| FINANCIAL STATISTICS |
15 months to |
|
12 months to |
|
12 months to |
|
12 months to |
|
12 months to |
| |
31 March |
|
31 December |
|
31 December |
|
31 December |
|
31 December |
| |
2010 |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
| |
|
|
|
|
|
|
Restated * |
|
|
| TRADING RESULTS (Rmillion) |
|
|
|
|
|
|
|
|
|
| Revenue |
11 136 |
|
7 106 |
|
6 395 |
|
5 110 |
|
6 926 |
| Profit from Tongaat Hulett operations |
1 691 |
|
1 132 |
|
838 |
|
726 |
|
550 |
| Profit from Hulamin operations |
|
|
|
|
|
|
|
|
159 |
| Other net income |
1 996 |
|
40 |
|
3 012 |
|
83 |
|
21 |
| Operating profit |
3 687 |
|
1 172 |
|
3 850 |
|
809 |
|
730 |
| Net financing (costs)/income |
(452) |
|
(280) |
|
(119) |
|
88 |
|
(60) |
| Share of associate company’s profit/(loss) |
1 |
|
|
|
|
|
(4) |
|
(25) |
| Profit before tax |
3 236 |
|
892 |
|
3 731 |
|
893 |
|
645 |
| Tax |
(208) |
|
(212) |
|
(288) |
|
(238) |
|
(162) |
| Minority shareholders |
(130) |
|
(31) |
|
(28) |
|
(1) |
|
(11) |
| Discontinued operation - Hulamin unbundling |
|
|
|
|
42 |
|
69 |
|
|
| Net profit attributable to shareholders |
2 898 |
|
649 |
|
3 457 |
|
723 |
|
472 |
| Headline earnings attributable to shareholders |
858 |
|
583 |
|
61 |
|
703 |
|
466 |
| SOURCE OF CAPITAL (Rmillion) |
|
|
|
|
|
|
|
|
|
| Shareholders’ interest |
4 573 |
|
3 059 |
|
2 735 |
|
3 293 |
|
4 613 |
| Minority interests in subsidiaries |
870 |
|
276 |
|
223 |
|
56 |
|
75 |
| Equity |
5 443 |
|
3 335 |
|
2 958 |
|
3 349 |
|
4 688 |
| Deferred tax |
1 272 |
|
582 |
|
673 |
|
605 |
|
936 |
| Borrowings - long and short-term |
3 180 |
|
2 585 |
|
1 387 |
|
500 |
|
840 |
| Non-recourse equity-settled BEE borrowings |
787 |
|
792 |
|
812 |
|
|
|
|
| Provisions |
546 |
|
279 |
|
261 |
|
247 |
|
283 |
| Capital employed |
11 228 |
|
7 573 |
|
6 091 |
|
4 701 |
|
6 747 |
| EMPLOYMENT OF CAPITAL (Rmillion) |
|
|
|
|
|
|
|
|
|
| Property, plant, equipment, investments and intangibles |
7 969 |
|
5 032 |
|
3 525 |
|
2 642 |
|
4 183 |
| Growing crops |
2 041 |
|
742 |
|
353 |
|
212 |
|
182 |
| Long-term receivable |
|
|
196 |
|
203 |
|
203 |
|
203 |
| Inventories, receivables and derivative instruments |
3 218 |
|
3 358 |
|
3 150 |
|
2 452 |
|
2 834 |
| Cash and cash equivalents |
140 |
|
229 |
|
396 |
|
162 |
|
526 |
| Total assets |
13 368 |
|
9 557 |
|
7 627 |
|
5 671 |
|
7 928 |
| Current liabilities (excluding short-term borrowings) |
2 140 |
|
1 984 |
|
1 536 |
|
970 |
|
1 181 |
| |
11 228 |
|
7 573 |
|
6 091 |
|
4 701 |
|
6 747 |
| RATIOS AND STATISTICS |
|
|
|
|
|
|
|
|
|
| EARNINGS |
|
|
|
|
|
|
|
|
|
| Headline earnings per share - (cents) |
826,5 |
|
565,6 |
|
58,1 |
|
666,4 |
|
452,4 |
| Dividends per share - (cents) |
275,0 |
|
310,0 |
|
310,0 |
|
550,0 |
|
400,0 |
| Dividend cover - (times) |
3,0 |
|
1,8 |
|
0,2 |
|
1,2 |
|
1,1 |
| PROFITABILITY |
|
|
|
|
|
|
|
|
|
| Operating margin |
15,2% |
|
15,9% |
|
13,1% |
|
14,2% |
|
10,5% |
| Return on capital employed |
19,3% |
|
18,8% |
|
17,0% |
|
16,3% |
|
11,1% |
| Return on equity |
19,5% |
|
18,5% |
|
1,9% |
|
21,2% |
|
10,2% |
| FINANCE |
|
|
|
|
|
|
|
|
|
| Debt to equity |
58,4% |
|
77,5% |
|
46,9% |
|
14,9% |
|
17,9% |
| Net debt to equity |
55,9% |
|
70,6% |
|
33,5% |
|
10,1% |
|
6,7% |
| Current ratio |
0,80 |
|
1,07 |
|
1,41 |
|
1,25 |
|
1,78 |
| SHARES |
|
|
|
|
|
|
|
|
|
|
| Shares in issue - (millions) |
- issued |
104 |
|
103 |
|
103 |
|
107 |
|
104 |
| |
- weighted |
104 |
|
103 |
|
105 |
|
105 |
|
103 |
| Market capitalisation |
- Rmillion |
10 679 |
|
6 556 |
|
9 167 |
|
11 938 |
|
8 467 |
| Value of shares traded |
- Rmillion |
12 490 |
|
1 609 |
|
4 218 |
|
3 512 |
|
1 899 |
| Net asset value per share |
- (cents) |
4 410 |
|
2 963 |
|
2 655 |
|
3 089 |
|
4 440 |
| Share price - (cents) |
- balance sheet date |
10 300 |
|
6 350 |
|
8 900 |
|
11 200 |
|
8 150 |
| |
- high |
10 628 |
|
10 250 |
|
15 000 |
|
11 400 |
|
8 500 |
| |
- low |
6 260 |
|
4 900 |
|
8 500 |
|
7 800 |
|
5 010 |
| Volume of shares traded |
- (millions) |
138 |
|
21 |
|
36 |
|
37 |
|
29 |
