Annual Financial Statements
Financial Statements for the year ended 31 December 2003
Income Statements
| for the year ended 31
December 2003 | |
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| Company | | | | | Group |
| 2002 | 2003 | | Rmillion | Note | | 2003 | 2002 |
| Restated | | | | | | | Restated |
| 4 102 | 4 406 | | REVENUE | | | 6 559 | 6 103 |
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| | | EARNINGS FOR THE YEAR |
| 528 | 219 | | Underlying operating profit | 14 | | 452 | 818 |
| 137 | 54 | | Dividends received from subsidiaries | 15 | | 19 | 71 |
| | | Valuation adjustments on financial |
| (16) | (230) | | instruments and other items | 16 | | (398) | (215) |
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| 649 | 43 | | EARNINGS BEFORE INTEREST AND TAX | | | 73 | 674 |
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| (40) | (150) | | Net financing costs | 17 | | (152) | (134) |
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| 609 | (107) | | (LOSS)/EARNINGS BEFORE EXCEPTIONAL ITEMS | | | (79) | 540 |
| 2 | 1 | | Exceptional items | 18 | | 7 | 6 |
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| 611 | (106) | | (LOSS)/EARNINGS BEFORE TAX | | | (72) | 546 |
| | | Tax | 19 |
| (99) | 62 | | (Loss)/earnings before exceptional items | | | 75 | (124) |
| 2 | 2 | | Exceptional items | | | 2 | 2 |
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| 514 | (42) | | (LOSS)/EARNINGS AFTER TAX | | | 5 | 424 |
| | | Share of associate company's loss | 5 | | (45) | (36) |
| | | Minority shareholders' share of loss | | | (1) |
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| 514 | (42) | | TOTAL NET (LOSS)/EARNINGS | | | (41) | 388 |
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| | | HEADLINE (LOSS)/EARNINGS | 20 | | (93) | 380 |
| | | (LOSS)/EARNINGS PER SHARE (cents) | 21 |
| | | Total net (loss)/earnings |
| | | Basic | | | (40,4) | 383,1 |
| | | Diluted | | | (40,3) | 377,2 |
| | | Headline (loss)/earnings |
| | | Basic | | | (91,7) | 375,2 |
| | | Diluted | | | (91,3) | 369,4 |
| | | DIVIDENDS PER SHARE (cents) | | | 120,0 | 270,0 |
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