Financial Highlights

 2007 2006
    Restated*
Revenue (Rmillion) - continuing operations 6 395 5 110
Profit from Tongaat Hulett continuing operations (Rmillion) 838726
Net profit attributable to shareholders (Rmillion) 3 457723
Headline earnings (Rmillion) 61 703
Earnings per share - basic (cents) 3 292,8 685,3
Headline earnings per share - basic (cents) 58,1 666,4
Annual dividend per share (cents) 310,0 550,0
*Following the unbundling of Hulamin, comparative figures have been restated to reflect Hulamin as a discontinued operation. For the year ended 31 December 2007, Hulamin's results were included for the six months to the end of June 2007 and for the full twelve months in 2006.

CHAIRMAN'S STATEMENT

The year 2007 was a milestone in Tongaat Hulett’s development in that the company concluded a corporate restructuring process, which included inter alia, the unbundling by The Tongaat-Hulett Group of its 50% interest in Hulamin, the listing of Hulamin on the JSE and the introduction of broad based Black Economic Empowerment (BEE) equity participation in both Tongaat Hulett and Hulamin.

CHIEF EXECUTIVE'S REVIEW

Tongaat Hulett has continued to grow profits from operations in 2007 and to build its competitive position as an agri-processing business which includes integrated components of land management, property development and agriculture.


Download the complete
Annual Report 2007
(PDF - 1.96MB)


Capitalising on Tongaat Hulett's Strategic Platform


A corporate restructuring was completed in 2007 and Hulett Aluminium was listed on the JSE and unbundled, creating two separate, focused listed entities, namely Tongaat Hulett and Hulamin.