|
| |
| F
I N A N C I A L H I G H L I G H
T S |
|
- Pro
forma headline earnings
per share increased
by 31%
to 140,7
cents
- Normal
dividend increased
by 31% to
76
cents
per share
- Continued
positive cash flow
operating activities
contributed R272
million
- Revenue
from continuing operations
grew by 20%
- Export
revenue from continuing
operations up by 45% to
R354 million (11% of total revenue)
- Revenue
per employee improved
from R674 000
to
R857
000
- Operating
profit from continuing
operations as a percentage
of revenue up to 7,7%
from 7,1%
- Improved segmental
disclosure
|
|
|
|
|
|
|
2000
|
1999
|
%
change
|
| Group
summary (R million)
|
|
|
|
| Revenue
from continuing operations |
3
184,1
|
2
648,6
|
20
|
| Operating
profit from continuing
operations |
244,6
|
188,6
|
30
|
| Pro
forma headline earnings |
286,5
|
215,9*
|
33
|
|
Ordinary share performance (cents)
|
|
|
|
| Earnings
per share |
180,3
|
179,2
|
|
| Pro
forma headline earnings
per share |
140,7
|
107,7*
|
31
|
| Dividends
per share normal |
76,0
|
58,0
|
31
|
|
special |
|
250,0
|
|
| Cash
flow per share excluding
special dividend |
|
|
|
| and
related STC |
118,2
|
200,6
|
|
| Net
worth per share |
400,0
|
336,0
|
19
|
|
| Financial
statistics (%)
|
|
|
|
| Return
on ordinary shareholders'
funds |
38,6
|
34,0
|
|
| Return
on net operating assets |
97,9
|
62,3
|
|
|
| Number
of employees |
3
716
|
6
775
|
(45)
|
|
|
| *
The ordinary shareholders
of Reunert Limited
received a special
dividend of R510 million
(R2,50 per share)
on 29 October 1999.
This payment has had
a major distorting
effect on the comparability
of the results of
the current and prior
years. Had this dividend
been paid on 29 October
1998, the after-tax
effect, calculated
using an average interest
rate of 16%, would
have been to reduce
headline earnings
of R274,2 million
by R58,3 million.
|
|
|
|
|
|
|