| |
|
2017
R’000 |
|
|
2016
R’000 |
|
| 2. |
Operating profit |
|
|
|
|
|
| |
Determined after charging (crediting) |
|
|
|
|
|
| |
Auditor’s remuneration (Deloitte & Touche) |
72 292 |
|
|
61 592 |
|
| |
Audit fees |
64 472 |
|
|
56 884 |
|
| |
Audit-related expenses |
1 021 |
|
|
705 |
|
| |
Consulting fees |
3 836 |
|
|
1 665 |
|
| |
Taxation services |
570 |
|
|
401 |
|
| |
Other attest services |
2 393 |
|
|
1 937 |
|
| |
Auditors’ remuneration (other auditors) |
8 191 |
|
|
5 909 |
|
| |
Audit fees |
5 685 |
|
|
3 415 |
|
| |
Audit-related expenses |
47 |
|
|
22 |
|
| |
Consulting fees |
332 |
|
|
120 |
|
| |
Taxation services |
625 |
|
|
842 |
|
| |
Other attest services |
1 502 |
|
|
1 510 |
|
| |
Depreciation of property, plant and equipment |
1 328 915 |
|
|
1 342 801 |
|
| |
Buildings |
350 |
|
|
1 367 |
|
| |
Leasehold premises |
72 584 |
|
|
71 037 |
|
| |
Plant and equipment |
361 967 |
|
|
364 172 |
|
| |
Office equipment, furniture and fittings |
260 050 |
|
|
250 305 |
|
| |
Vehicles, vessels and craft |
251 490 |
|
|
243 029 |
|
| |
Rental assets |
185 746 |
|
|
163 223 |
|
| |
Capitalised leased assets |
453 |
|
|
472 |
|
| |
Full maintenance lease assets |
196 275 |
|
|
249 196 |
|
| |
Depreciation of vehicle rental fleet |
217 449 |
|
|
137 399 |
|
| |
Amortisation of intangible assets |
95 204 |
|
|
106 740 |
|
| |
Patents, trademarks, tradenames and other intangibles |
16 710 |
|
|
23 984 |
|
| |
Computer software |
78 494 |
|
|
82 756 |
|
| |
Impairment of assets |
91 749 |
|
|
287 955 |
|
| |
Property, plant and equipment# |
(1 147) |
|
|
34 995 |
|
| |
Intangible assets# |
– |
|
|
102 021 |
|
| |
Goodwill# |
– |
|
|
52 111 |
|
| |
Banking and other advances |
11 429 |
|
|
2 325 |
|
| |
Trade receivables |
81 467 |
|
|
96 503 |
|
| |
Remeasurement to recoverable fair value of associates# |
(1 144 633) |
|
|
760 764 |
|
| |
Gain on a bargain purchase# |
(11 374) |
|
|
(9 310) |
|
| |
Directors’ emoluments* |
|
|
|
|
|
| |
Executive directors |
41 870 |
|
|
54 000 |
|
| |
Basic remuneration |
21 587 |
|
|
29 532 |
|
| |
Retirement and medical benefits |
1 975 |
|
|
3 580 |
|
| |
Other benefits and costs |
1 395 |
|
|
2 938 |
|
| |
Cash incentives |
16 913 |
|
|
17 950 |
|
| |
Non-executive directors |
11 535 |
|
|
10 132 |
|
| |
Fees – Company |
5 887 |
|
|
7 026 |
|
| |
– subsidiaries |
5 648 |
|
|
3 106 |
|
| |
Employer contributions to |
1 048 153 |
|
|
988 448 |
|
| |
Defined contribution pension funds |
50 195 |
|
|
48 593 |
|
| |
Provident funds |
627 910 |
|
|
593 612 |
|
| |
Retirement funds |
56 894 |
|
|
55 925 |
|
| |
Social securities |
6 448 |
|
|
6 712 |
|
| |
Medical aids |
306 706 |
|
|
283 606 |
|
| |
Net expense related to post-retirement obligations for current service costs |
4 485 |
|
|
40 552 |
|
| |
Defined benefit pension plans |
4 713 |
|
|
35 971 |
|
| |
Post-retirement medical aid obligations |
(228) |
|
|
948 |
|
| |
Defined benefit early retirement plan |
– |
|
|
3 633 |
|
| |
Share-based payment expense |
143 145 |
|
|
139 698 |
|
| |
Staff |
126 908 |
|
|
109 441 |
|
| |
Executive directors |
16 237 |
|
|
30 257 |
|
| |
Fees for administrative, managerial and technical services |
7 293 |
|
|
5 057 |
|
| |
Research and development expenditure |
1 578 |
|
|
1 041 |
|
| |
Foreign exchange losses (gains) on hedging activities |
2 827 |
|
|
9 309 |
|
| |
Forward exchange contracts |
(2 525) |
|
|
10 338 |
|
| |
Foreign bank accounts |
5 352 |
|
|
(1 029) |
|
| |
Other foreign exchange losses (gains) |
58 543 |
|
|
(100 303) |
|
| |
Realised |
13 943 |
|
|
(66 141) |
|
| |
Unrealised |
44 600 |
|
|
(34 162) |
|
| |
Income from investments |
(210 776) |
|
|
(156 694) |
|
| |
Dividends received from listed investments |
(30 796) |
|
|
(41 048) |
|
| |
Dividends received from unlisted investments |
(12) |
|
|
(700) |
|
| |
Profit on disposal |
(81 374) |
|
|
(47 851) |
|
| |
Fair value adjustments on investments held-for-trading |
(98 594) |
|
|
(67 095) |
|
| |
Net capital loss# |
129 566 |
|
|
234 659 |
|
| |
Net (profit) loss on disposal of property, plant and equipment |
(8 446) |
|
|
5 601 |
|
| |
Net loss on disposal of interests in subsidiaries and associates, and disposal and closure of businesses |
147 383 |
|
|
228 171 |
|
| |
Net (profit) loss on disposal of intangible assets |
(9 371) |
|
|
887 |
|
| |
Operating lease charges |
1 464 665 |
|
|
1 400 323 |
|
| |
Land and buildings |
1 259 850 |
|
|
1 188 203 |
|
| |
Equipment and vehicles |
204 815 |
|
|
212 120 |
|
| |
#Items above included as capital items on consolidated income statement |
(1 027 588) |
|
|
1 175 240 |
|