Earnings releases


Interim Results for the half-year ended 30 June 2003


HEADLINE EARNINGS

           
  Unaudited   Unaudited   Audited
  Half-year   Half-year   Year ended
  30 June   30 June   31 December
Rmillion 2002   2001   2001

Total net earnings 220   208   609
Add/(less) after tax effect of:          
   Surplus on sale of property held as          
     fixed assets (3)   (7)   (9)
   Surplus on disposal of subsidiaries         (16)
   Loss on disposal/closure of operations     2   7
Goodwill amortised 1   1   3
Impairment of assets           8
Other         2
 
 
 
Headline earnings 218   204   604
Adjustment for translation loss/(gain) after tax 51   (4)   (203)
 
 
 
Headline earnings excluding translation (loss)/gain 269   200   401