FIVE-YEAR REVIEW
| FINANCIAL STATISTICS | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|
| TRADING RESULTS (Rmillion) | ||||||
| Revenue | 16 982 | 17 915 | 16 676 | 16 155 | 15 716 | |
| Operating profit | 1 958 | 2 333 | 1 669 | 2 089 | 2 374 | |
| Net financing costs | (878) | (810) | (680) | (617) | (609) | |
| Profit before tax | 1 080 | 1 523 | 989 | 1 472 | 1 765 | |
| Tax | (249) | (428) | (326) | (425) | (538) | |
| Minority (non-controlling) interest | (118) | (112) | 53 | (58) | (72) | |
| Net profit attributable to shareholders | 713 | 983 | 716 | 989 | 1 155 | |
| Headline earnings attributable to shareholders | 617 | 982 | 679 | 945 | 1 106 | |
| SOURCE OF CAPITAL (Rmillion) | ||||||
| Shareholders' interest | 10 171 | 10 781 | 13 273 | 11 889 | 10 562 | |
| Minority (non-controlling) interest | 1 838 | 1 957 | 2 152 | 1 887 | 1 628 | |
| Equity | 12 009 | 12 738 | 15 425 | 13 776 | 12 190 | |
| Deferred tax | 2 376 | 2 537 | 2 864 | 2 491 | 2 131 | |
| Borrowings - long and short-term | 9 125 | 7 521 | 6 978 | 5 660 | 5 387 | |
| Non-recourse equity-settled BEE borrowings | 603 | 623 | 605 | 654 | 691 | |
| Provisions | 791 | 784 | 826 | 743 | 696 | |
| Capital employed | 24 904 | 24 203 | 26 698 | 23 324 | 21 095 | |
| EMPLOYMENT OF CAPITAL (Rmillion) | ||||||
| Property, plant, equipment, investments and intangibles | 14 740 | 14 464 | 17 091 | 15 449 | 14 237 | |
| Long-term receivables | 681 | 619 | 564 | 518 | 485 | |
| Inventories, growing crops, receivables and derivative instruments |
11 032 | 10 130 | 11 160 | 8 908 | 8 187 | |
| Cash and cash equivalents | 2 662 | 2 741 | 1 877 | 1 668 | 1 067 | |
| Total assets | 29 115 | 27 954 | 30 692 | 26 543 | 23 976 | |
| Current liabilities (excluding short-term borrowings) | 4 211 | 3 751 | 3 994 | 3 219 | 2 881 | |
| 24 904 | 24 203 | 26 698 | 23 324 | 21 095 | ||
| RATIOS AND STATISTICS | ||||||
| EARNINGS | ||||||
| Headline earnings per share (cents) | 534,8 | 852,7 | 588,0 | 826,1 | 990,5 | |
| Dividends per share (cents) | 160,0 | 300,0 | 230,0 | 380,0 | 360,0 | |
| Dividend cover (times) | 3,3 | 2,8 | 2,6 | 2,2 | 2,8 | |
| PROFITABILITY | ||||||
| Operating margin | 11,5% | 13,0% | 10,0% | 12,9% | 15,1% | |
| Return on capital employed | 9,4% | 10,5% | 7,4% | 10,3% | 12,9% | |
| FINANCE | ||||||
| Debt to equity | 76,0% | 59,0% | 45,2% | 41,1% | 44,2% | |
| Net debt to equity | 53,8% | 37,5% | 33,1% | 29,0% | 35,4% | |
| SHARES | ||||||
| Shares in issue (millions) | - issued | 135 | 135 | 135 | 135 | 110 |
| - weighted | 115 | 115 | 115 | 114 | 112 | |
| Market capitalisation | - Rmillion | 13 734 | 16 627 | 14 111 | 18 173 | 12 501 |
| Value of shares traded | - Rmillion | 6 655 | 6 985 | 4 752 | 7 287 | 6 038 |
| Share price (cents) | - balance sheet date | 10 165 | 12 306 | 10 444 | 13 450 | 11 368 |
| - high | 12 488 | 13 550 | 13 976 | 17 493 | 14 500 | |
| - low | 9 820 | 10 030 | 7 785 | 11 236 | 10 700 | |
| Volume of shares traded | - millions | 59 | 57 | 43 | 48 | 49 |
