group income statement
for the year ended 31 May 2008
| |
|
|
|
|
|
|
2007 |
|
| |
|
|
2008 |
|
2008 |
|
Predecessor |
|
| |
|
|
Pro forma** |
|
Actual |
|
value |
|
| |
|
|
unaudited |
|
audited |
|
audited |
|
| |
Notes |
|
R’000 |
|
R’000 |
|
R’000 |
|
| Revenue |
|
|
12 930 609 |
|
12 545 471 |
|
8 895 044 |
|
| Other income |
|
|
68 142 |
|
69 545 |
|
34 585 |
|
| Changes in inventories of finished goods |
|
|
(12 211 507) |
|
(11 875 606) |
|
(8 469 965) |
|
| Employee compensation and benefit expense |
|
|
(275 629) |
|
(265 003) |
|
(142 320) |
|
| Depreciation, amortisation and impairment charges |
|
|
(73 675) |
|
(58 670) |
|
(26 682) |
|
| Other expenses |
|
|
(164 686) |
|
(146 240) |
|
(88 208) |
|
| Operating profit |
18 |
|
273 254 |
|
269 497 |
|
202 454 |
|
| Finance costs |
19 |
|
(106 604) |
|
(147 704) |
|
(134 280) |
|
| Finance income |
19 |
|
239 470 |
|
193 281 |
|
96 029 |
|
| Share of losses from associates |
6 |
|
(19 661) |
|
(17 441) |
|
(956) |
|
| Net profit before taxation |
|
|
386 459 |
|
297 633 |
|
163 247 |
|
| Taxation |
20 |
|
(116 529) |
|
(89 841) |
|
(53 420) |
|
| Net profit for the year |
|
|
269 930 |
|
207 792 |
|
109 827 |
|
| |
|
|
|
|
|
|
|
|
| Equity holders of the parent |
|
|
269 423 |
|
180 891 |
|
63 867 |
|
| Minority interest |
|
|
507 |
|
26 901 |
|
45 960 |
|
| Earnings per share for profit attributable to equity holders (cents) |
|
|
|
|
|
|
|
|
| – Basic |
21 |
|
35,16 |
|
30,65 |
|
16,89 |
|
| – Headline |
21 |
|
34,86 |
|
30,26 |
|
15,29 |
|
** Refer to annexure 1 for a reconciliation between group net profit and group pro forma net profit.
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