Assore - FINAL RESULTS 2009
     

CONSOLIDATED INCOME STATEMENT


   
Year ended  
 
Year ended  
   
30 June 2009  
 
30 June 2008  
   
Reviewed  
 
Audited  
   
R’000  
 
R’000  
Turnover   
8 818 655  
 
9 158 937  
Cost of sales   
(3 983 720) 
 
(4 668 547) 
Gross profit   
4 834 935  
 
4 490 390  
Profit on disposal of available-for-sale investments   
19 086  
 
22 350  
Other income   
1 410 828  
 
611 737  
Other expenses   
(717 821) 
 
(399 005) 
Finance costs   
(298 148) 
 
(38 016) 
Profit before taxation and State’s share of profits   
5 248 880  
 
4 687 456  
Taxation and State’s share of profits   
(1 981 493) 
 
(1 509 091) 
Profit for the year   
3 267 387  
 
3 178 365  
Earnings attributable to:   
 
Shareholders of the holding company   
3 241 452  
 
3 069 522  
Minority interests   
25 935  
 
108 843  
Profit for the year (as above)   
3 267 387  
 
3 178 365  
Attributable earnings as above   
3 241 452  
 
3 069 522  
(Profit)/loss on disposal (net of tax) of:   
 
– Available-for-sale investments   
(16 414) 
 
(19 221) 
– Property, plant and equipment   
(18 359) 
 
7 407  
Impairment of non-financial assets   
59 114  
 
–  
Headline earnings   
3 265 793  
 
3 057 708  
Earnings per share (cents) (basic and diluted)  
13 669  
 
11 406  
Headline earnings per share (cents) (basic and diluted)    
13 772  
 
11 362  
Dividends per share declared in respect of the   
 
abovementioned earnings (cents):  
2 000  
 
1 250  
– Interim   
1 000  
 
250  
– Final   
1 000  
 
1 000  
Weighted average number of ordinary shares (million)   
 
 
Ordinary shares in issue  
27,66  
 
28,00  
Weighted impact of treasury shares:   
 
– Held by Group companies  
(3,03) 
 
(0,18) 
– Held by Bokamoso Trust  
(0,91) 
 
(0,91) 
Weighted average number of ordinary shares   
23,72  
 
26,91  
Net asset value per share (Rand)   
278,9  
 
175,9  
Capital expenditure (R million)   
1 459,5  
 
1 537,0  
Capital commitments (R million)   
3 656,9  
 
857,3