Annual Integrated Report

2019

Gathering
Momentum

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Underground Mining + Oil & Gas + Power & Water

Consolidated statement of financial performance

FOR THE YEAR ENDED 30 JUNE 2019

ALL MONETARY AMOUNTS ARE EXPRESSED IN MILLIONS OF RANDS  Notes    2019     2018   
Continuing operations             
Revenue  26    20 167,0    21 847,0   
Continuing operations excluding Middle East      20 112,6    21 379,5   
Middle East      54,4    467,5   
Profit before interest, depreciation and amortisation      1 268,1    1 330,6   
Depreciation      (418,4)   (428,6)  
Amortisation of intangible assets      (58,8)   (38,2)  
Profit before interest and taxation   27    790,9    863,8   
Continuing operations excluding Middle East      846,7    898,2   
Middle East      (55,8)   (34,4)  
Interest expense  28    (125,5)   (104,4)  
Interest income  29    72,4    63,3   
Profit before taxation      737,8    822,7   
Taxation expense  30    (296,9)   (297,7)  
Profit after taxation      440,9    525,0   
(Loss)/income from equity accounted investments      (4,2)   20,9   
Profit for the year from continuing operations      436,7    545,9   
Loss from discontinued operations  31    (90,6)   (278,1)  
Profit for the year      346,1    267,8   
Attributable to:             
  Owners of Murray & Roberts Holdings Limited      336,9    266,8   
  Non-controlling interests  16    9,2    1,0   
      346,1    267,8   
Basic and diluted earnings per share were 85 cents (2018: 67 cents) and 83 cents (2018: 66 cents) respectively.
Continuing basic and diluted earnings per share were 108 cents (2018: 137 cents) and 105 cents (2018: 134 cents) respectively.
For further details refer to note 32 of the consolidated financial statements.