for the six months ended 31 December 2007
R millions |
Unaudited
6 months
31.12.07 |
Unaudited
6 months
31.12.06 |
Audited
Annual
30.6.07 |
| Revenue |
12 765 |
8 214 |
18 037 |
| Earnings before interest, exceptional items, depreciation and amortisation |
1 289 |
718 |
1 803 |
| Depreciation |
(265) |
(144) |
(290) |
| Amortisation of intangible assets |
(19) |
(11) |
(23) |
| Earnings before interest and exceptional items |
1 005 |
563 |
1 490 |
| Exceptional items (note 5) |
104 |
(43) |
(161) |
| Earnings before interest and taxation |
1 109 |
520 |
1 329 |
| Net interest expense |
(11) |
(25) |
(18) |
| Earnings before taxation |
1 098 |
495 |
1 311 |
| Taxation |
(249) |
(139) |
(360) |
| Earnings after taxation |
849 |
356 |
951 |
| Share of profit/(loss) from associates |
3 |
31 |
(107) |
| Earnings from continuing operations |
852 |
387 |
844 |
| Earnings from discontinued operations (note 2) |
– |
13 |
(48) |
| Earnings for the period |
852 |
400 |
796 |
| Attributable to: |
|
|
|
| Shareholders of the holding company |
699 |
360 |
702 |
| Minority shareholders |
153 |
40 |
94 |
| |
852 |
400 |
796 |
| Earnings per share (cents) |
|
|
|
| – Diluted |
230 |
121 |
235 |
| – Basic |
235 |
123 |
239 |
| Total dividend per ordinary share (cents)* |
77 |
45 |
116 |
| Operating cash flow per share (cents) |
471 |
146 |
583 |
| * Based on period to which dividend relates |
|
|
|
| Supplementary income statement information |
|
|
|
| Reconciliation of weighted average number of shares in issue (000) |
|
|
|
| Ordinary shares in issue |
331 893 |
331 893 |
331 893 |
| Less: Weighted average number of shares held by The Murray & Roberts Trust |
(5 448) |
(9 889) |
(8 335) |
| Less: Weighted average number of shares held by Murray & Roberts Limited |
(676) |
(676) |
(676) |
| Less: Weighted average number of shares held by the Letsema BBBEE trusts |
(28 953) |
(28 953) |
(28 953) |
| Weighted average number of shares used for basic per share figures |
296 816 |
292 375 |
293 929 |
| Add: Dilutive adjustment for share options |
7 545 |
6 311 |
4 326 |
| Weighted average number of shares used for diluted per share figures |
304 361 |
298 686 |
298 255 |
| Headline earnings per share (cents) (note 6) |
|
|
|
| – Diluted |
216 |
135 |
325 |
| – Basic |
221 |
138 |
329 |
