Performance in the year

RESILIENT FINANCIAL PERFORMANCE AND RECORD-LOW SAFETY RECORD

REVENUE
R21,4 BILLION
FY2016: R26,1 billion
HEPS
(excl. Middle East)
(DILUTED CONTINUING)
212 CENTS
FY2016: 197 cents
HEPS (TOTAL)
(DILUTED CONTINUING)
72 CENTS
FY2016: 178 cents
ORDER BOOK (CONTINUING)
R26,9 BILLION
FY2016: R28,7 billion
DIVIDEND
45 CENTS
FY2016: 45 cents
NET CASH
R1,8 BILLION
FY2016: R1,8 billion
ATTRIBUTABLE
EARNINGS
R48 MILLION
FY2016: R753 million
EMPLOYEES
14 239
FY2016: 17 047
TRAINING SPEND
R144 MILLION
FY2016: R121 million
BBBEE
LEVEL 3
GENERIC CODES

ATTRIBUTABLE EARNINGS AND DILUTED CONTINUING HEPS

ATTRIBUTABLE EARNINGS WERE IMPACTED BY THE FOLLOWING EXCEPTIONAL ITEMS:
  • R570 million loss incurred in the Middle East.
  • R160 million profit realised in Bombela Civils JV, following settlement of Gautrain claim.
  • R170 million net present value charge of the cash contribution over 12 years in terms of the Voluntary Rebuilding Programme with the South African Government.
ATTRIBUTABLE EARNINGS AND DILUTED CONTINUING HEPS


         2013     2014     2015     2016     2017      
      TOTAL ATTRIBUTABLE EARNINGS (Rm) 1 004      1 261     881     753     48       
   CONTINUING ATTRIBUTABLE EARNINGS (Rm) 976      801     810     889     301       
   DISCONTINUED ATTRIBUTABLE EARNINGS (Rm) 28     460     71     (136)    (253)     
   DILUTED CONTINUING HEPS (CENTS) 192     194     195     178     72      
1 Restated for Mooikloof investment moved from discontinued to continuing operations.
Impact of Middle East losses.

LTIFR1
0.52
FY2016: 0.68
TRCR2
3.1
FY2016: 4

1 Lost Time Injury Frequency Rate.
2 Total Recordable Case Rate.

HEALTH AND SAFETY

The Group achieved a record-low safety performance during the year in its progress towards Zero Harm. Sadly there was one fatality in the Southern African Infrastructure & Building platform on 12 July 2016.

We work towards continuous health and safety improvement by better understanding our exposure risk, benchmarking ourselves against clients and peers, and by implementing lessons from incidents and audits.

INVESTMENT MARGINS AND ASPIRATIONS