INCOME STATEMENTS

for the year ended 31 December 2008     Tongaat Hulett Limited

       Company               Consolidated
2007 2008   Rmillion Note 2008 2007
             
4 762 5 694   REVENUE - continuing operations   7 106 6 395
             
515 827   Profi t from Tongaat Hulett operations   1 132 838
1 6   Capital profi t on land   22 48
  49   Capital profi t on insurance claim   49  
(379) (31)   BEE IFRS 2 charge and transaction costs   (33) (383)
  (7)   Valuation adjustments   2 (1)
3 348     Fair value adjustment of investment in Hulamin     3 348
             
3 485 844   Operating profi t after corporate transactions 18 1 172 3 850
(151) (360)   Financing costs 20 (325) (193)
49 126   Finance income 20 45 74
             
3 383 610   PROFIT BEFORE TAX   892 3 731
             
(142) (98)   Tax 21 (212) (288)
             
3 241 512   NET PROFIT AFTER TAX   680 3 443
             
      DISCONTINUED OPERATION      
      Hulamin unbundling     42
             
3 241 512   NET PROFIT   680 3 485
             
      Attributable to:      
3 241 512      Shareholders   649 3 457
         Minority interest   31 28
         
3 241 512       680 3 485
             
      EARNINGS PER SHARE (cents) 23    
         Basic   629,7 3 292,8
         Diluted   616,8 3 220,7