HEADLINE EARNINGS
| |
Unaudited |
|
Unaudited |
|
|
|
|
| |
Six months |
|
Six months |
|
|
|
Audited |
| |
ended |
|
ended |
|
|
|
Year ended |
| |
31 March |
|
31 March |
|
|
|
30 September |
| |
2008 |
|
2007 |
|
% |
|
2007 |
| |
Rm |
|
Rm |
|
change |
|
Rm |
| Reconciliation of headline earnings |
|
|
|
|
|
|
|
| Profit for the period from continuing operations |
311 |
|
263 |
|
18,3 |
|
986 |
| Less: |
|
|
|
|
|
|
|
| Preference shareholders |
(32) |
|
(30) |
|
|
|
(30) |
| Minority interest |
(10) |
|
7 |
|
|
|
(138) |
| Earnings used in the calculation of basic |
|
|
|
|
|
|
|
| earnings per share from continuing |
|
|
|
|
|
|
|
| operations |
269 |
|
240 |
|
12,1 |
|
818 |
| Adjusted for: |
|
|
|
|
|
|
|
| Impairment of goodwill |
|
|
12 |
|
|
|
16 |
| Impairment of intangible assets |
|
|
|
|
|
|
40 |
| Impairment of investments |
|
|
|
|
|
|
1 |
| Impairment of land and buildings |
1 |
|
|
|
|
|
|
| Reversal of impairment of property, |
|
|
|
|
|
|
|
| plant and equipment |
|
|
|
|
|
|
(11) |
| Profit on disposal of property, plant and |
|
|
|
|
|
|
|
| equipment |
(21) |
|
|
|
|
|
(1) |
| Profit on disposal of subsidiaries/investments |
(3) |
|
(2) |
|
|
|
(1) |
| Tax effect of headline adjusting items |
3 |
|
|
|
|
|
|
| Minority share of headline adjusting items |
|
|
|
|
|
|
(16) |
| Headline earnings from continuing operations |
249 |
|
250 |
|
|
|
846 |
| Earnings from discontinued operation |
50 |
|
39 |
|
|
|
109 |
| Adjusted for: |
|
|
|
|
|
|
|
| Profit on disposal of property, plant and |
|
|
|
|
|
|
|
| equipment |
(1) |
|
|
|
|
|
|
| Headline earnings from discontinued |
|
|
|
|
|
|
|
| operation |
49 |
|
39 |
|
|
|
109 |
| Headline earnings |
298 |
|
289 |
|
3,1 |
|
955 |
| Headline earnings per share (cents) |
|
|
|
|
|
|
|
| Basic |
23,7 |
|
23,7 |
|
|
|
77,6 |
| Continuing operations |
19,8 |
|
20,5 |
|
(3,4) |
|
68,8 |
| Discontinued operation |
3,9 |
|
3,2 |
|
21,9 |
|
8,8 |
| Diluted |
23,1 |
|
22,5* |
|
2,7 |
|
73,8 |
| Continuing operations |
19,3 |
|
19,5 |
|
(1,0) |
|
65,4 |
| Discontinued operation |
3,8 |
|
3,0 |
|
26,7 |
|
8,4 |
| |
|
|
|
|
|
|
|
| *Restated (refer to note 3) |
|
|
|
|
|
|
|
|
