Income Statements
for the year ended 30 June 2006

Group Company         Restated                 2006   2005   2006   2005     Notes   R’000   R’000   R’000   R’000   Revenue 1   2 387 210   1 937 769   –   –   Cost of sales     (1 051 868)   (850 289)   –   –   Gross profit     1 335 342   1 087 480   –   –   Other operating income     25 636   17 753   –   6 527   Other operating expenses     (829 529)   (690 194)   (5 532)   (6 870)   Operating profit/(loss) before depreciation     531 449   415 039   (5 532)   (343)   Depreciation 9   (65 321)   (57 151)   –   –   Amortisation of software 10   (5 091)   (4 688)   –   –   Operating profit/(loss) before amortisation of other intangibles, share option expense, unrealised foreign exchange and exceptional items     461 037   353 200   (5 532)   (343)   Amortisation of other intangible assets     (4 045)   (13)   –   –   Share option expense     (7 570)   ( 3 906)   –   –   Net unrealised foreign exchange (losses)/gains     (5 200)   117   –   (25)   Exceptional items 2   (87 863)   16 368   (104 562)   31 540   Operating profit/(loss) 3   356 359   365 766   (110 094)   31 172   Investment income 4   12 821   7 739   24 094   10 059   Finance costs 5   (60 344)   (55 073)   (23 069)   (15 013)   Share of associated companies' profits 6   –   457           Profit/(loss) before tax     308 836   318 889   (109 069)   26 218   Income tax (expense)/credit 7   (102 055)   (87 377)   663   599   Profit/(loss) for the year from continuing operations     206 781   231 512   (108 406)   26 817   Profit for the year from discontinued operations 18   204   148   –   –   Profit/(loss) for the year     206 985   231 660   (108 406)   26 817   Attributable to:                     Ordinary shareholders     182 177   214 320   (110 035)   26 817   Preference shareholders     1 629   –   1 629   –   Minority interest     23 179   17 340                 206 985   231 660   (108 406)   26 817   Earnings per share attributable to ordinary shareholders (cents)                     – Basic 8   81   96           – Diluted 8   78   94           Earnings per share from continuing operations attributable to                     ordinary shareholders (cents)                     – Basic 8   81   96           – Diluted 8   78   94           back to top