Basil Read  
ANNUAL REPORT 2009
Milestones in time
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Company income statement  
for the year ended 31 December 2009  
   
  Notes   2009  
R’000  
  2008  
R’000  
Revenue   –     –  
Contracting revenue   –     –  
Other   –     –  
Contracting and other costs   –     –  
Gross profit   –     –  
Admin and operating overheads   (780)    (1 333) 
Dividends received   37 000     38 000  
Other gains/(losses) – net 44   (448)    448  
Operating profit   35 772     37 115  
Interest received 45   9 990     1 894  
Interest paid 45   (8 708)    (2 328) 
Profit before taxation   37 054     36 681  
Taxation   (4 823)    (3 782) 
Profit after taxation   32 231     32 899  
 
   
 
 
 
       
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