|
|
|
2005* |
|
2006 |
|
2007 |
|
2008 |
|
2009 |
Income statements |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
Turnover |
|
3 093 944 |
|
3 382 587 |
|
4 293 036 |
|
9 158 937 |
|
8 818 655 |
Profit before profit on disposal of available-for-sale |
|
|
|
|
|
|
|
|
|
|
investments |
|
793 607 |
|
561 614 |
|
1 129 414 |
|
4 665 106 |
|
5 229 794 |
Profit on disposal of available-for-sale investments |
|
– |
|
145 777 |
|
43 025 |
|
22 350 |
|
19 086 |
Taxation and State’s share of profits |
|
(252 545) |
|
(227 569) |
|
(369 084) |
|
(1 509 091) |
|
(1 981 493) |
|
|
|
|
|
|
|
|
|
|
|
Profit for the year |
|
541 062 |
|
479 822 |
|
803 355 |
|
3 178 365 |
|
3 267 387 |
Attributable to: |
|
|
|
|
|
|
|
|
|
|
– Shareholders of the holding company |
|
509 445 |
|
457 384 |
|
774 704 |
|
3 069 522 |
|
3 241 452 |
– Minority shareholders |
|
31 617 |
|
22 438 |
|
28 651 |
|
108 843 |
|
25 935 |
|
|
|
|
|
|
|
|
|
|
|
As above |
|
541 062 |
|
479 822 |
|
803 355 |
|
3 178 365 |
|
3 267 387 |
Other information |
|
|
|
|
|
|
|
|
|
|
Attributable earnings as above (R’000) |
|
509 445 |
|
457 384 |
|
774 704 |
|
3 069 522 |
|
3 241 452 |
Headline earnings (R’000) |
|
513 445 |
|
323 933 |
|
736 021 |
|
3 057 708 |
|
3 265 793 |
Earnings per share (cents) |
|
1 819 |
|
1 652 |
|
2 863 |
|
11 406 |
|
13 669 |
Headline earnings per share (cents) |
|
1 834 |
|
1 170 |
|
2 720 |
|
11 362 |
|
13 772 |
Dividends declared during the year |
|
26 600 |
|
64 400 |
|
84 000 |
|
126 000 |
|
555 717 |
Less: dividends attributable to treasury shares |
|
– |
|
– |
|
(2 928) |
|
(4 392) |
|
(76 311) |
|
|
|
26 600 |
|
64 400 |
|
81 072 |
|
121 608 |
|
479 406 |
Dividends relating to the activities of the group for |
|
|
|
|
|
|
|
|
|
|
the year under review (cents) |
|
|
|
|
|
|
|
|
|
|
– Interim declared and paid |
|
50 |
|
80 |
|
150 |
|
250 |
|
1 000 |
– Final (declared subsequent to year-end) |
|
150 |
|
150 |
|
200 |
|
1 000 |
|
1 000 |
|
|
|
200 |
|
230 |
|
350 |
|
1 250 |
|
2 000 |
Weighted average number of shares for purposes |
|
|
|
|
|
|
|
|
|
|
of calculating earnings per share |
|
|
|
|
|
|
|
|
|
|
Ordinary shares in issue |
|
28 000 |
|
28 000 |
|
28 000 |
|
28 000 |
|
27 658 |
Treasury shares |
|
– |
|
(305) |
|
(942) |
|
(1 088) |
|
(3 944) |
Weighted average |
|
28 000 |
|
27 695 |
|
27 058 |
|
26 912 |
|
23 714 |
Average exchange rates for the year |
|
|
|
|
|
|
|
|
|
|
SA rand to US dollar |
|
6,18 |
|
6,41 |
|
7,20 |
|
7,27 |
|
8,80 |
SA rand to euro |
|
7,84 |
|
7,80 |
|
9,67 |
|
10,72 |
|
12,08 |
* Restated due to the adoption of IFRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2005* |
|
2006 |
|
2007 |
|
2008 |
|
2009 |
Balance sheets |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
ASSETS |
|
|
|
|
|
|
|
|
|
|
Non-current assets |
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment, investment |
|
|
|
|
|
|
|
|
|
|
properties and intangible assets |
|
1 391 931 |
|
2 023 210 |
|
3 003 319 |
|
4 196 018 |
|
5 183 450 |
Investments investments |
– available-for-sale |
|
232 093 |
|
169 750 |
|
236 119 |
|
590 066 |
|
415 066 |
|
– other investments |
|
– |
|
– |
|
– |
|
125 |
|
42 259 |
|
|
|
1 624 024 |
|
2 192 960 |
|
3 239 438 |
|
4 786 209 |
|
5 640 775 |
Current assets |
|
|
|
|
|
|
|
|
|
|
Other current assets |
|
1 319 769 |
|
1 544 173 |
|
1 774 566 |
|
3 286 272 |
|
2 397 097 |
Cash resources and deposits |
|
293 059 |
|
171 835 |
|
309 457 |
|
1 988 957 |
|
3 049 067 |
Total assets |
|
3 236 852 |
|
3 908 968 |
|
5 323 461 |
|
10 061 438 |
|
11 086 939 |
|
|
|
|
|
|
|
|
|
|
|
EQUITY AND LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Share capital and reserves |
|
2 092 721 |
|
2 475 316 |
|
3 230 707 |
|
4 110 872 |
|
6 603 229 |
Minority shareholders’ interest |
|
39 363 |
|
51 114 |
|
48 673 |
|
111 528 |
|
71 819 |
Total equity |
|
2 132 084 |
|
2 526 430 |
|
3 279 380 |
|
4 222 400 |
|
6 675 048 |
Non-current liabilities |
|
|
|
|
|
|
|
|
|
|
Deferred taxation |
|
345 181 |
|
544 844 |
|
620 597 |
|
899 701 |
|
1 341 836 |
Long-term borrowings and provisions |
|
65 333 |
|
122 312 |
|
156 955 |
|
223 320 |
|
257 513 |
|
|
|
2 542 598 |
|
3 193 586 |
|
4 056 932 |
|
5 345 421 |
|
8 274 397 |
Current liabilities |
|
|
|
|
|
|
|
|
|
|
Other non-interest-bearing |
|
467 514 |
|
461 928 |
|
721 759 |
|
2 094 528 |
|
1 188 699 |
Short-term borrowing and overdrafts |
|
226 740 |
|
253 454 |
|
544 770 |
|
2 621 489 |
|
1 623 843 |
Total equity and liabilities |
|
3 236 852 |
|
3 908 968 |
|
5 323 461 |
|
10 061 438 |
|
11 086 939 |
Net asset value per share (rand) |
|
75 |
|
88 |
|
120 |
|
176 |
|
279 |
Exchange rates at year-end |
|
|
|
|
|
|
|
|
|
|
SA rand to US dollar |
|
6,65 |
|
7,11 |
|
7,02 |
|
7,84 |
|
7,72 |
SA rand to euro |
|
8,06 |
|
9,10 |
|
9,50 |
|
12,37 |
|
10,79 |
* Restated due to the adoption of IFRS |
|
|
|
|
|
|
|
|
|
|