| IFRS 2011 |
IFRS 2010 |
IFRS 2009 |
IFRS 2008 |
IFRS 2007 |
IFRS 2006 |
IFRS 2005 |
SA GAAP 2004 |
SA GAAP 2003 |
SA GAAP 2002 |
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| Shares | |||||||||||||||||
| Number of ordinary shares on which earnings per share is calculated | millions | 165,3 | 178,7 | 178,5 | 177,9 | 176,7 | 175,1 | 173,4 | 189,9 | 188,3 | 187,0 | ||||||
| Net worth per share | cents | 2 401 | 2 502 | 2 258 | 2 060 | 1 390 | 953 | 896 | 572 | 612 | 572 | ||||||
| Headline earnings per share | cents | 598,3 | 505,5 | 651,6 | 651,9 | 272,4 | 524,6 | 408,4 | 277,5 | 183,5 | 229,5 | ||||||
| Normalised headline earnings per share | cents | 590,0 | 515,7 | 499,5 | 630,1 | 570,3 | 495,3 | 380,2 | 277,5 | 183,5 | 229,5 | ||||||
| Basic earnings per share | cents | 809,0 | 503,3 | 652,4 | 650,1 | 361,7 | 527,0 | 411,4 | 251,9 | 156,9 | 198,1 | ||||||
|
cents | 330,0 | 287,0 | 253,0 | 319,0 | 314,0 | 273,0 | 222,0 | 160,0 | 120,0 | 118,0 | ||||||
|
cents | 200,0 | |||||||||||||||
| Dividend cover | times | 1,8 | 1,8 | 2,0 | 2,0 | 1,8 | 1,8 | 1,7 | 1,7 | 1,5 | 1,9 | ||||||
| Cashflow per share | cents | 702,8 | 767,4 | 797,8 | 629,5 | 345,0 | 486,7 | 374,6 | 353,2 | 417,7 | 187,7 | ||||||
| Cashflow per share (excluding rental book) | cents | 638,7 | 635,6 | 797,6 | 647,7 | 515,2 | 701,2 | 662,8 | (11,0) | 560,9 | 310,6 | ||||||
| Ordinary shares in issue (net of treasury shares) | millions | 161,6 | 177,2 | 178,7 | 178,4 | 177,7 | 176,3 | 174,4 | 171,8 | 188,8 | 187,3 | ||||||
| Number of transactions – JSE | 99 875 | 85 444 | 71 666 | 67 690 | 70 848 | 46 549 | 20 938 | 13 452 | 11 308 | 12 765 | |||||||
| Number of shares traded | millions | 106,5 | 134,4 | 107,7 | 129,8 | 176,3 | 138,2 | 92,7 | 94,9 | 76,4 | 76,4 | ||||||
| Value of shares traded | Rm | 6 579,4 | 7 644,8 | 4 780,6 | 8 019,9 | 13 549,1 | 8 519,7 | 3 473,0 | 2 129,5 | 1 380,4 | 1 438,2 | ||||||
| Number of shares traded as a percentage of gross issued shares | 53,4 | 67,9 | 54,6 | 65,9 | 89,9 | 70,7 | 47,9 | 49,7 | 37,1 | 37,4 | |||||||
| Market price per share | |||||||||||||||||
| – year end | cents | 5 885,0 | 6 201,0 | 5 600 | 5 749 | 6 700 | 6 814 | 4 230 | 2 790 | 1 710 | 1 860 | ||||||
| – highest | cents | 6 970,0 | 6 247,0 | 5 900 | 8 049 | 8 800 | 7 745 | 4 400 | 2 900 | 2 230 | 2 220 | ||||||
| – lowest | cents | 5 101,0 | 4 950,0 | 3 201 | 4 528 | 6 325 | 4 185 | 2 600 | 1 695 | 1 560 | 1 610 | ||||||
| Earnings yield | % | 10,0 | 8,3 | 8,9 | 11,0 | 8,5 | 7,3 | 9,0 | 10,0 | 10,7 | 12,3 | ||||||
| Dividend yield | % | 5,6 | 4,6 | 4,5 | 5,5 | 4,7 | 4,0 | 5,2 | 5,7 | 7,0 | 6,3 | ||||||
| Price: Earnings ratio | times | 10,0 | 12,0 | 11,2 | 9,1 | 11,7 | 13,8 | 11,1 | 10,1 | 9,3 | 8,1 | ||||||
| Market capitalisation (net of treasury shares) | Rm | 9 512 | 10 988 | 10 006 | 10 257 | 11 904 | 12 012 | 7 376 | 4 792 | 3 228 | 3 482 | ||||||
