Income statements
for the 12 months ended 28 February 2009 and 14 months ended 29 February 2008
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GROUP |
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COMPANY |
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2009 |
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2008 |
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2009 |
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2008 |
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Notes |
|
R'000 |
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R'000 |
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R'000 |
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R'000 |
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CONTINUING OPERATIONS |
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Revenue |
29 |
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4 837 123 |
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4 430 105 |
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– |
|
285 |
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Cost of sales |
31 |
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(3 724 735) |
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(3 349 604) |
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(48) |
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(78) |
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Gross profit |
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1 112 388 |
|
1 080 501 |
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(48) |
|
207 |
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Other income |
32 |
|
32 695 |
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31 620 |
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27 306 |
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47 754 |
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Administration expenses |
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(305 615) |
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(401 595) |
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(23 074) |
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(127 802) |
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Marketing and selling expenses |
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(451 956) |
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(448 173) |
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(3 581) |
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(4 108) |
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Other operating expenses |
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|
(160 910) |
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(153 548) |
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(1 490) |
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(3 422) |
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Operating profit/(loss) |
33 |
|
226 602 |
|
108 805 |
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(887) |
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(87 371) |
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Interest received |
34 |
|
19 782 |
|
7 869 |
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25 102 |
|
10 529 |
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Interest paid |
35 |
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(52 914) |
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(29 574) |
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(25 759) |
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(19 202) |
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Dividends received |
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|
– |
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– |
|
56 797 |
|
209 988 |
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Share of profits from associates |
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|
18 |
|
1 512 |
|
– |
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– |
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Impairment of investment |
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|
– |
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– |
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– |
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(6 726) |
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Impairment of loans |
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|
– |
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(145) |
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36 988 |
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(12 961) |
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Profit on disposal of property and equipment |
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|
667 |
|
409 |
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– |
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– |
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Profit on disposal of operations and subsidiaries |
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– |
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48 633 |
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– |
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43 495 |
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Profit before taxation |
|
|
194 155 |
|
137 509 |
|
92 241 |
|
137 752 |
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Taxation |
36 |
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(50 082) |
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(40 855) |
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(13 773) |
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(11 066) |
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Profit for the period from continuing operations |
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144 073 |
|
96 654 |
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78 468 |
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126 686 |
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DISCONTINUED OPERATIONS |
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Profit for the period from discontinued operations |
37 |
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– |
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30 314 |
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– |
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– |
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Profit for the period |
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|
144 073 |
|
126 968 |
|
78 468 |
|
126 686 |
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Profit for the period attributable to ordinary shareholders |
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|
144 073 |
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126 968 |
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78 468 |
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126 686 |
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Earnings per share |
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Basic (cents) |
38 |
|
272,8 |
|
258,5 |
|
– |
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– |
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Diluted (cents) |
38 |
|
271,8 |
|
253,4 |
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– |
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– |
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Distribution to shareholders during the year |
|
|
222 |
|
181 |
|
– |
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– |
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Interim dividend (cents) |
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62 |
|
55 |
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– |
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– |
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Final dividend (cents) in respect of prior year |
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|
100 |
|
126 |
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– |
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– |
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