| |
2018
R’000 |
|
|
2017
R’000 |
|
| Weighted average number of shares (‘000) |
|
|
|
|
|
| Weighted average number of shares in issue for basic earnings per share and
headline earnings per share calculations |
335 718 |
|
|
333 497 |
|
| Potential dilutive impact of outstanding staff share appreciation rights and
conditional awards |
1 443 |
|
|
1 601 |
|
| Number of outstanding staff share appreciation right equivalent shares |
5 668 |
|
|
5 942 |
|
| Number of shares deemed to be issued at fair value |
(4 324) |
|
|
(4 377) |
|
| Contingent issuable shares in terms of conditional share plan to be issued at fair value |
99 |
|
|
36 |
|
|
|
|
|
|
|
| Weighted average number of shares in issue used for the calculation of diluted earnings and diluted headline earnings per share |
337 161 |
|
|
335 098 |
|
| Attributable earnings |
|
|
|
|
|
| Basic earnings per share and diluted earnings per share are based on profit attributable to shareholders of the Company (R’000) |
3 817 996 |
|
|
4 769 940 |
|
| Basic earnings per share |
1137,3 |
|
|
1430,3 |
|
| Diluted basic earnings per share |
1132,4 |
|
|
1423,4 |
|
| Dilution (%) |
0,4 |
|
|
0,5 |
|
| Headline earnings |
R’000 |
|
|
R’000 |
|
| Profit attributable to shareholders of the Company |
3 817 996 |
|
|
4 769 940 |
|
| Impairment of property plant and equipment; goodwill and intangible assets |
12 840 |
|
|
(1 403) |
|
| Property, plant and equipment |
3 311 |
|
|
(1 147) |
|
| Goodwill |
15 258 |
|
|
– |
|
| Intangible assets |
1 115 |
|
|
– |
|
| Taxation effect |
– |
|
|
158 |
|
| Non-controlling interest |
(6 844) |
|
|
(414) |
|
| Net loss on disposal of interests in subsidiaries and disposal and closure of businesses |
155 828 |
|
|
50 874 |
|
| Loss on disposal and closure |
188 635 |
|
|
65 311 |
|
| Impairment of disposal group assets held for sale |
39 323 |
|
|
– |
|
| Taxation effect |
(37 407) |
|
|
(14 437) |
|
| Non-controlling interest |
(34 723) |
|
|
– |
|
| Net loss (profit) on disposal and remeasurement to recoverable fair value of associates |
234 338 |
|
|
(1 080 926) |
|
| Net change in shareholding in associates |
(2 981) |
|
|
82 072 |
|
| Remeasurement to recoverable fair value of associates |
248 709 |
|
|
(1 144 633) |
|
| Taxation effect |
– |
|
|
(18 365) |
|
| Non-controlling interest |
(11 390) |
|
|
– |
|
| Net profit on disposal of property, plant and equipment and intangible assets |
(24 185) |
|
|
(7 114) |
|
| Property, plant and equipment |
(39 796) |
|
|
(8 446) |
|
| Intangible assets |
(15 895) |
|
|
(9 371) |
|
| Taxation effect |
1 400 |
|
|
2 909 |
|
| Non-controlling interest |
30 106 |
|
|
7 794 |
|
| Compensation received on loss or impairment of property plant and equipment |
(70 263) |
|
|
– |
|
| Compensation received |
(85 702) |
|
|
– |
|
| Taxation effect |
15 439 |
|
|
– |
|
| Non-headline earnings items included in equity accounted earnings of associated companies |
8 128 |
|
|
(24 265) |
|
| Gain on a bargain purchase |
– |
|
|
(11 374) |
|
| Headline earnings |
4 134 682 |
|
|
3 695 732 |
|
| Headline earnings per share (cents) |
1 231,6 |
|
|
1 108,2 |
|
| Diluted headline earnings per share (cents) |
1 226,3 |
|
|
1 102,9 |
|
| Dilution (%) |
0,4 |
|
|
0,5 |
|
| Normalised headline earnings per share |
|
|
|
|
|
| Normalised headline earnings per share is a measurement used by the chief
operating decision maker. The calculation of normalised headline earnings per share
excludes acquisition costs and amortisation of acquired customer contracts and is
based on the normalised headline profit attributable to ordinary shareholders, divided
by the weighted average number of ordinary shares in issue during the year. The
presentation of normalised headline earnings is not an IFRS requirement. |
|
|
|
|
|
| Headline earnings |
4 134 682 |
|
|
3 695 732 |
|
| Acquisition costs |
50 190 |
|
|
24 230 |
|
| Amortisation of customer contracts |
32 711 |
|
|
– |
|
| Taxation effect |
(4 522) |
|
|
– |
|
| Normalised headline earnings |
4 213 061 |
|
|
3 719 962 |
|
| Normalised headline earnings per share (cents) |
1 254,9 |
|
|
1 115,4 |
|
|
|
|
|
|
|