| |
|
2018
R’000 |
|
|
|
|
2017
R’000 |
|
|
| Determined after charging (crediting) |
|
|
|
|
|
|
|
|
|
| Auditor’s remuneration (Deloitte & Touche) |
|
78 527 |
|
|
|
|
72 292 |
|
|
| Audit fees |
|
68 565 |
|
|
|
|
64 472 |
|
|
| Audit related expenses |
|
781 |
|
|
|
|
1 021 |
|
|
| Consulting fees |
|
6 270 |
|
|
|
|
3 836 |
|
|
| Taxation services |
|
1 240 |
|
|
|
|
570 |
|
|
| Other attest services |
|
1 671 |
|
|
|
|
2 393 |
|
|
| Auditors’ remuneration (other auditors) |
|
12 218 |
|
|
|
|
8 191 |
|
|
| Audit fees |
|
9 022 |
|
|
|
|
5 685 |
|
|
| Audit related expenses |
|
55 |
|
|
|
|
47 |
|
|
| Consulting fees |
|
155 |
|
|
|
|
332 |
|
|
| Taxation services |
|
840 |
|
|
|
|
625 |
|
|
| Other attest services |
|
2 146 |
|
|
|
|
1 502 |
|
|
| Depreciation of property, plant and equipment |
|
1 409 788 |
|
|
|
|
1 328 915 |
|
|
| Buildings |
|
2 188 |
|
|
|
|
350 |
|
|
| Leasehold premises |
|
84 579 |
|
|
|
|
72 584 |
|
|
| Plant and equipment |
|
400 158 |
|
|
|
|
361 967 |
|
|
| Office equipment, furniture and fittings |
|
291 532 |
|
|
|
|
260 050 |
|
|
| Vehicles, vessels and craft |
|
257 361 |
|
|
|
|
251 490 |
|
|
| Rental assets |
|
202 522 |
|
|
|
|
185 746 |
|
|
| Capitalised leased assets |
|
351 |
|
|
|
|
453 |
|
|
| Full maintenance lease assets |
|
171 097 |
|
|
|
|
196 275 |
|
|
| Depreciation of vehicle rental fleet |
|
134 077 |
|
|
|
|
217 449 |
|
|
| Amortisation of intangible assets |
|
136 773 |
|
|
|
|
95 204 |
|
|
| Patents, trademarks, tradenames and other intangibles |
|
46 672 |
|
|
|
|
16 710 |
|
|
| Computer software |
|
90 101 |
|
|
|
|
78 494 |
|
|
| Impairment of assets |
|
110 541 |
|
|
|
|
91 749 |
|
|
| Property, plant and equipment# |
|
3 311 |
|
|
|
|
(1 147) |
|
|
| Intangible assets# |
|
1 115 |
|
|
|
|
– |
|
|
| Goodwill# |
|
15 258 |
|
|
|
|
– |
|
|
| Banking and other advances |
|
16 108 |
|
|
|
|
11 429 |
|
|
| Trade receivables |
|
74 749 |
|
|
|
|
81 467 |
|
|
| Compensation received on scrapping, loss or impairment of property plant and equipment# |
|
(85 702) |
|
|
|
|
– |
|
|
| Remeasurement to recoverable fair value of associates# |
|
248 709 |
|
|
|
|
(1 144 633) |
|
|
| Gain on a bargain purchase# |
|
– |
|
|
|
|
(11 374) |
|
|
| Directors’ emoluments |
|
|
|
|
|
|
|
|
|
| Executive directors* |
|
64 408 |
|
|
|
|
41 870 |
|
|
| Basic remuneration |
|
25 329 |
|
|
|
|
21 587 |
|
|
| Retirement and medical benefits |
|
2 214 |
|
|
|
|
1 975 |
|
|
| Other benefits and costs |
|
1 891 |
|
|
|
|
1 395 |
|
|
| Cash incentives |
|
34 974 |
|
|
|
|
16 913 |
|
|
| Non-executive directors* |
|
8 566 |
|
|
|
|
11 536 |
|
|
| Fees – Company |
|
6 587 |
|
|
|
|
5 888 |
