CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL PERFORMANCE

for the six months ended 31 December 2014

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R millions Reviewed
6 months to
31 December
2014
  Reviewed8
6 months to
31 December
2013
  Audited
Annual
30 June
2014
 
Continuing operations            
Revenue 15 948   18 802   36 039  
Profit before interest, depreciation and amortisation 768   980   2 241  
Depreciation (291)   (330)   (685)  
Amortisation of intangible assets (20)   (12)   (23)  
Profit before interest and taxation (note 2) 457   638   1 533  
Net interest expense (44)     (58)  
Profit before taxation 413   638   1 475  
Taxation (78)   (261)   (499)  
Profit after taxation 335   377   976  
Income from equity accounted investments 2     1  
Profit from continuing operations 337   377   977  
Profit from discontinued operations (note 3) 32   486   423  
Profit for the period 369   863   1 400  
Attributable to:            
– Owners of Murray & Roberts Holdings Limited 359   724   1 261  
– Non-controlling interests 10   139   139  
  369   863   1 400  
Profit per share from continuing and discontinued operations (cents)            
– Diluted 87   175   305  
– Basic 89   178   310  
Profit per share from continuing operations (cents)            
– Diluted 80   58   203  
– Basic 82   59   206  
Net asset value per share (Rands) 14   12   13  
Dividends per share (cents)     50  
Supplementary statement of financial performance information            
Number of ordinary shares in issue (‘000) 444 736   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   444 736  
Less: Weighted average number of shares held by The Murray & Roberts Trust (30)   (1 959)   (331)  
Less: Weighted average number of shares held by the Letsema BBBEE trusts (31 735)   (31 817)   (31 770)  
Less: Weighted average number of shares held by the subsidiary companies (9 449)   (4 758)   (6 167)  
Weighted average number of shares used for basic per share calculation 403 522   406 202   406 468  
Add: Dilutive adjustment for share options 10 191   7 543   7 592  
Weighted average number of shares used for diluted per share calculation 413 713   413 745   414 060  
Headline profit per share from continuing and discontinued operations (cents) (note 4)            
– Diluted 85   86   217  
– Basic 88   88   221  
Headline profit per share from continuing operations (cents) (note 4)            
– Diluted 79   57   205  
– Basic 81   58   208  
8 Restated for discontinued operations.
 

 

 

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