| GLOBALISING MURRAY & ROBERTS |
| |
| The following tables are offered for information purposes only and have not been audited. |
| |
| The tables indicate what the pro forma effects would be on the Murray & Roberts group financial statements for the year
ended 30 June 2007, assuming that Clough was consolidated with effect from 1 July 2006 at 49,1%. Clough's income
statement was adjusted to proportionately consolidate joint venture income and exclude the A$131 million provision
raised on pre-acquisition contracts. |
| |
Group
as reported |
Clough |
Pro forma
adjustments |
Group
pro forma |
| |
2007 |
2007 |
2007 |
2007 |
| SUMMARISED INCOME STATEMENT (R millions) |
|
|
|
|
| Revenue |
17 874 |
4 310 |
– |
22 184 |
| EBIT |
1 437 |
210 |
– |
1 647 |
| Interest |
21 |
(63) |
– |
(42) |
| EBT |
1 458 |
147 |
– |
1 605 |
| Taxation |
(360) |
(28) |
– |
(388) |
| EAT |
1 098 |
119 |
– |
1 217 |
| Associate |
(107) |
– |
114 |
7 |
| Discontinued |
(48) |
– |
– |
(48) |
| Minorities |
(94) |
(8) |
(71) |
(173) |
| Exceptional items |
(147) |
28 |
– |
(119) |
| Attributable |
702 |
139 |
43 |
884 |
| Diluted headline earnings per share (cents)* |
325 |
|
|
376 |
| SUMMARISED BALANCE SHEET |
|
|
|
|
| Assets |
non-current |
4 175 |
867 |
(602) |
4 440 |
| |
current |
8 836 |
2 101 |
– |
10 937 |
| Liabilities |
non-current |
(1 103) |
(465) |
223 |
(1 345) |
| |
current |
(8 093) |
(2 124) |
– |
(10 217) |
| Permanent capital |
3 815 |
379 |
(379) |
3 815 |
| Net asset value per share (cents)** |
1 152 |
|
|
1 152 |
| * |
Clough earnings were adjusted for the impact of exceptional earnings. |
| ** |
Based on ordinary shareholders’ equity. |
|
|
