| for the year ended 31 December 2007 |
|
|
Tongaat Hulett Limited |
| |
|
|
|
|
|
| Company |
|
|
|
|
Consolidated |
| 2006 |
2007 |
|
Rmillion |
Note |
|
2007 |
2006 |
| |
|
|
|
|
|
|
Restated |
| 4 194 |
4 762 |
|
REVENUE - continuing operations |
|
|
6 395 |
5 110 |
| |
|
|
|
|
|
|
|
| 488 |
515 |
|
Profit from Tongaat Hulett operations |
|
|
838 |
726 |
| 290 |
1 |
|
Capital profit on land |
|
|
48 |
26 |
| |
(379) |
|
BEE IFRS 2 charge and transaction costs |
|
|
(383) |
|
| |
|
|
Exchange rate translation (loss)/gain |
|
|
(1) |
57 |
| |
3 348 |
|
Fair value adjustment of investment in Hulamin |
|
|
3 348 |
|
| 778 |
3 485 |
|
Operating profit after corporate transactions |
18 |
|
3 850 |
809 |
| |
|
|
Share of associate company’s loss |
6 |
|
|
(4) |
| (73) |
(151) |
|
Financing costs |
20 |
|
(193) |
(38) |
| 108 |
49 |
|
Finance income |
20 |
|
74 |
126 |
| |
|
|
|
|
|
|
|
| 813 |
3 383 |
|
PROFIT BEFORE TAX |
|
|
3 731 |
893 |
| |
|
|
|
|
|
|
|
| (177) |
(142) |
|
Tax |
21 |
|
(288) |
(238) |
| 636 |
3 241 |
|
NET PROFIT AFTER TAX |
|
|
3 443 |
655 |
| |
|
|
DISCONTINUED OPERATION |
35 |
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
Hulamin unbundling |
|
|
42 |
69 |
| 636 |
3 241 |
|
NET PROFIT |
|
|
3 485 |
724 |
| |
|
|
|
|
|
|
|
| |
|
|
Attributable to: |
|
|
|
|
| 636 |
3 241 |
|
Shareholders |
|
|
3 457 |
723 |
| |
|
|
Minority interest |
|
|
28 |
1 |
| |
|
|
|
|
|
|
|
| 636 |
3 241 |
|
|
|
|
3 485 |
724 |
| |
|
|
|
|
|
|
|
| |
|
|
EARNINGS PER SHARE (cents) |
23 |
|
|
|
| |
|
|
Basic |
|
|
3 292,8 |
685,3 |
| |
|
|
Diluted |
|
|
3 220,7 |
667,8 |
