Consolidated statement of financial performance

FOR THE YEAR ENDED 30 JUNE 2010

      NOTES   2010   2009  
          R’000   R’000  
 
Revenue
  16   15 201 095   14 768 807  
  Operating costs       (13 088 158)   (13 048 212)  
  Administrative costs       (838 763)   (671 879)  
 
Operating profit before non-trading items
    1 274 174   1 048 716  
  Impairment of goodwill   3   (219)   2 101  
  Share-based payment expense   27   (8 922)   (22 974)  
  Loss on part-disposal of investment       (5 682)    
  Fair value adjustments of financial assets       2 583   4 653  
 
Results from operating activities
  17   1 261 934   1 032 496  
  Investment income   18   279 505   328 704  
  Finance costs   19   (17 018)   (31 847)  
  Share of (losses)/profits of equity accounted investees (net of income tax)   4   (30 386)   31480  
 
Profit before taxation
      1 494 035   1 360 833  
  Income tax expense   20   (466 524)   (398 033)  
 
Profit for the year
      1 027 511   96 2800  
 
PROFIT ATTRIBUTABLE TO:
             
  Equity shareholders of Wilson Bayly Holmes-Ovcon Limited       961 485   889 928  
  Non-controlling interests       66 026   72 872  
 
Profit for the year
      1 02 7511   962 800  
  Weighted average number of shares (’000)   21   54 791   54 787  
  Diluted weighted average number of shares (’000)   21   54 987   54 973  
  Earnings per share (cents)   21   1 760,7   1 624,3  
  Diluted earnings per share (cents)   21   1 754,4   1 618,8  
  Dividend per share (cents)       330,0   300,0