Earnings releases


Audited Results & Final Dividend Declaration for the year ended 31 December 2003


SEGMENTAL ANALYSIS


RevenueUnderlyingEBITTotalTotalCapitalCapitalDepreciation
OperatingAssetsLiabilitiesEmployedExpenditure
RmillionProfit
2003
African Products1 487114(104)1 9847921 2968169
Hulett Aluminium (50%)1 6002232 5907002 3405552
Moreland2269290428180248
Tongaat-
Hulett Sugar
3 2462632142 4075821 989212101
Corporate(39)(69)90499487431
Triangle dividend19
Exchange rate translation loss(80)

Group total6 559452738 3133 2486 747351223

2002 (Restated)
African Products1 4702622362 0839001 42810777
Hulett Aluminium (50%)1 6231791362 6268432 4023134
Moreland1462020405114292
Tongaat-
Hulett Sugar
2 8643914202 3306281 85311997
Corporate(34)(58)96536294951
Triangle dividend71
Exchange rate translation loss(151)

Group total6 1038186748 4092 8476 924262209