| |
 |
|
| |
CONSOLIDATED
INCOME STATEMENT |
| |
FOR
THE YEAR ENDED 31 MARCH 2001
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2001 |
|
2000
Pro
forma
|
|
|
|
|
Company
and its
|
Associated
|
|
Company
and its
|
Associated |
|
|
|
subsidiaries |
companies
|
Total
|
subsidiaries
|
companies
|
Total
|
|
Notes
|
R
million
|
R
million
|
R
million
|
R
million
|
R
million
|
R
million
|
|
|
Revenue
|
|
126.4
|
|
126.4
|
173.6
|
|
173.6 |
| |
|
|
| Operating profit
|
|
|
|
|
|
|
|
| |
|
72.0 |
|
72.0 |
156.5 |
|
156.5 |
| Finance
costs |
|
5.5 |
|
5.5 |
0.5 |
|
0.5 |
| |
|
|
| Profit
from |
|
|
|
|
|
|
|
|
operations |
|
66.5 |
|
66.5 |
156.0 |
|
156.0 |
| Amortisation
|
|
|
|
|
|
|
|
|
of goodwill |
|
(4.0) |
(21.3) |
(25.3) |
|
(12.0) |
(12.0) |
|
Equity
adjustment:
|
|
|
|
|
|
|
|
|
share
of net
|
|
|
|
|
|
|
|
|
profit before taxation
|
|
|
|
|
|
|
|
| of
associated |
|
|
|
|
|
|
|
|
companies |
|
|
685.2 |
685.2 |
|
613.3 |
613.3 |
| Exceptional |
|
|
|
|
|
|
|
|
items |
|
(63.9) |
(59.4) |
(123.3) |
37.9 |
(56.0) |
(18.1) |
| |
|
|
| Profit/(loss) |
|
|
|
|
|
|
|
|
before taxation |
|
(1.4) |
604.5 |
603.1 |
193.9 |
545.3 |
739.2 |
| Taxation
|
|
21.2 |
138.8 |
160.0 |
34.7 |
169.6 |
204.3 |
| |
|
|
| Net
profit/(loss) |
|
|
|
|
|
|
|
| for
the year |
|
(22.6) |
465.7 |
443.1 |
159.2 |
375.7 |
534.9 |
|
|
|
|
Reconciliation
of headline earnings:
|
|
|
|
|
|
|
|
Basic
earnings
– net profit/(loss)
|
|
|
|
|
|
|
|
for the year
|
|
(22.6)
|
465.7
|
443.1
|
159.2
|
375.7
|
534.9
|
|
Plus/(minus)
– attributable to
|
|
|
|
|
|
|
|
|
own
members:
|
|
|
|
|
|
|
|
|
Exceptional items |
63.9 |
54.1 |
118.0 |
(37.9) |
35.7 |
(2.2) |
|
Amortisation
of goodwill
|
|
4.0
|
21.3
|
25.3
|
–
|
12.0
|
12.0
|
|
Net
surplus,
|
|
|
|
|
|
|
|
|
after
taxation
|
|
|
|
|
|
|
|
|
on
the disposal
|
|
|
|
|
|
|
|
|
of property, plant and
|
|
|
|
|
|
|
|
|
equipment |
|
• |
(0.1) |
(0.1) |
1.3 |
– |
1.3 |
|
|
|
| Headline
earnings |
45.3 |
541.0 |
586.3 |
122.6 |
423.4 |
546.0 |
|
|
|
|
*
Amounts smaller than R50 000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings
per
|
|
|
|
|
|
|
|
|
share
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Headline
|
|
|
|
|
|
|
|
|
earnings
per
|
|
|
|
|
|
|
|
|
share
(cents)
|
|
8.7
|
103.6
|
112.3
|
23.5
|
81.1
|
104.6
|
| |
|
|
|
|
|
|
|
|
Basic
earnings per share
|
|
|
|
|
|
|
|
|
(cents)
|
|
(4.3)
|
89.2
|
84.9
|
30.5
|
72.0
|
102.5
|
|
| |
|
