Segmental information

30 JUNE 2012

ALL MONETARY AMOUNTS ARE EXPRESSED	Group		Discontinued operations excluded from ongoing operations*		Construction Africa and Middle East		Engineering Africa
IN MILLIONS OF RANDS	2012	2011	2012	2011	2012	2011	2012	2011
SUMMARISED STATEMENT OF FINANCIAL PERFORMANCE
Revenue	35 406	30 535	1 738	2 646	8 108	9 108	5 213	4 094
(Loss)/profit before interest and taxation	(161)	(678)	(17)	(710)	(1 317)	(1 399)	200	(51)
Net interest (expense)/income	(248)	(194)	(32)	(58)	(69)	(44)	(71)	(19)
Loss)/profit before taxation	(409)	(872)	(49)	(768)	(1 386)	(1 443)	129	(70)
Taxation (expense)/credit	(245)	(196)	(33)	118	(79)	(106)	(61)	98
(Loss)/profit after taxation	(654)	(1 068)	(82)	(650)	(1 465)	(1 549)	68	28
Income/(loss) from equity accounted investments	143	86	1	(16)	9	(2)	–	–
Loss from discontinued operations	(81)	(666)	–	–	–	–	–	–
Non-controlling interests	(144)	(87)	–	–	(9)	(6)	(4)	(4)
(Loss)/profit attributable to holders of Murray & Roberts Holdings
Limited	(736)	(1 735)	(81)	(666)	(1 465)	(1 557)	64	24
SUMMARISED STATEMENT OF FINANCIAL POSITION
Non-current assets	7 957	5 128	142	145	3 271	1 208	672	737
Current assets**	14 048	13 997	949	2 692	3 158	4 872	1 494	586
Goodwill	437	435	–	–	52	44	52	52
Total assets	22 442	19 560	1 091	2 837	6 481	6 124	2 218	1 375
Equity attributable to owners of Murray & Roberts Holdings Limited	5 887	4 221	1 019	1 198	1 062	659	404	150
Non-controlling interests	1 215	1 100	35	425	6	18	8	4
Total equity	7 102	5 321	1 054	1 623	1 068	677	412	154
Non-current liabilities	1 596	1 873	–	30	891	689	158	134
Current liabilities**	13 744	12 366	37	1 184	4 522	4 758	1 648	1 087
Total equity and liabilities	22 442	19 560	1 091	2 837	6 481	6 124	2 218	1 375
SUMMARISED STATEMENT OF CASH FLOWS
Cash generated by/(utilised in) operations before working
capital changes	535	646	(25)	(103)	(1 314)	(384)	439	32
Discontinued property activities	–	(6)	–	(6)	–	–	–	–
Change in working capital	(2 115)	232	(83)	39	(957)	(676)	(408)	(71)
Cash (utilised in)/generated by operations	(1 580)	872	(108)	(70)	(2 271)	(1 060)	31	(39)
Interest and taxation	(710)	(538)	33	(59)	7	(56)	(127)	49
Operating cash flow	(2 290)	334	(75)	(129)	(2 264)	(1 116)	(96)	10

ALL MONETARY AMOUNTS ARE EXPRESSED	Construction Products Africa		Construction Global Underground Mining		Construction Australasia Oil & Gas and Minerals		Corporate and Properties
IN MILLIONS OF RANDS	2012	2011	2012	2011	2012	2011	2012	2011
SUMMARISED STATEMENT OF FINANCIAL PERFORMANCE
Revenue	3 738	4 157	9 859	7 789	8 484	5 387	4	–
(Loss)/profit before interest and taxation	197	192	605	602	286	269	(132)	(291)
Net interest (expense)/income	(122)	(189)	(1)	14	28	29	(13)	15
Loss)/profit before taxation	75	3	604	616	314	298	(145)	(276)
Taxation (expense)/credit	(15)	(1)	(177)	(189)	(53)	(17)	140	19
(Loss)/profit after taxation	60	2	427	427	261	281	(5)	(257)
Income/(loss) from equity accounted investments	–	(12)	–	–	134	91	–	9
Loss from discontinued operations	–	–	–	–	–	–	–	–
Non-controlling interests	(1)	6	1	3	(131)	(86)	–	–
(Loss)/profit attributable to holders of Murray & Roberts Holdings
Limited	59	(4)	428	430	264	286	(5)	(248)
SUMMARISED STATEMENT OF FINANCIAL POSITION
Non-current assets	877	857	1 196	870	1 558	1 053	241	258
Current assets**	1 197	1 315	2 613	1 978	4 250	2 005	387	549
Goodwill	–	–	37	35	296	304	–	–
Total assets	2 074	2 172	3 846	2 883	6 104	3 362	628	807
Equity attributable to owners of Murray & Roberts Holdings Limited	931	992	1 451	1 047	1 987	1 322	(967)	(1 147)
Non-controlling interests	22	26	12	1	1 132	626	–	–
Total equity	953	1 018	1 463	1 048	3 119	1 948	(967)	(1 147)
Non-current liabilities	20	83	382	304	105	78	40	555
Current liabilities**	1 101	1 071	2 001	1 531	2 880	1 336	1 555	1 399
Total equity and liabilities	2 074	2 172	3 846	2 883	6 104	3 362	628	807
SUMMARISED STATEMENT OF CASH FLOWS
Cash generated by/(utilised in) operations before working
capital changes	327	441	861	737	422	229	(175)	(306)
Discontinued property activities	–	–	–	–	–	–	–	–
Change in working capital	(13)	646	(172)	94	(168)	164	(314)	36
Cash (utilised in)/generated by operations	314	1 087	689	831	254	393	(489)	(270)
Interest and taxation	(113)	(209)	(286)	(101)	15	(5)	(239)	(157)
Operating cash flow	201	878	403	730	269	388	(728)	(427)

*	Includes the Group’s properties divisions, interest in Steel reinforcing bar manufacture and trading operations, Johnson Arabia crane hire and Clough’s marine operations.
**	Includes assets/liabilities classified as held-for-sale.