Netcare Limited
Unaudited group interim results for the six months ended 31 March 2008

GROUP INCOME STATEMENT

 


      Unaudited   Unaudited        
      Six months   Six months       Audited
      ended   ended       Year ended
      31 March   31 March       30 September
      2008   2007   %   2007
  Note   Rm   Rm   change   Rm
CONTINUING OPERATIONS                  
Revenue     10 343   8 938   15,7   18 607
Cost of sales     (6 067)   (5 271)       (10 856)
Gross profit     4 276   3 667       7 751
Other income     127   148       204
Administrative and other expenses     (2 819)   (2 371)       (4 965)
Operating profit 7   1 584   1 444   9,7   2 990
Financial income 8   250   189       328
Financial expenses 9   (1 435)   (1 291)       (2 463)
Attributable (losses)/ earnings of                  
associates     (3)   15       32
Profit before taxation     396   357   10,9   887
Taxation 10   (85)   (94)       99
Profit for the period from continuing                  
operations     311   263   18,3   986
DISCONTINUED OPERATION                  
Profit for the period from discontinued                  
operation 6   50   39       109
Profit for the period     361   302   19,5   1 095
Attributable to:                  
Ordinary shareholders     319   279       927
Preference shareholders     32   30       30
Profit attributable to shareholders     351   309       957
Minority interest     10   (7)       138
      361   302       1 095
Earnings per share (cents)                  
Basic     25,3   22,9   10,5   75,4
   Continuing operations     21,3   19,7   8,1   66,5
   Discontinued operation     4,0   3,2   25,0   8,9
Diluted     24,7   21,7*   13,8   71,7
   Continuing operations     20,8   18,7   11,2   63,3
   Discontinued operation     3,9   3,0   30,0   8,4
                   
Reduction of capital per share (cents)     14,0   13,0   7,7   31,0
*Restated (refer to note 3)