|
|
| – subsidiaries |
|
1 979 |
|
|
|
|
5 648 |
|
|
|
|
|
|
|
|
|
|
|
|
| Employer contributions to |
|
1 122 165 |
|
|
|
|
1 048 153 |
|
|
| Defined contribution pension funds |
|
77 920 |
|
|
|
|
50 195 |
|
|
| Provident funds |
|
648 321 |
|
|
|
|
627 910 |
|
|
| Retirement funds |
|
70 922 |
|
|
|
|
56 894 |
|
|
| Social securities |
|
6 052 |
|
|
|
|
6 448 |
|
|
| Medical aids |
|
318 950 |
|
|
|
|
306 706 |
|
|
| Net expense related to post-retirement obligations for current service costs |
|
2 515 |
|
|
|
|
4 485 |
|
|
| Defined benefit pension plans |
|
5 017 |
|
|
|
|
4 713 |
|
|
| Post-retirement medical aid obligations |
|
(2 502) |
|
|
|
|
(228) |
|
|
| Defined benefit early retirement plan |
|
– |
|
|
|
|
– |
|
|
| * Refer Annexure B for detailed disclosure |
|
|
|
|
|
|
|
|
|
| Share-based payment expense |
|
154 986 |
|
|
|
|
143 145 |
|
|
| Staff |
|
131 729 |
|
|
|
|
126 908 |
|
|
| Executive directors |
|
23 257 |
|
|
|
|
16 237 |
|
|
| Fees for administrative, managerial and technical services |
|
7 182 |
|
|
|
|
7 293 |
|
|
| Research and development expenditure |
|
1 233 |
|
|
|
|
1 578 |
|
|
| Foreign exchange (gains) losses on hedging activities |
|
(40 675) |
|
|
|
|
2 827 |
|
|
| Forward exchange contracts |
|
(40 004) |
|
|
|
|
(2 525) |
|
|
| Foreign bank accounts |
|
(671) |
|
|
|
|
5 352 |
|
|
| Other foreign exchange losses |
|
15 514 |
|
|
|
|
58 543 |
|
|
| Realised |
|
13 470 |
|
|
|
|
13 943 |
|
|
| Unrealised |
|
2 044 |
|
|
|
|
44 600 |
|
|
| Income from investments |
|
(142 795) |
|
|
|
|
(210 776) |
|
|
| Dividends received from listed investments |
|
(22 274) |
|
|
|
|
(30 796) |
|
|
| Dividends received from unlisted investments |
|
(28 637) |
|
|
|
|
(12) |
|
|
| Profit on disposal |
|
(18 608) |
|
|
|
|
(81 374) |
|
|
| Fair value adjustments on investments held-for-trading |
|
(73 276) |
|
|
|
|
(98 594) |
|
|
| Net capital loss# |
|
169 286 |
|
|
|
|
129 566 |
|
|
| Net profit on disposal of property, plant and equipment |
|
(39 796) |
|
|
|
|
(8 446) |
|
|
| Net loss on disposal of interests in subsidiaries and associates, and disposal and closure of businesses |
|
185 654 |
|
|
|
|
147 383 |
|
|
| Impairment of disposal groups held for sale |
|
39 323 |
|
|
|
|
– |
|
|
| Net (profit) loss on disposal of intangible assets |
|
(15 895) |
|
|
|
|
(9 371) |
|
|
| Operating lease charges |
|
1 651 715 |
|
|
|
|
1 464 665 |
|
|
| Land and buildings |
|
1 317 433 |
|
|
|
|
1 259 850 |
|
|
| Equipment and vehicles |
|
334 282 |
|
|
|
|
204 815 |
|
|
| # Items above included as capital items on consolidated income statement |
|
351 977 |
|
|
|
|
(1 027 588) |
|
|
|
|
|
|
|
|
|
|
|
|