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 |
 |
|
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|
| A
N N U A L R E P O R T 2 0
0 0 |
|
|
|
|
| |
| S U M
M A R Y O F S T A T I S T I
C S |
|
2000
|
1999
|
1998
|
1997
|
1996
|
|
| Shares |
|
|
|
|
|
| Number
of ordinary shares on |
|
|
|
|
|
| which
earnings per share is based (million) |
203,7
|
200,4
|
200,0
|
198,4
|
195,8
|
| Net
worth per share (cents) |
400
|
336
|
468
|
407
|
430
|
| Headline
earnings per share (cents) |
140,7
|
136,8
|
105,6
|
66,5
|
101,1
|
| Pro
forma headline earnings per |
|
|
|
|
|
| share
(cents) |
140,7
|
107,7*
|
|
|
|
| Earnings
per share (cents) |
180,3
|
179,2
|
105,2
|
36,0
|
103,7
|
| Dividends
per share (cents) |
|
|
|
|
|
| –
normal |
76,0
|
58,0
|
43,0
|
36,0
|
36,0
|
| –
special |
–
|
250,0
|
–
|
–
|
–
|
| Dividend
cover (times) |
1,9
|
2,4
|
2,5
|
1,9
|
2,8
|
| Cash
flow per share (cents) |
133,6
|
186,4
|
237,0
|
62,9
|
50,0
|
| Ordinary
shares in issue (million) |
204,0
|
200,5
|
200,4
|
198,8
|
197,7
|
| Number
of transactions – JSE |
9 735
|
9 150
|
9 938
|
10 091
|
7 813
|
| Number
of shares traded (million) |
79,0
|
122,8
|
90,1
|
57,8
|
35,1
|
| Value
of shares traded (R million) |
691,2
|
987,6
|
773,8
|
884,6
|
716,2
|
| Number
of shares traded as a % |
|
|
|
|
|
| of
issued shares |
39,0
|
61,2
|
45,0
|
29,1
|
17,8
|
| Market
price per share (cents) |
|
|
|
|
|
| –
year-end |
1 125
|
800
|
510
|
1 375
|
1 630
|
| –
highest |
1 230
|
1 000
|
1 400
|
1 920
|
2 650
|
| –
lowest |
540
|
490
|
370
|
1 180
|
1 470
|
| JSE
actuaries electronics sector index
|
|
|
|
|
|
| (adjusted
base 1996 = 1 630) |
2 937
|
2 346
|
2 267
|
2 041
|
1 630
|
| Earnings
yield (%) |
12,5
|
17,1
|
20,7
|
4,8
|
6,2
|
| Dividend
yield (%) |
6,8
|
7,3
|
8,4
|
2,6
|
2,2
|
| Price:
earnings ratio (times) |
8,0
|
5,8
|
4,8
|
20,7
|
16,1
|
| Market
capitalisation (R million) |
2 295
|
1 604
|
1 022
|
2 733
|
3 222
|
| |
| Other |
|
|
|
|
|
| Number
of employees |
3 716
|
6 775
|
9 155
|
11 112
|
12 733
|
| Revenue
per employee (R000) |
857
|
674
|
537
|
465
|
386
|
| Operating
profit per employee (R000) |
66
|
44
|
26
|
21
|
23
|
| Wealth
created per employee (R000) |
280
|
239
|
165
|
116
|
115
|
| Employment
cost per employee (R000) |
107
|
119
|
94
|
83
|
74
|
|
|
|
|
|
|
|
| *
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.
|
|
|
|
|
|
| P
R O F I T A B I L I T Y , A S S
E T M A N A G E M E N T ,
L I Q U I D I T Y A N D
L E V E R A G E |
|
|
2000
|
1999
|
1998
|
1997
|
1996
|
|
| Operating
margin (%) |
7,7
|
6,5
|
4,8
|
4,6
|
5,9
|
| Net
asset turn (times)* |
9,2
|
7,5
|
4,4
|
4,9
|
4,7
|
| Return
on ordinary shareholders' |
|
|
|
|
|
| funds
(%) |
38,6
|
34,0
|
24,1
|
15,9
|
25,8
|
| Return
on net operating assets
(%)* |
97,9
|
62,3
|
31,2
|
25,8
|
30,0
|
| Return
on net operating assets
|
|
|
|
|
|
| excluding
investments in |
|
|
|
|
|
| associates
(%)* |
116,4
|
61,7
|
24,0
|
23,7
|
29,1
|
| Taxation
as a percentage of profit |
|
|
|
|
|
| before
taxation (excluding |
|
|
|
|
|
| abnormal
items) |
33,7
|
37,6
|
36,7
|
36,3
|
28,0
|
| Total
liabilities to total |
|
|
|
|
|
| shareholders'
funds (%) |
125,7
|
192,9
|
109,5
|
123,1
|
128,5
|
| Net
(cash)/borrowings to total |
|
|
|
|
|
| shareholders'
funds (%) |
(77,3)
|
(104,7)
|
(40,4)
|
5,2
|
(1,8)
|
| Current
ratio |
1,5
|
1,3
|
1,5
|
1,4
|
1,4
|
| Interest
cover (times) |
N/A
|
N/A
|
N/A
|
5,0
|
11,7
|
|
| *
The 1999 net operating
assets exclude the shareholders
for special dividend and
the STC thereon of R568,2 million
as they are not considered
to be operating liabilities.
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©
Copyright - Reunert - 2003 |
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