| |
|
|
| |
Fifteen
months ended
|
Twelve months ended
|
| |
30
June 2002
|
31 March 2001
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
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| |
|
Company
|
|
|
Company
|
|
|
| |
|
and
its
|
Associated |
|
and
its
|
Associated |
|
| |
|
subsidiaries
|
companies |
Total |
subsidiaries
|
companies |
Total |
| |
Notes
|
R
million
|
R
million |
R
million |
R
million
|
R
million |
R
million |
|
|
|
|
|
|
|
|
| Revenue |
|
274 |
|
274 |
126 |
|
126 |
| |
|
|
|
|
|
|
|
| Operating loss |
|
(55) |
|
(55) |
(16) |
|
(16) |
| Net interest income |
|
156 |
|
156 |
82 |
|
82 |
| |
|
|
|
|
|
|
|
| Profit from operations |
|
101 |
|
101 |
66 |
|
66 |
| Amortisation of goodwill |
|
(31) |
(98) |
(129) |
(4) |
(21) |
(25) |
| Impairment of goodwill |
|
(21) |
|
(21) |
– |
|
– |
| Impairment of investments |
|
(89) |
(163) |
(252) |
– |
– |
– |
| Equity adjustment: Share of |
|
|
|
|
|
|
|
| net profit before taxation |
|
|
|
|
|
|
|
| of associated
companies |
|
|
832 |
832 |
|
685 |
685 |
| Exceptional items |
|
(80) |
5 |
(75) |
(64) |
(59) |
(123) |
| |
|
|
|
|
|
|
|
| Profit/(loss) before taxation |
|
(120) |
576 |
456 |
(2) |
605 |
603 |
| Taxation |
|
33 |
190 |
223 |
21 |
139 |
160 |
| |
|
|
|
|
|
|
|
| Net profit/(loss) for the period |
|
(153) |
386 |
233 |
(23) |
466 |
443 |
| |
|
|
|
|
|
|
|
Reconciliation of headline
earnings: |
|
|
|
|
|
|
|
| Basic earnings – net
profit/(loss) |
|
|
|
|
|
|
|
| for the period |
|
(153) |
386 |
233 |
(23) |
466 |
443 |
| Plus/(minus) – attributable |
|
|
|
|
|
|
|
| to own members: |
|
|
|
|
|
|
|
| Exceptional items |
|
80 |
(8) |
72 |
64 |
59 |
123 |
| Amortisation of
goodwill |
|
31 |
98 |
129 |
4 |
21 |
25 |
| Impairment of goodwill
and |
|
|
|
|
|
|
|
| investments
|
|
110 |
163 |
273 |
– |
– |
– |
| Tax effect |
|
– |
* |
* |
– |
(5) |
(5) |
| |
|
|
|
|
|
|
|
| Headline earnings |
|
68 |
639 |
707 |
45 |
541 |
586 |
| |
|
|
|
|
|
|
|
| Reconciliation of pro forma |
|
|
|
|
|
|
|
| headline
earnings:(1) |
|
|
|
|
|
|
|
| Headline earnings – reported |
|
68 |
639 |
707 |
45 |
541 |
586 |
| Adjustment relating to e-tv |
|
– |
(95) |
(95) |
– |
(77) |
(77) |
| |
|
|
|
|
|
|
|
| Pro forma headline earnings |
|
68 |
544 |
612 |
45 |
464 |
509 |
| |
|
|
|
|
|
|
|
| Earnings per share |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| Headline earnings |
|
|
|
|
|
|
|
| per share (cents) |
|
13.1 |
122.6 |
135.7 |
8.7 |
103.6 |
112.3 |
| – Diluted |
|
13.0 |
122.5 |
135.5 |
8.7 |
103.6 |
112.3 |
| |
|
|
|
|
|
|
|
| Basic earnings per share (cents) |
|
(29.4) |
74.1 |
44.7 |
(4.3) |
89.2 |
84.9 |
| – Diluted |
|
(29.3) |
74.0 |
44.7 |
(4.3) |
89.2 |
84.9 |
| |
|
|
|
|
|
|
|
| Pro forma headline earnings |
|
|
|
|
|
|
|
| per share (cents) |
|
13.1 |
104.4 |
117.5 |
8.7 |
88.8 |
97.5 |
| – Diluted |
|
13.0 |
104.3 |
117.3 |
8.7 |
88.8 |
97.5 |