Earnings releases
Interim Results for the half-year ended 30 June 2007
| Condensed consolidated |
|
Unaudited |
|
Unaudited |
|
Audited |
| |
|
Half-year |
|
Half-year |
|
Year ended |
| |
|
30 June |
|
30 June |
|
31 December |
| |
|
2007 |
|
2006 |
|
2006 |
| Rmillion |
Note |
|
|
Restated |
|
Restated |
|
| Revenue - continuing operations |
|
2 434 |
|
2 269 |
|
5 110 |
| |
|
|
|
|
| Profit from Tongaat Hulett operations |
|
308 |
|
307 |
|
726 |
| BEE IFRS 2 charge and transaction costs |
1 |
(354) |
|
|
|
|
| Exchange rate translation gain |
|
3 |
|
46 |
|
57 |
| Exceptional items |
|
5 |
|
22 |
|
26 |
| Fair value adjustment of investment in Hulamin |
2 |
3 348 |
|
|
|
|
| |
|
|
|
|
| Operating profit after corporate transactions |
|
3 310 |
|
375 |
|
809 |
| Share of associate company's loss |
|
0 |
|
0 |
|
(4) |
| Net financing costs |
3 |
(37) |
|
15 |
|
88 |
| |
|
|
|
|
| Profit before tax |
|
3 273 |
|
390 |
|
893 |
| Tax |
4 |
(106) |
|
(113) |
|
(238) |
| |
|
|
|
|
| Net profit after tax |
|
3 167 |
|
277 |
|
655 |
| Discontinued operation |
|
|
|
|
|
|
| Hulamin (50%) |
|
42 |
|
43 |
|
69 |
| |
|
|
|
|
| Net profit for the period |
|
3 209 |
|
320 |
|
724 |
| |
|
|
|
|
| |
|
|
|
|
|
|
| Attributable to: |
|
|
|
|
|
|
| Shareholders |
|
3 198 |
|
317 |
|
723 |
| Minority interest |
|
11 |
|
3 |
|
1 |
| |
|
|
|
|
| |
|
3 209 |
|
320 |
|
724 |
| |
|
|
|
|
| Headline (loss/earnings attributable to shareholders |
5 |
(155) |
|
297 |
|
703 |
| |
|
|
|
|
| |
|
|
|
|
|
|
| Earnings per share (cents) |
|
|
|
|
|
|
| Net profit per share |
|
|
|
|
|
|
| Basic |
|
2 993,9 |
|
302,1 |
|
685,3 |
| Diluted |
|
2 935,0 |
|
294,0 |
|
667,8 |
| |
|
|
|
|
|
|
| Headline (loss)/earnings per share |
|
|
|
|
|
|
| Basic |
|
(145,1) |
|
283,1 |
|
666,4 |
| Diluted |
|
(142,3) |
|
275,5 |
|
649,4 |
| |
|
|
|
|
|
|
| Dividend per share (cents) |
|
150,0 |
|
200,0 |
|
550,0 |
| |
|
|
|
|
|
|
| Currency conversion |
|
|
|
|
|
|
| Rand/US dollar average |
|
7,16 |
|
6,31 |
|
6,77 |
| Rand/US dollar closing |
|
7,05 |
|
7,15 |
|
7,00 |
| Rand/GB pound closing |
|
14,14 |
|
13,21 |
|
13,73 |
|