| JSE actuaries’ electronics sector index at 30 September | 9 780 | 10 462 | 9 866 | 10 705 | 13 886 | 11 644 | 7 851 | 5 328 | 3 852 | 3 887 | |||||||
| Other | |||||||||||||||||
| Number of employees | 6 324 | 6 422 | 6 321 | 7 196 | 6 523 | 6 276 | 5 320 | 5 169 | 4 918 | 4 318 | |||||||
| Revenue per employee | R’000 | 1 727 | 1 662 | 1 625 | 1 518 | 1 468 | 1 312 | 1 318 | 1 209 | 1 241 | 1 173 | ||||||
| Operating profit per employee | R’000 | 220 | 197 | 180 | 219 | 202 | 203 | 172 | 136 | 124 | 109 | ||||||
| Wealth created per employee | R’000 | 636 | 527 | 530 | 477 | 383 | 439 | 405 | 409 | 335 | 312 | ||||||
| Employment cost per employee | R’000 | 248 | 229 | 194 | 172 | 166 | 153 | 161 | 149 | 142 | 130 | ||||||
| Profitability, asset management, liquidity and leverage | |||||||||||||||||
| EBITDA as a percentage of revenue1, 2 | % | 13,9 | 12,9 | 12,0 | 15,2 | 14,5 | 16,2 | 13,8 | 13,0 | 11,7 | 11,1 | ||||||
| Operating margin (%)2 | % | 12,7 | 11,8 | 11,1 | 14,4 | 13,8 | 15,5 | 13,1 | 11,2 | 10,0 | 9,3 | ||||||
| Net asset turn2 | times | 5,4 | 2,9 | 2,9 | 3,4 | 5,4 | 8,0 | 7,7 | 7,6 | 6,8 | 5,9 | ||||||
| Normalised return on ordinary shareholders’ funds | % | 23,5 | 21,8 | 23,1 | 36,5 | 48,6 | 53,5 | 49,8 | 49,3 | 31,0 | 44,1 | ||||||
| Return on net operating assets2 | % | 68,9 | 34,1 | 32,0 | 50,1 | 82,4 | 131,9 | 108,9 | 99,6 | 63,5 | 70,0 | ||||||
| Taxation as a percentage of profit before taxation3 | % | 29,7 | 28,5 | 27,0 | 29,8 | 32,2 | 34,2 | 33,8 | 36,4 | 34,4 | 34,9 | ||||||
| Total liabilities to total shareholders’ funds2, 4 | % | 52,6 | 75,1 | 86,7 | 102,6 | 92,3 | 226,0 | 161,1 | 197,8 | 180,5 | 179,9 | ||||||
| Net borrowings to total shareholders’ funds5 | % | – | – | 0,6 | 27,6 | – | 21,5 | 13,8 | 3,2 | 32,8 | 47,4 | ||||||
| Current ratio | 1,8 | 2,2 | 1,7 | 1,5 | 1,7 | 1,0 | 1,1 | 1,1 | 1,0 | 1,0 | |||||||
| Quick ratio | 1,4 | 1,9 | 1,5 | 1,2 | 1,3 | 0,8 | 0,9 | 0,8 | 0,8 | 0,6 | |||||||
| Interest cover (times)2 | times | 210,8 | 175,4 | 54,0 | 36,8 | 25,6 | 38,1 | 42,0 | 69,4 | 12,1 | 25,5 |
| 1 | The 2008 percentages have been increased by 1,3% each as a result of the NSN commission now disclosed in operating income, whereas income from NSN was previously disclosed as income from associates. |
| 2 | All intergroup transactions between Reunert and Quince are now fully eliminated and disclosures related to Quince have been condensed into the appropriate lines on the balance sheet. The ratios for 2010 only have been restated accordingly. |
| 3 | Abnormal items, the STC on a special dividend in 2006 and the share buyback in 2004 have been excluded from this calculation. |
| 4 | These ratios have been restated in 2003 to 2007 to take account of the reallocation of the advance payments from inventory and contracts in progress to trade and other payables. |
| 5 | There were no net borrowings in 2007 mainly due to Quince being equity accounted. |