30 June 30 June 31 December
  (Unaudited) (Unaudited) (Audited)
  2009 2008 2008
  R000 R000 R000
Ships, property, terminals, vehicles and equipment 4 152 229 3 599 081 4 540 514
Intangible assets 805 061 585 977 713 046
Investments in associates 252 811 275 041 316 746
Deferred taxation 178 025 99 112 159 352
Financial assets and other investments 183 673 399 254 191 238
Loans and advances to bank customers 1 129 515 902 592 1 049 761
Liquid assets and short-term negotiable assets 145 701 59 268 138 553
Bank balances and cash 1 565 844 1 565 781 2 403 087
Non-current assets held for sale 2 048 441 264 2 245
Other current assets 3 648 138 4 119 015 4 469 033
Total assets 12 063 045 12 046 385 13 983 575
Interest of shareholders of Grindrod Limited 5 854 433 4 606 719 6 712 696
Minority interest 96 319 64 325 62 315
Interest of all shareholders 5 950 752 4 671 044 6 775 011
Deferred taxation 20 917 37 015 18 527
Provision for post retirement medical aid 75 085 72 955 77 900
Deposits from bank customers 1 435 153 1 257 798 1 507 046
Interest-bearing debt 1 672 988 2 714 348 1 963 564
  9 154 895 8 753 160 10 342 048
Non-current liabilities associated with assets      
  held for sale 43 477
Other liabilities 2 908 150 3 249 748 3 641 527
Total funding 12 063 045 12 046 385 13 983 575
Net worth per ordinary share – at book value (cents) 1 130 868 1 336
Net debt:equity ratio 0,006:1 0,14:1 (0,05):1
Capital expenditure 800 816 1 085 314 2 158 501
Capital commitments      
Authorised by directors and contracted for 2 189 011 2 048 053 3 245 998
   Due within one year 1 272 355 912 310 1 647 309
   Due thereafter 916 656 1 135 743 1 598 689
Authorised by directors not yet contracted for 11 862 1 356 641 277 000
  30 June 30 June   31 December
  (Unaudited) (Unaudited)   (Audited)
  2009 2008 Change 2008
  R000 R000 % R000
Revenue        
Shipping 2 012 189 3 349 700 (40) 7 069 205
Trading 9 314 514 9 448 545 (1) 24 022 393
Freight Services 1 031 552 1 127 362 (8) 2 551 792
Financial Services 62 093 38 417 62 93 520
Group costs  
  12 420 348 13 964 024 (11) 33 736 910
Trading profit (earnings before interest, taxation, depreciation and amortisation)        
Shipping 498 153 1 213 578 (59) 2 387 639
Trading 133 233 45 291 194 230 429
Freight Services 157 048 176 719 (11) 378 102
Financial Services 26 843 11 665 130 46 409
Group costs (13 865) (11 345) (22) (16 561)
  801 412 1 435 909 (44) 3 026 017
Operating profit before interest and taxation        
Shipping 431 808 1 171 842 (63) 2 292 302
Trading 130 270 41 037 217 221 938
Freight Services 79 596 111 560 (29) 242 792
Financial Services 25 861 10 820 139 44 605
Group costs (13 865) (11 345) (22) (16 561)
  653 670 1 323 914 (51) 2 785 075
Attributable earnings        
Shipping 337 209 1 038 656 (68) 1 862 364
Trading 84 585 12 804 561 131 842
Freight Services 88 696 76 921 15 188 654
Financial Services 17 878 9 731 84 34 614
Group costs (44 588) (33 599) (33) (59 584)
  483 780 1 104 515 (56) 2 157 890