DOWNLOADS
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INCOME STATEMENT
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2008 |
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2007 |
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2007 |
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First half |
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First half |
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Year |
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% |
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Unaudited |
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Unaudited |
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Audited |
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change |
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R millions |
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R millions |
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R millions |
| Continuing operations |
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| Revenue(2) |
+43 |
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5 659 |
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3 964 |
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8 521 |
| Net operating costs |
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5 132 |
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3 595 |
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7 764 |
| Profit from operations |
+43 |
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527 |
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369 |
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757 |
| Net income from pension fund employer |
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| surplus account |
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6 |
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24 |
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30 |
| Net income from plan assets for post- |
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| employment medical aid liabilities |
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(3) |
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36 |
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36 |
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530 |
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429 |
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823 |
| Fair value adjustments on derivative instruments |
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3 |
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4 |
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5 |
| Interest paid (net of interest capitalised)(3) |
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(104) |
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(88) |
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(159) |
| Interest received |
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19 |
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21 |
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28 |
| Income from associates and investments |
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8 |
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5 |
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12 |
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456 |
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371 |
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709 |
| Impairment of goodwill |
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(1) |
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(2) |
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(20) |
| Restucturing costs, disposals and other |
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| impairments |
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(6) |
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3 |
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2 |
| Profit before tax |
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449 |
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372 |
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691 |
| Tax |
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(146) |
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(119) |
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(218) |
| Net profit from continuing operations |
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303 |
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253 |
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473 |
| Net profit from discontinued operations |
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35 |
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11 |
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(6) |
| Profit before tax |
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|
40 |
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27 |
|
46 |
| Profit before tax |
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— |
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— |
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(117) |
| Impairments and disposals |
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|
5 |
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(9) |
|
64 |
| Tax |
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(10) |
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(7) |
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1 |
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| Net profit |
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338 |
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264 |
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467 |
| Attributable to preference and minority |
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| shareholders |
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12 |
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(3) |
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(12) |
| Profit attributable to ordinary shareholders |
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350 |
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261 |
|
455 |
| Headline earnings are derived from: |
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| Net profit attributable to ordinary shareholders |
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350 |
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261 |
|
455 |
| Impairment of goodwill |
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1 |
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2 |
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20 |
| Other impairments and disposals before tax |
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1 |
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6 |
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(66) |
| Tax effects of the above items |
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— |
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(2) |
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(17) |
| Headline earnings |
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|
352 |
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267 |
|
392 |
| Per ordinary share (cents): |
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| Headline earnings |
+35 |
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325 |
|
242 |
|
355 |
| Diluted headline earnings(4) |
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|
323 |
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239 |
|
352 |
| Attributable earnings |
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324 |
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236 |
|
412 |
| Diluted attributable earnings(4) |
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|
321 |
|
234 |
|
408 |
| Continuing earnings |
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|
291 |
|
226 |
|
417 |
| Diluted continuing earnings(4) |
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|
289 |
|
224 |
|
414 |
| Dividends declared |
+25 |
|
90 |
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72 |
|
213 |
| Dividends paid |
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|
141 |
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141 |
|
213 |
| Ordinary shares (millions)(5) |
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| – in issue |
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107 |
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110 |
|
110 |
| – weighted average number of shares |
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|
108 |
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110 |
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110 |
| – diluted weighted average number of shares |
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109 |
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112 |
|
111 |
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