INTERIM REPORT FOR THE TWELVE MONTHS ENDED 31 MARCH 2002 (UNAUDITED)
   
   
   
   
  ANNEXURE A
  COMPOSITION OF REVENUE AND HEADLINE EARNINGS
 
     
          Pro forma
   
Effective % 
        Revenue
        headline earnings
          VenFin's share
   
interest at 
        R million
          R million
           R million
   
31 March 
        31 March
          31 March
           31 March
   
2002 
2002 
2001 
2002 
2001 
2002 
2001 
 
  Intervid
17.49 
71.1 
88.8 
(12.7)
19.5 
(1.9)
0.7 
  SAIL
19.53 
108.9 
72.9 
20.6 
16.5 
5.6 
3.0 
  Tracker
32.14 
154.2 
107.3 
24.9 
(12.4)
6.9 
– 
  Psitek
33.09 
133.7 
47.1 
27.9 
2.9 
6.4 
0.6 
  Inala
23.88 
101.4 
117.5 
6.0 
4.6 
1.1 
1.4 
  Other
115.5 
60.5 
(83.5)
(38.9)
(11.3)
(4.5)
 
   
6.8 
1.2 
  e-tv (loan)
26.00 
280.0 
178.1 
(175.1)
(296.7)
(45.5)
(77.1)
  Vodacom
13.50 
16 186.7 
13 263.5 
2 447.9 
1 788.4 
330.5 
241.4 
  R&V
33.33 
185.3 
295.1 
 
   
477.1 
460.6 
   
  Net interest
100.00 
 89.0 
 60.0 
  Corporate
100.00 
19.4 
13.4 
  Net management fees
100.00 
(29.5)
(24.8)
 
   
556.0 
509.2