INTERIM RESULTS
Results for the half-year ended 31 December 2011
CURRENTLY VIEWING: Results for the half-year ended 31 December 2011 » Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT
| Half-year ended | Year ended | ||
| 31 December 2011 Unaudited |
31 December 2010 Unaudited |
30 June 2011 Audited |
|
| R’000 | R’000 | R’000 | |
| Revenue | 6 843 807 | 4 768 682 | 11 180 037 |
| Turnover | 6 386 024 | 4 553 507 | 10 547 806 |
| Cost of sales | (3 337 372) | (2 420 111) | (6 044 740) |
| Gross profit | 3 048 652 | 2 133 396 | 4 503 066 |
| Other income | 626 209 | 221 785 | 848 731 |
| Other expenses | (476 455) | (205 493) | (457 797) |
| Finance costs | (126 199) | (40 137) | (77 790) |
| Profit before taxation and State's share of profits | 3 072 207 | 2 109 551 | 4 816 210 |
| Taxation and State’s share of profits | (934 057) | (706 284) | (1 566 524) |
| Profit for the period | 2 138 150 | 1 403 267 | 3 249 686 |
| Earnings attributable to: | |||
| Shareholders of the holding company | 2 129 171 | 1 392 501 | 3 219 754 |
| Non-controlling shareholders | 8 979 | 10 766 | 29 932 |
| As above | 2 138 150 | 1 403 267 | 3 249 686 |
| Earnings as above | 2 129 171 | 1 392 501 | 3 219 754 |
| Adjusted for: | |||
| Profit on disposal (net of tax): | |||
| – on available-for-sale investments | (61 057) | — | — |
| – of property, plant and equipment | (646) | (537) | (407) |
| Headline earnings | 2 067 468 | 1 391 964 | 3 219 347 |
| Earnings per share (basic and diluted – cents) | 1 978 | 1 164 | 2 691 |
| Headline earnings per share (basic and diluted – cents) | 1 921 | 1 163 | 2 690 |
| Dividends per share declared in respect of the profit for the period (cents) | 200 | 450 | |
| – Interim | 200 | 200 | |
| – Final | 250 | ||
| Weighted average number of ordinary shares (million) | |||
| Ordinary shares in issue | 139,61 | 139,61 | 139,61 |
| Weighted impact of treasury shares | (31,97) | (19,94) | (19,94) |
| Average for the period | 107,64 | 119,67 | 119,67 |
