| FOR THE YEAR ENDED 30 JUNE 2005 |
|
|
|
| |
|
|
|
| R million |
Notes |
2005 |
2004 |
|
|
|
|
| Revenue |
12 |
245 |
115 |
| |
|
|
|
| Net interest income |
13 |
102 |
98 |
| Other net expenses |
13 |
(110) |
(46) |
| Impairment and amortisation of goodwill |
|
(31) |
(300) |
| Impairment of investments and assets |
|
(7) |
(6) |
| Net operating deficit |
|
(46) |
(254) |
| Negative goodwill arising on acquisitions |
|
158 |
– |
| Capital surplus on disposal of investments |
15 |
200 |
20 |
| Consolidated profit/(loss) before tax |
|
312 |
(234) |
| Share of after-tax profit of associated companies |
|
839 |
680 |
 |
|
|
|
| – Profit from operations |
|
891 |
700 |
| – Impairment and amortisation of goodwill |
|
(21) |
(20) |
| – Impairment of investments and assets |
|
(33) |
(4) |
| – Capital surplus on disposal of investments |
|
2 |
4 |
|
|
|
|
| Profit before taxation |
|
1 151 |
446 |
| Taxation |
16 |
(57) |
(14) |
| Net profit for the year |
|
1 094 |
432 |
| |
|
|
|
| Reconciliation of headline earnings: |
|
|
|
| Basic earnings – net profit for the year |
|
1 094 |
432 |
| Plus/(minus) – attributable to own members: |
|
|
|
| – Impairment and amortisation of goodwill |
|
52 |
320 |
| – Impairment of investments and assets |
|
41 |
9 |
| – Negative goodwill arising on acquisitions |
|
(158) |
– |
| – Capital surplus on disposal of investments |
|
(189) |
(24) |
| – (Surplus)/loss on disposal of property, plant and |
|
|
|
| equipment |
|
(2) |
3 |
| Headline earnings |
|
838 |
740 |
| |
|
|
|
| |
% change |
|
|
| Headline earnings per share (cents) |
25.4 |
189.8 |
151.4 |
| – Diluted |
25.0 |
188.7 |
151.0 |
|
|
|
|
| Basic earnings per share (cents) |
180.3 |
247.8 |
88.4 |
| – Diluted |
179.7 |
246.4 |
88.1 |
Consolidated
income
statement