ANNUAL
RESULTS
ANNUAL
RESULTS
for the year ended 30 June 2019
| Download (EXCEL) |
| R millions | Reviewed Annual 30 June 2019 |
Audited Annual 30 June 2018 |
| Continuing operations | ||
| Revenue | 20 167 | 21 847 |
| – Continuing operations excluding Middle East | 20 113 | 21 379 |
| – Middle East | 54 | 468 |
| Profit before interest, depreciation and amortisation | 1 268 | 1 331 |
| Depreciation | (418) | (429) |
| Amortisation of intangible assets | (59) | (38) |
| Profit before interest and taxation (note 2) | 791 | 864 |
| – Continuing operations excluding Middle East | 847 | 898 |
| – Middle East | (56) | (34) |
| Net interest expense | (53) | (41) |
| Profit before taxation | 738 | 823 |
| Taxation | (297) | (298) |
| Profit after taxation | 441 | 525 |
| (Loss)/income from equity accounted investments | (4) | 21 |
| Profit from continuing operations | 437 | 546 |
| Loss from discontinued operations (note 3) | (91) | (278) |
| Profit for the period | 346 | 268 |
| Attributable to: | ||
| – Owners of Murray & Roberts Holdings Limited | 337 | 267 |
| – Non-controlling interests | 9 | 1 |
| 346 | 268 | |
| Earnings per share from continuing and discontinued operations (cents) | ||
| – Diluted | 83 | 66 |
| – Basic | 85 | 67 |
| Earnings per share from continuing operations (cents) | ||
| – Diluted | 105 | 134 |
| – Basic | 108 | 137 |
| Supplementary information | ||
| Net asset value per share (Rands) | 13 | 15 |
| Dividends declared per share (cents) | 55 | 50 |
| Number of ordinary shares in issue ('000) | 444 736 | 444 736 |
| Reconciliation of weighted average number of shares in issue ('000) | ||
| Weighted average number of ordinary shares in issue | 444 736 | 444 736 |
| Less: Weighted average number of shares held by The Murray & Roberts Trust | – | (5) |
| Less: Weighted average number of shares held by the Letsema BBBEE trusts | (31 696) | (31 696) |
| Less: Weighted average number of shares held by the subsidiary companies | (15 564) | (14 893) |
| Weighted average number of shares used for basic per share calculation | 397 476 | 398 142 |
| Add: Dilutive adjustment | 8 485 | 7 803 |
| Weighted average number of shares used for diluted per share calculation | 405 961 | 405 945 |
| Earnings per share from continuing operations (cents) | ||
| – Diluted | 105 | 134 |
| – Adjusted diluted earnings per share excluding Middle East | 118 | 142 |
| – Diluted earnings per share contributed by Middle East | (13) | (8) |
| – Basic | 108 | 137 |
| – Adjusted basic earnings per share excluding Middle East | 121 | 145 |
| – Basic earnings per share contributed by Middle East | (13) | (8) |
| Headline earnings per share from continuing and discontinued operations (cents) (note 4) | ||
| – Diluted | 78 | 46 |
| – Basic | 80 | 47 |
| Headline earnings per share from continuing operations (cents) (note 4) | ||
| – Diluted | 101 | 112 |
| – Adjusted diluted headline earnings per share excluding Middle East | 114 | 120 |
| – Diluted headline earnings per share contributed by Middle East | (13) | (8) |
| – Basic | 103 | 114 |
| – Adjusted basic headline earnings per share excluding Middle East | 116 | 122 |
| – Basic headline earnings per share contributed by Middle East | (13) | (8) |