Financial results
Interim Results
For the six months ended 31 December 2004
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Commentary | Turnover analysis | Income statements | Segmental reporting | Balance sheets
Statement of changes in equity | Cash flow statement | Notes
Abridged group income statements
For the six months ended 31 December 2004
| (Rand 000's unless otherwise stated) | ||||
| % increase |
Unaudited six months to 31 December 2004 |
Unaudited six months to 31 December 2003 |
Audited year to 30 June 2004 |
|
| Trading profit before depreciation | 130 505 | 99 572 | 229 052 | |
| Depreciation | (10 308) | (5 654) | (15 395) | |
| Trading profit | 28,0 | 120 197 | 93 918 | 213 657 |
| Net investment income | 5 522 | 4 350 | 8 209 | |
| Goodwill amortised | (64) | |||
| Profit before taxation | 27,9 | 125 719 | 98 268 | 221 802 |
| Taxation | (39 472) | (29 848) | (66 888) | |
| Profit after taxation | 26,1 | 86 247 | 68 420 | 154 914 |
| Outside shareholders’ interest | (3 290) | (2 136) | (4 119) | |
| Earnings attributable to ordinary shareholders | 25,2 | 82 957 | 66 284 | 150 795 |
| Number of shares in issue (000’s) | 17 860 | 17 691 | 17 646 | |
| Earnings per share (cents) | 24,0 | 464,5 | 374,7 | 854,6 |
| Headline earnings per share (cents) | 23,9 | 463,9 | 374,3 | 856,3 |
| Ordinary dividend per share (cents) | 110,0 | 70,0 | 160,0 | |
| Special dividend per share (cents) | 140,0 | |||
| Reconciliation of Headline Earnings | ||||
| Earnings attributable to ordinary shareholders | 82 957 | 66 270 | 150 795 | |
| (Profit)/loss on sale of fixed assets | (110) | (45) | 241 | |
| Goodwill amortised | 64 | |||
| Headline earnings | 25,1 | 82 847 | 66 225 | 151 100 |
| Reconciliation of Shares In Issue | ||||
| Total number of shares issued | 18 677 | 18 677 | 18 677 | |
| Share Incentive Trust shares | 817 | 986 | 1 031 | |
| Shares in issue to external parties | 17 860 | 17 691 | 17 646 | |