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| CURRENCY OF FINANCIAL STATEMENTS |
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| The financial statements are expressed in South African Rand. |
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| The exchange rates at 30 June were as follows: |
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|
2009 |
2008 |
| US Dollar |
|
7,78 |
7,84 |
| Pound Sterling |
|
12,76 |
15,61 |
| Euro |
|
10,92 |
12,35 |
| Australian Dollar |
|
6,25 |
7,55 |
| Brazilian Real |
|
3,99 |
4,93 |
| Mexican Peso |
|
0,59 |
0,76 |
SELECTED GROUP FINANCIAL DATA TRANSLATED
INTO US DOLLAR |
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| Income statement and cash flow information was translated at an average rate of R8,90 (2008: R7,32). |
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| |
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| The statement of financial position information was translated at a closing rate of R7,78 (2008: R7,84). |
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%
growth |
2009
USD'million |
2008
USD'million |
| INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2009 |
|
|
|
| CONTINUING OPERATIONS |
|
|
|
| Revenue |
48,4 |
949,4 |
639,7 |
| Cost of sales |
|
(512,8) |
(343,1) |
| Gross profit |
47,2 |
436,6 |
296,6 |
| Net operating expenses |
|
(165,8) |
(117,0) |
| Operating profit before amortisation |
50,8 |
270,8 |
179,6 |
| Amortisation of intangible assets |
|
(25,5) |
(16,1) |
| Operating profit |
50,1 |
245,3 |
163,5 |
| Investment income |
|
25,2 |
36,0 |
| Financing costs |
|
(78,6) |
(38,4) |
| |
|
191,9 |
161,1 |
| Share of after-tax net losses of associates |
|
(0,4) |
(0,2) |
| Profit before tax |
19,0 |
191,5 |
160,8 |
| Tax |
|
(40,7) |
(45,5) |
| Profit after tax from continuing operations |
30,7 |
150,8 |
115,3 |
| DISCONTINUED OPERATIONS |
|
|
|
| Profit for the year from discontinued operations |
|
1,2 |
2,7 |
| Profit for the year |
28,7 |
152,0 |
118,0 |
| Attributable to: |
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|
|
| Equity holders of the parent |
|
150,5 |
117,9 |
| Minority interests |
|
1,5 |
0,2 |
| |
|
152,0 |
118,1 |
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| |
| |
%
growth |
2009
USD'million |
2008
USD'million |
| STATEMENT OF FINANCIAL POSITION AT 30 JUNE 2009 |
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| ASSETS |
|
|
|
| Non-current assets |
|
|
|
| Property, plant and equipment |
|
304,9 |
222,5 |
| Intangible assets |
|
578,4 |
550,1 |
| Other non-current assets |
|
5,9 |
4,0 |
| Total non-current assets |
14,5 |
889,2 |
776,6 |
| Current assets |
|
|
|
| Inventories |
|
184,3 |
184,6 |
| Trade and other receivables |
|
269,9 |
228,4 |
| Cash and cash equivalents |
|
265,3 |
194,2 |
| Total current assets |
18,5 |
719,5 |
607,2 |
| Total assets |
16,2 |
1 608,7 |
1 383,8 |
| SHAREHOLDERS’ EQUITY |
|
|
| Ordinary shareholders’ equity |
516,7 |
391,8 |
| Preference shares – equity component |
|
20,8 |
22,9 |
| Minority interests |
|
10,3 |
8,5 |
| Total shareholders’ equity |
29,4 |
547,8 |
423,2 |
| LIABILITIES |
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|
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| Non-current liabilities |
|
|
|
| Preference shares – liability component |
|
50,4 |
51,3 |
| Borrowings |
|
441,1 |
9,7 |
| Deferred-payables and other non-current financial liabilities |
|
1,2 |
1,5 |
| Deferred tax liabilities |
|
26,1 |
19,8 |
| Total non-current liabilities |
530,6 |
518,8 |
82,3 |
| Current liabilities |
|
|
|
| Trade and other payables |
|
167,0 |
128,1 |
| Financial liability at amortised cost |
|
— |
338,4 |
| Borrowings |
|
343,0 |
395,9 |
| Other current financial liabilities |
|
32,1 |
15,9 |
| Total current liabilities |
(38,3) |
542,1 |
878,3 |
| Total equity and liabilities |
16,2 |
1 608,7 |
1 383,8 |
| |
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|
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 JUNE 2009 |
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|
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| Cash flows from operating activities |
62,9 |
145,2 |
89,1 |
| Cash used in investing activities |
|
(399,6) |
(198,9) |
| Cash outflow from financing activities |
|
351,5 |
165,4 |
| Effects of exchange rate changes |
|
(47,7) |
(5,5) |
| Movement in cash and cash equivalents |
|
49,4 |
50,1 |
| Cash and cash equivalents at the beginning of the year |
|
120,5 |
70,4 |
| Cash and cash equivalents at the end of the year |
|
169,9 |
120,5 |
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