| |
|
|
GROUP |
|
COMPANY |
|
| R millions |
Note |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
| REVENUE |
18 |
|
13 397 |
|
11 569 |
|
4 341 |
|
3 598 |
|
| Net operating costs |
19 |
|
(12 081) |
|
(10 507) |
|
(4 134) |
|
(3 406) |
|
| PROFIT FROM OPERATIONS |
|
|
1 316 |
|
1 062 |
|
207 |
|
192 |
|
| Net income/(loss) from Pension Fund employer surplus accounts |
5 |
|
29 |
|
(6) |
|
29 |
|
(6) |
|
| Net income/(loss) from plan assets for post-retirement medical aid liabilities |
15 |
|
5 |
|
(5) |
|
2 |
|
(6) |
|
| |
|
|
1 350 |
|
1 051 |
|
238 |
|
180 |
|
| Fair value adjustments – interest |
|
|
2 |
|
2 |
|
(1) |
|
(1) |
|
| Interest expense |
20 |
|
(236) |
|
(175) |
|
(257) |
|
(273) |
|
| Interest received |
21 |
|
27 |
|
21 |
|
279 |
|
307 |
|
| Investment income |
22 |
|
– |
|
– |
|
113 |
|
88 |
|
| Share of profit of associate companies |
7 |
|
1 |
|
2 |
|
|
|
|
|
| |
|
|
1 144 |
|
901 |
|
372 |
|
301 |
|
| Impairment of goodwill |
4 |
|
– |
|
(28) |
|
– |
|
(23) |
|
| Impairment of property, plant and equipment |
1 |
|
– |
|
(4) |
|
– |
|
– |
|
| Profit on acquisition of subsidiary |
|
|
– |
|
4 |
|
– |
|
– |
|
| Reversal of impairment of investments |
19 |
|
– |
|
– |
|
26 |
|
28 |
|
| PROFIT BEFORE TAX |
|
|
1 144 |
|
873 |
|
398 |
|
306 |
|
| Income tax expense |
23 |
|
(306) |
|
(233) |
|
(98) |
|
(74) |
|
| PROFIT FOR THE YEAR |
|
|
838 |
|
640 |
|
300 |
|
232 |
|
| ATTRIBUTABLE TO: |
|
|
|
|
|
|
|
|
|
|
| Ordinary shareholders |
|
|
777 |
|
600 |
|
298 |
|
230 |
|
| Preference shareholders |
|
|
2 |
|
2 |
|
2 |
|
2 |
|
| Non-controlling interest |
|
|
59 |
|
38 |
|
|
|
|
|
| |
|
|
838 |
|
640 |
|
300 |
|
232 |
|
| PER ORDINARY SHARE (CENTS) |
|
|
|
|
|
|
|
|
|
|
| – Basic earnings |
24 |
|
724 |
|
559 |
|
|
|
|
|
| – Diluted basic earnings |
24 |
|
723 |
|
558 |
|
|
|
|
|
| – Headline earnings |
24 |
|
720 |
|
577 |
|
|
|
|
|
| – Diluted headline earnings |
24 |
|
719 |
|
575 |
|
|
|
|
|
| – Ordinary dividends paid |
25 |
|
213 |
|
132 |
|
|
|
|
|
| – Ordinary dividends declared after the reporting date |
25 |
|
179 |
|
135 |
|
|
|
|
|
