| |
| |
|
|
2008 |
|
|
|
2007 |
|
|
|
|
| |
|
|
R million |
|
% |
|
R million |
|
% |
|
% |
| |
|
|
(Reviewed) |
|
|
|
(Audited) |
|
|
|
change |
| Revenue* |
 |
|
|
|
|
|
|
|
|
|
|
| CBI-electric** |
|
|
3 951,9 |
|
36 |
|
3 315,1 |
|
29 |
|
19 |
| Nashua |
|
|
6 445,2 |
|
58 |
|
5 816,3 |
|
52 |
|
11 |
| NSN*** |
|
|
— |
|
— |
|
1 712,9 |
|
15 |
|
|
| Reutech |
|
|
622,3 |
|
6 |
|
490,5 |
|
4 |
|
27 |
| Total operations |
|
|
11 019,4 |
|
100 |
|
11 334,8 |
|
100 |
|
(3) |
| Less: Reunert’s attributable portion of associate |
|
|
(98,3) |
|
|
|
(1 760,4) |
|
|
|
|
| Revenue as reported |
|
|
10 921,1 |
|
|
|
9 574,4 |
|
|
|
14 |
* Inter-segment revenue is immaterial and has not been disclosed.
**Revenue for the year ended 30 September 2007 included an amount of R96,3 million for inventory sold at book value by ATC (Pty) Limited to CBI-electric Aberdare ATC
Telecom Cables (Pty) Limited.
***Revenue excludes commission received from Nokia Siemens Networks South Africa (Pty) Limited (NSN) (refer to note 1).
Revenue of NSN in 2008 is not included due to the change in the nature of the investment and the resultant accounting treatment of the investment in NSN (refer to note 7). |
| Operating profit |
|
|
|
|
|
|
|
|
|
|
|
| CBI-electric |
|
|
675,3 |
|
42 |
|
553,9 |
|
36 |
|
22 |
| Nashua |
|
|
652,8 |
|
41 |
|
674,7 |
|
44 |
|
(3) |
| NSN* |
|
|
139,0 |
|
9 |
|
211,2 |
|
13 |
|
(34) |
| Reutech |
|
|
136,9 |
|
8 |
|
109,2 |
|
7 |
|
25 |
| Total operations |
|
|
1 604,0 |
|
100 |
|
1 549,0 |
|
100 |
|
4 |
| Less: Reunert’s attributable
portion of associate companies' net operating profit |
|
|
(31,4) |
|
|
|
(230,3) |
|
|
|
|
| Operating profit as reported |
|
|
1 572,6 |
|
|
|
1 318,7 |
|
|
|
19 |
* Operating profit in 2008 represents commission received, whereas the 2007 figures represent 40% of the NSN operating profit
(refer to notes 1 and 7). |
|
|