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Condensed consolidated statement of financial performance

for the year ended 30 June 2010

    Audited   Audited  
    Annual   Annual  
  R millions 30.6.10   30.6.09*  
  Revenue 31 962   32 684  
  Earnings before interest, exceptional items,        
     depreciation and amortisation 2 449   3 512  
  Depreciation (649)   (711)  
  Amortisation of intangible assets (25)   (35)  
  Earnings before interest and exceptional items 1 775   2 766  
  Exceptional items (note 3) 101   8  
  Earnings before interest and taxation 1 876   2 774  
  Net interest expense (193)   (20)  
  Earnings before taxation 1 683   2 754  
  Taxation (470)   (612)  
  Earnings after taxation 1 213   2 142  
  Income from equity accounted investments 14   2  
  Earnings from continuing operations 1 227   2 144  
  Profit from discontinued operations (note 4) 2   194  
  Earnings for the year 1 229   2 338  
  Attributable to:        
  – Owners of the parent 1 098   2 018  
  – Non-controlling interests 131   320  
    1 229   2 338  
  Earnings per share (cents)        
  – Diluted 371   678  
  – Basic 373   685  
  Earnings per share from continuing operations (cents)        
  – Diluted 371   646  
  – Basic 372   653  
  Total dividend per ordinary share (cents)** 105   218  
  Operating cash flow per share (cents) 208   470  
  *Reclassified as a result of discontinued operations        
  **Based on year to which dividend relates        
  SUPPLEMENTARY STATEMENT OF FINANCIAL        
  PERFORMANCE INFORMATION        
  Reconciliation of weighted average number of        
  shares in issue (000)        
  Weighted average number of ordinary shares in issue 331 893   331 893  
  Less: Weighted average number of shares held by        
     The Murray & Roberts Trust (7 658)   (7 815)  
  Less: Weighted average number of shares held by        
     Murray & Roberts Limited (676)   (676)  
  Less: Weighted average number of shares held by        
     the Letsema BBBEE trusts (28 946)   (28 946)  
  Weighted average number of shares used for        
     basic per share calculation 294 613   294 456  
  Add: Dilutive adjustment for share options 1 233   3 257  
  Weighted average number of shares used for        
     diluted per share calculation 295 846   297 713  
           
      Headline earnings per share (cents) (note 5)        
      – Diluted 340   675  
      – Basic 341   683  
      Headline earnings per share from        
      continuing operations (cents)        
      – Diluted 339   644  
      – Basic 341   651