Ten-year financial review

30 JUNE 2012

ALL MONETARY AMOUNTS ARE	IFRS restated*								SA GAAP
EXPRESSED IN MILLIONS OF RANDS	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
SUMMARISED STATEMENTS OF
FINANCIAL PERFORMANCE*
Revenue	35 406	30 535	27 851	30 006	23 290	15 364	9 289	8 083	8 424	10 111
(Loss)/profit before interest and taxation	(161)	(678)	1 535	2 557	1 792	1 128	515	356	405	628
Net interest (expense)/income**	(248)	(194)	(122)	111	87	38	34	16	10	(66)
(Loss)/profit before taxation	(409)	(872)	1 413	2 668	1 879	1 166	549	372	415	562
Taxation expense	(245)	(196)	(414)	(575)	(482)	(299)	(168)	(120)	(27)	(76)
(Loss)/profit after taxation	(654)	(1 068)	999	2 093	1 397	867	381	252	388	486
Income/(loss) from equity
accounted investments	143	86	15	2	9	(107)	1	78	114	97
(Loss)/profit from discontinued operations	(81)	(666)	215	243	657	36	179	163	-	-
Non-controlling interests	(144)	(87)	(131)	(320)	(349)	(94)	(49)	(30)	(25)	(9)
(Loss)/profit attributable to owners of
Murray & Roberts Holdings Limited	(736)	(1 735)	1 098	2 018	1 714	702	512	463	477	574
SUMMARISED STATEMENTS OF
FINANCIAL POSITION
Non-current assets	7 323	4 658	5 268	5 464	4 835	3 953	3 389	2 547	2 422	2 082
Current assets	14 048	13 997	14 960	17 235	16 118	8 836	6 797	5 475	3 671	4 211
Goodwill	437	435	554	490	488	206	147	48	5	10
Deferred taxation assets	634	470	343	305	208	16	52	34	33	–
Total assets	22 442	19 560	21 125	23 494	21 649	13 011	10 385	8 104	6 131	6 303
Equity attributable to owners of
Murray & Roberts Holdings Limited	5 887	4 221	6 203	5 581	4 865	3 637	3 086	3 067	2 603	2 485
Non-controlling interests	1 215	1 100	974	1 053	960	178	108	97	54	13
Total equity	7 102	5 321	7 177	6 634	5 825	3 815	3 194	3 164	2 657	2 498
Non-current liabilities	1 596	1 873	2 383	1 447	1 290	1 103	1 028	890	734	713
Current liabilities	13 744	12 366	11 565	15 413	14 534	8 093	6 163	4 050	2 740	3 092
Total equity and liabilities	22 442	19 560	21 125	23 494	21 649	13 011	10 385	8 104	6 131	6 303

*	IFRS restated numbers are only for continuing operations whereas SA GAAP numbers are for both continuing and discontinued operations.
**	Includes currency conversion effects on offshore treasury funds in 2003.