|
Supplementary information |
|
|
|
R millions |
|
|
|
|
|
2007 |
|
2006 |
|
|
|
|
|
(Audited) |
|
(Audited) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Borrowings |
|
386
|
|
535 |
|
- interest bearing |
|
182
|
|
328 |
|
- non interest bearing |
|
32 |
|
34 |
|
- BEE funding obligation |
|
172
|
|
173 |
|
|
|
|
|
|
|
|
|
Depreciation |
|
216
|
|
202 |
|
Amortisation |
|
19 |
|
11 |
|
Net foreign exchange gains |
|
65 |
|
16 |
|
|
|
|
|
|
|
|
|
Capital expenditure |
|
240
|
|
315 |
|
Contingent liabilities |
|
6 |
|
27 |
|
Capital commitments |
|
61 |
|
70 |
|
Lease commitments |
|
590
|
|
484 |
|
Payable within the next 12 months: |
|
131
|
|
117 |
|
- property |
|
|
96
|
|
84 |
|
- plant, equipment and vehicles |
|
35
|
|
33 |
|
|
|
|
|
|
|
|
|
Payable thereafter: |
|
459
|
|
367 |
|
- property |
|
|
437
|
|
348 |
|
- plant, equipment and vehicles |
|
22
|
|
19 |
|
|
|
|
|
|
|
|
|
Unlisted investments (including Associates) |
|
|
|
|
|
- Carrying amount |
|
254
|
|
228 |
|
- Directors' valuation |
|
264
|
|
237 |
|
|
|
|
|
|
|
|
|
Weighted average number of shares (millions) |
|
280
|
|
280 |
|
|
Ordinary shares |
|
94 |
|
94 |
|
|
Participating preference shares |
|
186
|
|
186 |
|
|
|
|
|
|
|
|
|
Diluted average number of shares (millions) |
|
287
|
|
283
|
|
|
|
|
|
|
|
|
|
Shares in issue at end of period (millions) |
|
280 |
|
282 |
|
- ordinary shares |
|
94 |
|
94 |
|
- participating preference shares |
|
186 |
|
188 |
|
|
|
|
|
|
|
|
|
Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
1,763
|
|
1,253 |
|
Operating margin |
|
8.9% |
|
7.5% |
|
ROCE |
|
|
|
29.8% |
|
22.8% |
|
ROE |
|
|
|
23.2% |
|
18.2% |
|
ROA |
|
|
|
23.9% |
|
20.6% |
|
RONA |
|
|
|
30.5% |
|
23.8% |
|
Borrowings ratio |
|
8.1% |
|
13.3% |
|
Current ratio |
|
1.9:1 |
|
1.7:1 |
|
Acid test ratio |
|
1.2:1 |
|
1.3:1 |
Abridged
audited consolidated financial statements for the year ended 28 February
2007