Earnings releases


Interim Results for the half-year ended 30 June 2003


INCOME STATEMENT

   

Unaudited Unaudited Audited
Half-year Half-year Year ended
30 June 30 June 31 December
2003 2002 2002
Rmillion Note Restated
Revenue 3 021 2 809 6 103



Underlying operating profit 233 387 802
Triangle dividend 31 71
Valuation adjustments on    
  financial instruments 
  and other items
1 (375) (74) (215)



(Loss)/earnings before
   interest and tax
(142) 344 658
Net interest paid 2 (62) (55) (100)



(Loss)/earnings before 
  exceptional items
(204) 289 558
Exceptional items 2 6



(Loss)/earnings before tax (204) 291 564
Tax 3 29 (63) (127)



(Loss)/earnings after tax (175) 228 437
Share of associate 
  company's loss
(15) (21) (36)



Total net (loss)/earnings (190) 207 401



(Loss)/earnings per share (cents)
Total net (loss)/earnings
Basic (187,4) 204,5 396,0
Diluted (186,5) 200,4 389,8
Headline (loss)/earnings
Basic (187,4) 202,5 388,1
Diluted (186,5) 198,4 382,0
Dividend per share (cents) 40,0 80,0 270,0
Currency conversion
Rand/US dollar average 8,03 10,99 10,48
Rand/US dollar closing 7,48 10,37 8,58
Rand/GB pound closing 12,37 15,85 13,81