Earnings releases


Audited Results & Final Dividend Declaration for the year ended 31 December 2005


NOTES


  2005   2004
      Restated
Rmillion   for IFRS

1.  Operating profit      
Operating profit includes results of operations, Triangle dividends, restructure costs, valuation adjustments and exceptional items, as disclosed in the segmental analysis.
 
2.  Net financing costs      
Interest paid (131)   (275)
Financial instrument income 33   112
Interest received 38   70
 
 
  (60)   (93)
 
 
3.  Tax      
Normal (51)   (51)
Deferred (113)   22
Rate change adjustment - deferred 28    
Secondary tax on companies (26)   (12)
 
 
  (162)   (41)
 
 
4.  Capital expenditure commitments      
Contracted 112   52
Approved but not contracted 187   86
 
 
  299   138
 
 
5.  Operating lease commitments 39   57
 
 
6.  Guarantees and contingent liabilities 44   34
 
 
7.
  
Trade and other payables
Included in trade and other payables is the maize obligation (interest bearing) of R110 million (2004: R218 million).
 
8.
  
Audited results
The results for the year ended 31 December 2005 have been audited by Deloitte & Touche. Their unqualified audit opinion is available for inspection at the registered office of the company.