Headline earnings per share

Headline earnings are calculated applying the principles contained in SAICA circular 8/2007. The weighted average number of shares used is as per the income statement.

                  2007
              2008   Predecessor
              Actual   value
  Profit before                
  tax and           Headline   Headline
  minorities   Tax   Minorities   earnings   earnings
  R’000   R’000   R’000   R’000   R’000
Profit attributable to equity holders of                  
   the company 297 633   (89 841)   (26 901)   180 891   63 867
Loss/(profit) on disposal of property, plant                  
   and equipment 422   (118)     304   (152)
Profit on sale of group company         (4 933)
Profit on sale of investment         (482)
Negative goodwill (2 585)       (2 585)   (481)
Headline earnings       178 610   57 819