Earnings releases


Audited Results & Final Dividend Declaration for the year ended 31 December 2002


OTHER SALIENT FEATURES

   

  2002   2001
Rmillion   Restated
                                
Included in operating income      
   Foreign exchange (loss)/gain (38)   84
   Changes in fair value of financial instruments (51)   80
   Depreciaton 170   159
       
Net interest paid (100)   (82)*
   Interest paid (306)   (304)
   Financial instrument income 149   127
   Interest capitalised     27
   Interest received 57   68
      
* Includes R7 million relating to discontinued operations      
      
Exceptional items      
   Surplus on sale of property held as fixed assets 9   9
   Goodwill amortised (2)   (3)
   Surplus on disposal of subsidiaries     7
   Loss on disposal of operations     (8)
   Impairment of assets     (8)
   Other (1)   (2)
 
 
Exceptional items before tax 6   (5)
Tax 2   10
 
 
Exceptional items after tax 8   5
 
 
Capital commitments 311   142
   Contracted 90   75
   Approved but not contracted 221   67
       
Operating lease commitments 44   40
Guarantees and contingent liabilities 44   12
       
Applicable exchange rates      
   R/GB pound average 15,8   12,4
   R/US dollar average 10,5   8,6
   R/GB pound closing 13,8   17,4
   R/US dollar closing 8,6   12,0