Headline earnings

for the year ended 30 September

  Rm 2009   2008   % change   2007  
  Reconciliation of headline earnings                
  Profit for the period from continuing operations 1 117   877   27.4   986  
  Less:                
  Preference shareholders (73)   (67)       (30)  
  Non-controlling interest (114)   (114)       (138)  
  Earnings used in the calculation of basic earnings per                
  share from continuing operations 930   696   33.6   818  
  Adjusted for:                
  Impairment of goodwill     1       16  
  Impairment of intangible assets             40  
  Impairment of investments 2   1       1  
  Impairment of land and buildings 13   1          
  Reversal of impairment of property, plant and                
  equipment     (17)       (11)  
  Profit on disposal of property, plant and equipment (5)   (28)       (1)  
  Loss/(profit) on disposal of subsidiaries/investments     2       (1)  
  Tax effect of headline adjusting items 2   6          
  Non-controlling share of headline adjusting items     10       (16)  
  Headline earnings from continuing operations 942   672       846  
  Earnings from discontinued operation 634   105       109  
  Adjusted for:                
  Profit on disposal of property, plant and equipment     (2)          
  Profit on disposal of discontinued operation (678)              
  Tax effect of headline adjusting items 90              
  Headline earnings from discontinued operations 46   103       109  
  Headline earnings 988   775   27.5   955  
  Headline earnings per share (cents)                
  Basic 78.2   61.5   27.2   77.6  
     Continuing operations 74.6   53.3   40.0   68.8  
     Discontinued operation 3.6   8.2   (56.1)   8.8  
  Diluted 77.5   60.5   28.6   73.8  
     Continuing operations 73.9   52.5   41.3   65.4  
     Discontinued operation 3.6   8.0   (55.0)   8.4  
                   

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