Earnings releases


Interim Results for the half-year ended 30 June 2003


INCOME STATEMENT

  
  Unaudited   Unaudited       Audited
  Half-year   Half-year   % change   Year ended
  30 June   30 June   on prior   31 December
Rmillion 2002   2001   half-year   2001

Revenue – continuing operations 2 976   2 552   17   5 121
 
 
     
Continuing operations              
   Operating earnings 382   306   25   584
   Triangle dividend 31   22       76
   Net interest paid (63)   (55)       (75)
 
 
     
Earnings from continuing operations 350   273   28   585
               
Exchange rate translation (loss)/gain (57)   5       255
Discontinued operations     (5)       (11)
 
 
     
Earnings before exceptional items 293   273   7   829
Exceptional items 2   (1)       (5)
 
 
     
Earnings before tax 295   272   8   824
               
Tax (70)   (55)       (196)
   Earnings before exceptional items (70)   (60)       (206)
   Exceptional items     5       10
 
 
     
Earnings after tax 225   217   4   628
               
Share of associate company’s loss (5)   (10)       (20)
Minority shareholders’ share of loss      1         1
 
 
     
Total net earnings 220   208   6   609
 
 
     
Earnings per share (cents)              
   Total net earnings              
      Basic 217,3   206,2       603,4
      Diluted 212,9   205,0       597,4
               
   Headline earnings (basic)              
      Including translation (loss)/gain 215,4   202,2   7   598,4
      Excluding translation (loss)/gain 265,8   198,2   34   397,3
               
Dividend per share (cents) 80,0   62,0   29   270,0