annual report 2008

annual financial statements: segmental report
for the year ended 31 March 2008

                   
        Group      
        Risk   Financial      
    Retail   services   services   Total  
Primary segment   Rm   Rm   Rm   Rm  
2008                  
Revenue   2 141.0   564.3   891.1   3 596.4  
Operating profit   307.3   175.4   447.7   930.4  
Operating margin   14.4%   31.1%   50.2%   25.9%  
Total assets   421.7   688.1   2 698.1   3 807.9  
Total current liabilities   114.7   139.9   751.2   1 005.8  
Capital expenditure   30.9   –   28.9   59.8  
Depreciation   22.3   –   18.6   40.9  
2007                  
Revenue   2 044.9   464.7   813.9   3 323.5  
Operating profit   321.7   183.4   354.8   859.9  
Operating margin   15.7%   39.5%   43.6%   25.9%  
Total assets   384.8   685.4   2 329.7   3 399.9  
Total current liabilities   151.9   125.9   501.9   779.7  
Capital expenditure   30.4   –   30.2   60.6  
Depreciation   19.8   –   19.1   38.9  
                   
        South          
        Africa   BLNS(*)   Total  
Geographical       Rm   Rm   Rm  
2008                  
Revenue       3 218.1   378.3   3 596.4  
Operating assets       3 460.5   317.8   3 778.3  
Capital expenditure       55.5   4.3   59.8  
                   
2007                  
Revenue       2 982.9   340.6   3 323.5  
Operating assets       3 027.6   269.4   3 297.0  
Capital expenditure       57.5   3.1   60.6  
                   
(*) Botswana, Lesotho, Namibia and Swaziland              
Note:   Segment revenues, expenses and results include transfers between business segments and between geographical segments.
  Such transfers are accounted for at arm’s length prices.