| |
30 June |
30 June |
|
31 December |
| |
(Unaudited) |
(Unaudited) |
|
(Audited) |
| |
2010 |
2009 |
Change |
2009 |
| |
R000 |
R000 |
% |
R000 |
| Ships, property, terminals, vehicles and equipment |
4 763 589 |
4 152 229 |
|
3 923 378 |
| Intangible assets |
905 112 |
805 061 |
|
830 663 |
| Investments in associates |
325 024 |
252 811 |
|
283 068 |
| Deferred taxation |
162 874 |
178 025 |
|
159 088 |
| Derivative financial assets and other investments |
400 898 |
183 673 |
|
185 376 |
| Recoverables on cancelled ships |
511 371 |
– |
|
238 589 |
| Loans and advances to bank customers |
1 778 019 |
1 129 515 |
|
1 483 314 |
| Liquid assets and short-term negotiable securities |
80 335 |
145 701 |
|
104 092 |
| Bank balances and cash |
1 154 197 |
1 565 844 |
|
1 917 695 |
| Other current assets |
4 034 640 |
3 648 138 |
|
3 493 156 |
| Non-current assets held for sale |
5 112 |
2 048 |
|
12 680 |
| Total assets |
14 121 171 |
12 063 045 |
|
12 631 099 |
| Shareholders’ equity |
6 219 750 |
5 854 433 |
|
5 737 980 |
| Minority interest |
116 864 |
96 319 |
|
98 146 |
| Total equity |
6 336 614 |
5 950 752 |
|
5 836 126 |
| Deferred taxation |
14 183 |
20 917 |
|
22 277 |
| Provision for post-retirement medical aid |
77 945 |
75 085 |
|
77 868 |
| Income received in advance |
76 500 |
117 164 |
|
88 441 |
| Deposits from bank customers |
1 786 984 |
1 435 153 |
|
1 756 126 |
| Interest-bearing debt |
2 920 580 |
1 672 988 |
|
2 246 462 |
| |
11 212 806 |
9 272 059 |
|
10 027 300 |
| Non-current liabilities associated with assets held for sale |
3 734 |
– |
|
5 193 |
| Other liabilities |
2 904 631 |
2 790 986 |
|
2 598 606 |
| Total funding |
14 121 171 |
12 063 045 |
|
12 631 099 |
| Net worth per ordinary share – at book value (cents) |
1 205 |
1 130 |
|
1 122 |
| Net debt:equity ratio |
0,187:1 |
0,006:1 |
|
0,04:1 |
| Capital expenditure |
1 011 866 |
800 816 |
|
1 407 629 |
| Capital commitments |
|
|
|
|
| Authorised by directors and contracted for |
1 515 992 |
2 189 011 |
|
2 243 062 |
| |
Due within one year |
1 154 366 |
1 272 355 |
|
1 455 328 |
| |
Due thereafter |
361 626 |
916 656 |
|
787 734 |
| Authorised by directors not yet contracted for |
256 946 |
11 862 |
|
56 434 |
| DIVISIONAL ANALYSIS |
|
|
|
|
| Revenue |
|
|
|
|
| |
Shipping |
2 051 609 |
2 012 189 |
2 |
4 918 406 |
| |
Trading |
11 485 148 |
9 314 514 |
23 |
20 335 439 |
| |
Freight Services |
1 217 824 |
1 031 552 |
18 |
2 302 323 |
| |
Financial Services |
110 782 |
62 093 |
78 |
135 695 |
| |
Group |
18 500 |
– |
n/a |
178 |
| |
14 883 863 |
12 420 348 |
20 |
27 692 041 |
| Trading profit (Earnings before interest, taxation, depreciation and amortisation) |
|
|
|
|
| |
Shipping |
335 206 |
498 153 |
(33) |
774 174 |
| |
Trading |
104 915 |
133 233 |
(21) |
255 743 |
| |
Freight Services |
194 030 |
157 048 |
24 |
387 239 |
| |
Financial Services |
45 209 |
26 843 |
68 |
54 193 |
| |
Group |
6 222 |
(13 865) |
145 |
(36 427) |
| |
685 582 |
801 412 |
(14) |
1 434 922 |
| Operating profit before interest and taxation |
|
|
|
|
| |
Shipping |
279 206 |
431 808 |
(35) |
647 292 |
| |
Trading |
101 846 |
130 270 |
(22) |
249 264 |
| |
Freight Services |
100 674 |
79 596 |
26 |
233 903 |
| |
Financial Services |
44 562 |
25 861 |
72 |
52 192 |
| |
Group |
1 348 |
(13 865) |
110 |
(40 129) |
| |
527 636 |
653 670 |
(19) |
1 142 522 |
| Attributable income |
|
|
|
|
| |
Shipping |
249 615 |
337 209 |
(26) |
492 482 |
| |
Trading |
71 289 |
84 585 |
(16) |
181 233 |
| |
Freight Services |
103 314 |
88 696 |
16 |
221 717 |
| |
Financial Services |
21 276 |
17 878 |
19 |
35 500 |
| |
Group |
(10 001) |
(44 588) |
78 |
(58 169) |
| |
435 493 |
483 780 |
(10) |
872 763 |
