|
| | 12 months
ended
31 March
2005 | | 12 months
ended
31 March 2004 |
| | Rm | % | Rm |
| | Notes | Audited | change | Audited |
| Revenue | 3 | 2 511.5 | 10.4 | 2 274.7 |
| Cost of sales | | (1 050.9) | | (919.6) |
| Gross profit | | 1 460.6 | | 1 355.1 |
| Bad debts and impairment provision | 4 | (101.6) | | (115.1) |
| Depreciation | | (37.3) | | (38.7) |
| Employment costs | | (409.4) | | (367.8) |
| Occupancy costs | | (89.2) | | (83.4) |
| Other operating costs | | (233.4) | | (244.5) |
| Operating profit | | 589.7 | 16.6 | 505.6 |
| Investment income | | 45.9 | | 34.9 |
| Profit before finance costs | | 635.6 | 17.6 | 540.5 |
| Net finance costs | 5 | (42.7) | | (141.7) |
| Profit before taxation | | 592.9 | 48.7 | 398.8 |
| Taxation | | (184.0) | | (111.5) |
| Net profit attributable to ordinary shareholders | | 408.9 | 42.3 | 287.3 |
| Reconciliation of headline earnings | | | | |
| Net profit attributable to ordinary shareholders | | 408.9 | | 287.3 |
| Adjusted for | | | | |
| Amortisation of negative goodwill | | – | | (1.0) |
| Profit on disposal of property, plant and equipment | | (4.7) | | (3.1) |
| Disposal/impairment of available-for-sale assets | | (1.6) | | 3.5 |
| Taxation effect | | 1.7 | | 0.9 |
| Headline earnings | | 404.3 | 40.6 | 287.6 |
| Number of ordinary shares (000) | | | | |
| In issue | | 100 000 | | 100 000 |
| Weighted average | | 100 000 | | 100 000 |
| Fully diluted weighted average | | 100 000 | | 100 000 |
| Earnings per share (cents) | | 408.9 | 42.3 | 287.3 |
| Headline earnings per share (cents) | | 404.3 | 40.6 | 287.6 |
| Fully diluted earnings per share (cents) | | 408.9 | 42.3 | 287.3 |
| Fully diluted headline earnings per share (cents) | | 404.3 | 40.6 | 287.6 |
