Financial results

Interim Results
For the six months ended 31 December 2008

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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 period ended 31 December 2008   (Rand million unless otherwise stated)
 
change 
Unaudited 
six months to 
31 December  2008 
Unaudited 
six months to 
31 December  2007 
Unaudited 
year to 
30 June 2008 

Trading profit before depreciation   214  227  463 
BEE share option expense       (25)
Depreciation   (20) (21) (41)
Profit on sale of property, plant and equipment  

Trading profit (7) 194  208  399 
Net investment income   10  20 

Profit before interest paid   204  217  419 
Interest paid   (7) (7) (14)

Profit before taxation (6) 197  210  405 
Taxation   (58) (67) (128)

Profit for the year (3) 139  143  277 

Attributable to:
Equity holders of the parent   136 142  275 
Minority interests  

  (3) 139  143  277 

Number of shares in issue (000’s)*   793 893  796 308  793 823 
Earnings per share (cents) (4) 17,1  17,8  34,6 
Headline earnings per share (cents) (2) 17,1  17,5  34,4 
Adjusted headline earnings per share (cents) (2) 17,1  17,5  37,5 
Diluted earnings per share (cents) (3) 17,1  17,7  34,4 
Diluted headline earnings per share (cents) (2) 17,1  17,4  34,2 
Dividends per share (cents) 50  6,0  4,0 12,0 
Reconciliation of Headline Earnings
Earnings attributable to ordinary shareholders   136  142  275 
Profit on sale of property, plant and equipment   (2) (2)

Headline earnings (3) 136  140  273 

Reconciliation of Shares In Issue*
Total number of shares issued (000’s)   909 800  909 800  909 800 
Share Incentive Trust shares (000’s)   27 907  25 492  27 977 
BEE treasury shares (000's)   88 000  88 000  88 000 

Shares in issue to external parties (000’s) 793 893  796 308  793 823