INTERIM REPORT FOR THE SIX MONTHS ENDED 31 DECEMBER 2004 (UNAUDITED)
   
   
 
  ADDITIONAL INFORMATION
   
   
                  31 December
30 June 
   
2004 
2003 
2004 
  Number of shares in issue      
  – Ordinary shares of 1 cent each
447 993 648 
486 493 650 
447 993 648 
  – Unlisted B ordinary shares of
     10 cents each
35 506 352 
35 506 352 
35 506 352 
  Total number of shares in issue
483 500 000 
522 000 002 
483 500 000 
  – Shares held in treasury
     (ordinary shares of 1 cent each)
(36 221 948)
(21 565 620)
(25 268 657)
  – Shares held by The VenFin Share Trust
     (ordinary shares of 1 cent each)
(8 369 605)
(9 055 817)
(8 668 746)
   
438 908 447 
491 378 565 
449 562 597 
  Weighted number of shares in issue
444 501 740 
495 966 247 
488 922 237 
         
         
 
  • In determining the headline earnings and basic earnings per share the weighted number of shares in issue was taken into account.
  • In determining the diluted headline earnings and basic earnings per share the weighted number of shares in issue was adjusted for the dilutive effect of the shares offered to participants by the VenFin share scheme. The number of shares that was added to the weighted number of issued shares to determine the dilutive effect was 1 927 799 (2003: 747 653).
   
   
                   31 December
30 June 
   
2004 
2003 
2004 
  Net asset value per share
  – At book value
R16.04 
 R16.14 
R15.64 
  – At market value and directors’ valuation
     of investments
R38.81 
R26.11 
R28.80 
   
 
    
   
R million 
R million 
R million 
  Listed investments
  Associated
  – Book value (excluding goodwill)
717 
25 
53 
  – Market value
1 303 
47 
108 
  Other
  – Book value
920 
472 
496 
  – Market value
920 
472 
496 
  Unlisted investments
  Associated*
  – Book value (excluding goodwill)
1 643 
5 346 
1 502 
  – Directors’ valuation
11 918 
10 783 
7 929 
  Other*
  – Book value
720 
70 
2 001 
  – Directors’ valuation
941 
70 
2 038 
  * These amounts are not comparable with    those of
     the previous interim financial period due to    the effect of the consolidation of
     R&V from 30 June 2004.
   
  
  
   
  Capital commitments
56 
8 
39
  (Including amounts authorised, but not
  yet contracted)
   
 
    
   
         Six months ended
Year ended 
   
        31 December
30 June 
   
2004 
2003 
2004 
   
R million 
R million 
R million 
  Net interest income
  Interest received – unlisted investments      
     and deposits
60 
63 
98 
  Interest paid
(6)
(*)
(*)
   
54 
63 
98 
   
  Dividends received
  Dividends included in profit
11 
10 
12 
  Dividends from associated companies
245 
98 
329 
   
 
  Capital surplus on disposal of long-term      
  investments
  Subsidiary companies:
    Capital surplus on the disposal of
      – Richemont A units
– 
20 
20 
      – Other long-term investments
23 
– 
* 
  Total per income statement
23 
20 
20 
  Associated companies after taxation
(2)
(1)
4 
  Total – attributable to own members
21 
19 
24 
         
  * Amount smaller than R500 000
   
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