments	309 029	793 607	561 614	1 129 414	4 665 106
Profit on disposal of available-for-sale investments	–	–	145 777	43 025	22 350
Taxation and State’s share of profits	(99 583)	(252 545)	(227 569)	(369 084)	(1 509 091)
Profit for the year	209 446	541 062	479 822	803 355	3 178 365
Attributable to:
– Shareholders of the holding company	169 843	509 445	457 384	774 704	3 069 522
– Minority shareholders	39 603	31 617	22 438	28 651	108 843
As above	209 446	541 062	479 822	803 355	3 178 365
Other information
Attributable earnings as above (R’000)	169 843	509 445	457 384	774 704	3 069 522
Headline earnings (R’000)	163 444	513 445	323 933	736 021	3 057 708
Earnings per share (cents)	607	1 819	1 652	2 863	11 406
Headline earnings per share (cents)	584	1 834	1 170	2 720	11 362
Dividends declared during the year	12 600	26 600	64 400	84 000	126 000
Less: Dividends attributable to treasury shares	–	–	–	(2 928)	(4 392)
	12 600	26 600	64 400	81 072	121 608
Dividends per share relating to the activities
of the group for the year under review (cents)
– Interim (declared and paid)	20	50	80	150	250
– Final (declared subsequent to year-end)	45	150	150	200	1 000
	65	200	230	350	1 250
Weighted average number of shares for purposes of calculating earnings per share

Ordinary shares in issue	28 000	28 000	28 000	28 000	28 000
Treasury shares	–	–	(305)	(942)	(1 088)
Weighted average	28 000	28 000	27 695	27 058	26 912

Average exchange rates for the year:
SA rand to US dollar	6,84	6,18	6,41	7,20	7,27
SA rand to euro	8,16	7,84	7,80	9,67	10,72

^ Year 2004 is prepared in accordance with South African GAAP, and the years thereafter in terms of IFRS * Restated due to the adoption of IFRS



	2004^	2005*	2006	2007	2008
Balance sheets	R’000	R’000	R’000	R’000	R’000
ASSETS
Non-current assets
Property, plant and equipment, investment
properties and intangibles	1 206 428	1 391 931	2 023 210	3 003 319	4 196 018
Available-for-sale investments	165 715	232 093	169 750	236 119	590 191
	1 372 143	1 624 024	2 192 960	3 239 438	4 786 209
Current assets
Other current assets	1 006 005	1 319 769	1 544 173	1 774 566	3 286 272
Cash resources	179 766	293 059	171 835	309 457	1 988 957
Total assets	2 557 914	3 236 852	3 908 968	5 323 461	10 061 438

EQUITY AND LIABILITIES
Share capital and reserves
Ordinary shareholders’ interest	1 549 309	2 092 721	2 475 316	3 230 707	4 110 872
Minority shareholders’ interest	42 560	39 363	51 114	48 673	111 528
Total equity	1 591 869	2 132 084	2 526 430	3 279 380	4 222 400
Non-current liabilities
Deferred taxation	240 576	345 181	544 844	620 597	899 701
Long-term liabilities	55 425	65 333	122 312	156 955	223 320
	1 887 870	2 542 598	3 193 586	4 056 932	5 345 421
Current liabilities
Non-interest-bearing	290 878	467 514	461 928	721 759	2 094 528
Interest-bearing	379 166	226 740	253 454	544 770	2 621 489
Total equity and liabilities	2 557 914	3 236 852	3 908 968	5 323 461	10 061 438
Net asset value per share (rand)	55	75	88	120	171

Exchange rates at year-end
SA rand to US dollar	6,17	6,65	7,11	7,02	7,84
SA rand to euro	7,53	8,06	9,10	9,50	12,37

^ Year 2004 is prepared in accordance with South African GAAP, and the years thereafter in terms of IFRS
* Restated due to the adoption of IFRS

Five-year summary

Balance sheets