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Financial reports

Integrated Report 2011

Annual results 2011

Highlights
  • Underlying operating profit up 6.4% to R517 million
  • Return on Capital Employed (ROCE) of 13.8% (2010: 13.1 %)
  • Underlying earnings per share increased to 102.9 cents (2010: 24.3 cents)
  • Gearing down to 35% from 96% in prior year
  • Maiden cash dividend declared of 40 cents per share

Interim results 2011

Highlights
  • Operating profit of R192 million up 12.5%
  • Successfully listed on the Johannesburg Stock Exchange on
    11 July 2011
  • Net debt lower following re-capitalisation in July, prior to listing