Five-year summary

Five-year summary of the consolidated financial statements

2012  2013  2014  2015  2016 
INCOME STATEMENTS R’000  R’000  R’000  R’000  R’000 
Revenue 1 699 861  1 964 409  2 894 596  3 357 297  2 941 047 
Profit excluding profit on disposal of available-for-sale listed investments 378 268  480 603  698 053  76 792  400 303 
Profit on disposal of available-for-sale listed investments 472 200  27 850  –  –  – 
Taxation (245 427) (171 227) (240 486) (102 293) (176 376)
Share of profits and losses from joint-venture entity and foreign listed associate, after taxation (equity accounted) 3 441 994  3 092 476  3 572 155  1 315 941  1 273 714 
Profit for the year 4 047 035  3 429 702  4 029 722  1 290 440  1 497 641 
Attributable to:
– Shareholders of the holding company 4 033 014  3 426 978  4 005 123  1 403 371  1 539 363 
Non-controlling shareholders 14 021  2 724  24 599  (112 931) (41 722)
As above 4 047 035  3 429 702  4 029 722  1 290 440  1 497 641 
Other information
Attributable earnings as above (R’000) 4 033 014  3 426 978  4 005 123  1 403 371  1 539 363 
Headline earnings (R’000) 3 707 763  3 533 823  4 229 890  1 976 351  1 744 176 
Earnings per share (cents) 3 828  3 320  3 881  1 360  1 491 
Headline earnings per share (cents) 3 519  3 424  4 098  1 915  1 690 
Adjusted headline earnings per share (cents)* 2 706  2 581  3 080  1 465  1 473 
Dividends declared during the year 698 036  767 839  1 116 856  1 186 660  698 035 
Less: Dividends attributable to treasury shares (182 000) (200 200) (291 200) (309 400) (182 000)
516 036  567 639  825 656  877 260  516 035 
Dividends relating to the activities of the group for the year under review (cents)
– Interim declared and paid 250  250  450  300  200 
– Final (declared subsequent to year-end) 300  350  550  300  500 
550  600  1 000  600  700 
Weighted average number of shares for purposes of calculating earnings per share
Ordinary shares in issue 139 607  139 607  139 607  139 607  139 607 
Treasury shares, in accordance with IFRS* (34 240) (36 400) (36 400) (36 400) (36 400)
Weighted average 105 367  103 207  103 207  103 207  103 207 
Average exchange rates for the year:
SA rand to US dollar 7,73  8,85  10,42  11,46  14,65 
SA rand to euro 10,39  11,46  13,06  13,61  15,97 
* Headline earnings per share including treasury shares in issue (this is a non-IFRS measure). Refer note 12 to the consolidated financial statements.

2012 2013 2014 2015 2016 
STATEMENTS OF FINANCIAL POSITION R’000 R’000 R’000 R’000 R’000 
ASSETS
Non-current assets
Investment in joint-venture entity 11 353 539 12 946 015 14 768 170 14 585 308 15 094 529 
Property, plant and equipment and intangible assets 487 380 510 577 552 191 256 504 178 609 
Investments
available-for-sale listed investments 239 333 178 430 377 988 233 972 180 084 
– foreign listed associate 120 756 124 848 
available-for-sale unlisted investments 34 724 41 963 46 613 47 808 44 591 
Pension fund surplus 12 315 56 973 57 474 68 070 
Deferred taxation 4 964 17 421 
12 114 976 13 689 300 15 801 935 15 306 786 15 708 152 
Current assets
Other current assets 468 535 677 003 1 011 113 1 335 087 1 455 937 
Cash resources (including restricted cash) 1 051 329 1 703 746 2 144 598 2 871 195 3 664 447 
Total assets 13 634 840 16 070 049 18 957 646 19 513 068 20 828 536 
EQUITY AND LIABILITIES
Share capital and reserves
Equity attributable to shareholders of the holding company 11 189 751 14 031 378 17 302 592 17 808 956 18 945 480 
Non-controlling shareholders’ interests 126 858 128 910 150 271 15 765 (33 871)
Total equity 11 316 609 14 160 288 17 452 863 17 824 721 18 911 609 
Non-current liabilities
Deferred taxation 44 835 43 622 63 426 – 
Long-term liabilities 1 645 564 870 782 373 234 367 181 28 918 
13 007 008 15 074 692 17 889 523 18 191 902 18 940 527 
Current liabilities
Non-interest-bearing 435 813 645 933 529 535 360 300 892 235 
Interest-bearing 192 019 349 424 538 588 960 866 995 774 
Total equity and liabilities 13 634 840  16 070 049  18 957 646  19 513 068  20 828 536 
Exchange rates at year-end
SA rand to US dollar 8,31  9,96  10,58  12,27  14,86 
SA rand to euro 10,45  13,00  14,44  13,73  16,49