Condensed consolidated statement of financial performance
| |
|
|
|
Reviewed |
|
Audited |
|
| |
|
% |
|
June 2010 |
|
June 2009 |
|
| |
|
change |
|
R’000 |
|
R’000 |
|
| |
Revenue |
3 |
|
15 201 095 |
|
14 768 807 |
|
| |
Operating profit before non-trading items |
21 |
|
1 274 174 |
|
1 048 716 |
|
| |
(Impairment of goodwill)/realisation of negative goodwill |
|
|
(219) |
|
2 101 |
|
| |
Fair value adjustment to investments |
|
|
2 583 |
|
4 653 |
|
| |
Loss on disposal of investments |
|
|
(5 682) |
|
– |
|
| |
Share-based payment expense |
|
|
(8 922) |
|
(22 974) |
|
| |
Operating profit |
|
|
1 261 934 |
|
1 032 496 |
|
| |
Share of profits and losses in associates |
|
|
(30 385) |
|
31 480 |
|
| |
Income from investments |
|
|
279 505 |
|
328 704 |
|
| |
Operating income |
|
|
1 511 054 |
|
1 392 680 |
|
| |
Finance costs |
|
|
(17 018) |
|
(31 847) |
|
| |
Profit before taxation |
|
|
1 494 036 |
|
1 360 833 |
|
| |
Taxation |
|
|
(466 524) |
|
(398 033) |
|
| |
Profit for the year |
7 |
|
1 027 512 |
|
962 800 |
|
| |
Operating margin (%) |
|
|
8,4 |
|
7,1 |
|
| |
Profit attributable to |
|
|
|
|
|
|
| |
Equity shareholders of Wilson Bayly Holmes-Ovcon Limited |
|
|
954 282 |
|
889 928 |
|
| |
Non-controlling interests |
|
|
73 230 |
|
72 872 |
|
| |
|
|
|
1 027 512 |
|
962 800 |
|
| |
Reconciliation of headline earnings |
|
|
|
|
|
|
| |
Attributable profit |
|
|
954 282 |
|
889 928 |
|
| |
Adjustments net of tax: |
|
|
|
|
|
|
| |
(Impairment of goodwill)/net realisation of negative goodwill |
|
|
219 |
|
(2 101) |
|
| |
Loss on disposal of investments |
|
|
5 682 |
|
– |
|
| |
Profit on disposal of property, plant & equipment |
|
|
(2 666) |
|
(5 330) |
|
| |
Headline earnings |
8 |
|
957 517 |
|
882 497 |
|
| |
Ordinary shares |
|
|
|
|
|
|
| |
Issued (’000) |
|
|
66 000 |
|
66 000 |
|
| |
Weighted average number of shares (’000) |
|
|
54 791 |
|
54 787 |
|
| |
Diluted weighted average number of shares (’000) |
|
|
54 987 |
|
54 973 |
|
| |
Earnings per share (cents) |
7 |
|
1 741,7 |
|
1 624,3 |
|
| |
Diluted earnings per share (cents) |
|
|
1 735,5 |
|
1 618,8 |
|
| |
Headline earnings per share (cents) |
8 |
|
1 747,6 |
|
1 610,8 |
|
| |
Diluted headline earnings per share (cents) |
|
|
1 741,4 |
|
1 605,3 |
|
| |
Dividend per share (cents) |
|
|
330,0 |
|
300,0 |
|
|
