| |
|
|
Six months ended |
|
|
|
| |
30 November |
|
30 November |
|
30 November |
|
| |
2007 |
|
2007 |
|
2006 |
|
| |
Pro forma |
|
Actual |
|
Restated |
|
| |
Unaudited |
|
Reviewed |
|
Unaudited |
|
| |
R’000 |
|
R’000 |
|
R’000 |
|
| Revenue |
6 174 559 |
|
5 797 260 |
|
4 104 239 |
|
| Other income |
22 268 |
|
15 451 |
|
26 611 |
|
| Cost of inventories sold |
(5 807 484) |
|
(5 471 583) |
|
(3 904 104) |
|
| Employee compensation and benefit expense |
(164 693) |
|
(166 420) |
|
(58 494) |
|
| Depreciation, amortisation and impairment charges |
(33 934) |
|
(18 928) |
|
(14 044) |
|
| Other expenses |
(83 109) |
|
(64 281) |
|
(37 503) |
|
| Operating profit |
107 607 |
|
91 499 |
|
116 705 |
|
| Finance income |
104 623 |
|
72 576 |
|
39 175 |
|
| Finance expense |
(52 142) |
|
(92 451) |
|
(51 384) |
|
| Share of profit/(loss) of associates |
(6 573) |
|
(4 353) |
|
962 |
|
| Profit for the period before taxation |
153 515 |
|
67 271 |
|
105 458 |
|
| Taxation |
(53 261) |
|
(26 568) |
|
(30 818) |
|
| Net profit for the period |
100 254 |
|
40 703 |
|
74 640 |
|
| |
|
|
|
|
|
|
| Reconciliation between net profit for the period |
|
|
|
|
|
|
| and core net profit for the period |
|
|
|
|
|
|
| Once off employee compensation and benefit expense net of tax |
56 800 |
|
56 800 |
|
– |
|
| Amortisation on intangibles raised through business combinations net of tax |
16 800 |
|
6 887 |
|
5 170 |
|
| Cancellation of commission contract |
9 000 |
|
9 000 |
|
– |
|
| Core net profit for the period |
182 854 |
|
113 390 |
|
79 810 |
|
| |
|
|
|
|
|
|
| Net profit for the period attributable to: |
100 254 |
|
40 703 |
|
74 640 |
|
| Equity holders of parent |
99 072 |
|
14 379 |
|
46 730 |
|
| Minority interest |
1 182 |
|
26 324 |
|
27 910 |
|
| Core net profit for the period attributable to: |
182 854 |
|
113 390 |
|
79 810 |
|
| Equity holders of parent |
180 707 |
|
85 095 |
|
49 477 |
|
| Minority interest |
2 147 |
|
28 295 |
|
30 333 |
|
| Earnings per share for profit attributable to equity holders (cents) |
|
|
|
|
|
|
| – Basic |
12.93 |
|
3.47 |
|
12.36 |
|
| – Headline |
13.10 |
|
3.79 |
|
9.35 |
|
| – Core |
23.58 |
|
20.55 |
|
13.09 |
|
| Weighted average number of shares |
766 360 894 |
|
414 166 131 |
|
378 097 993 |
|
| Number of shares in issue |
766 360 894 |
|
766 360 894 |
|
378 097 993 |
|
