|
Supplementary information |
|
|
Figures in
R millions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.08.07 |
|
31.08.06 |
|
28.02.07 |
|
|
|
|
|
(Unaudited) |
|
(Unaudited) |
|
(Audited) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Borrowings |
|
|
|
480 |
|
373 |
|
386 |
|
- interest bearing |
|
|
306 |
|
198 |
|
182 |
|
- non-interest bearing |
|
|
22 |
|
2 |
|
32 |
|
- BEE funding obligation |
|
|
152 |
|
173 |
|
172 |
|
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
|
|
97 |
|
111 |
|
216 |
|
Amortisation |
|
|
|
13 |
|
6 |
|
19 |
|
Net foreign exchange gains |
|
16 |
|
55 |
|
65 |
|
|
|
|
|
|
|
|
|
|
|
Capital expenditure |
|
|
162 |
|
101 |
|
240 |
|
Contingent liabilities |
|
|
5 |
|
- |
|
6 |
|
Capital commitments |
|
|
433 |
|
82 |
|
61 |
|
Lease commitments |
|
|
574 |
|
575 |
|
590 |
|
Payable within the next 12 months: |
|
124 |
|
112 |
|
131 |
|
- property |
|
|
|
97 |
|
88 |
|
96 |
|
- plant, equipment and vehicles |
|
27 |
|
24 |
|
35 |
|
|
|
|
|
|
|
|
|
|
|
Payable thereafter: |
|
|
450 |
|
463 |
|
459 |
|
- property |
|
|
|
418 |
|
440 |
|
437 |
|
- plant, equipment and vehicles |
|
32 |
|
23 |
|
22 |
|
|
|
|
|
|
|
|
|
|
|
Unlisted investments (including Associates) |
|
|
|
|
|
|
- Carrying amount |
|
|
300 |
|
233 |
|
254 |
|
- Directors' valuation |
|
|
307 |
|
245 |
|
264 |
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of shares (millions) |
280 |
|
281 |
|
280 |
|
|
Ordinary shares |
|
94 |
|
94 |
|
94 |
|
|
Participating preference shares |
186 |
|
187 |
|
186 |
|
|
|
|
|
|
|
|
|
|
|
Diluted average number of shares (millions) |
286 |
|
284 |
|
287 |
|
|
|
|
|
|
|
|
|
|
|
Shares in issue at end of period (millions) |
281 |
|
279 |
|
280 |
|
- ordinary shares |
|
|
94 |
|
94 |
|
94 |
|
- participating preference shares |
|
187 |
|
185 |
|
186 |
|
|
|
|
|
|
|
|
|
|
|
Ratios and financial information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
1,012 |
|
828 |
|
1,763 |
|
Operating margin |
|
|
8.2% |
|
8.5% |
|
8.9% |
|
ROCE |
|
|
|
34.9% |
|
31.4% |
|
29.8% |
|
ROE |
|
|
|
27.3% |
|
23.5% |
|
23.0% |
|
ROA |
|
|
|
25.1% |
|
22.4% |
|
23.9% |
|
RONA |
|
|
|
35.6% |
|
32.1% |
|
30.5% |
|
Borrowings ratio |
|
|
10.2% |
|
9.0% |
|
8.1% |
|
Current ratio |
|
|
|
1.6:1 |
|
1.6:1 |
|
1.9:1 |
|
Acid test ratio |
|
|
|
1.1:1 |
|
1.2:1 |
|
1.2:1 |
Unaudited
consolidated interim financial results for the six months ended 31 August
2007