Reconciliation of headline earnings with net earnings
International Financial Reporting Standards Basis
Figures are in millions unless otherwise stated
|
|
SOUTH AFRICAN RAND |
UNITED STATES DOLLARS |
|
|
March
2009 |
|
December
2008 |
|
March
2008 |
|
March
2009 |
|
December
2008 |
|
March
2008 |
|
|
Net earnings |
1,306.6 |
|
483.1 |
|
1,248.0 |
|
140.4 |
|
54.2 |
|
166.8 |
|
|
(Profit)/loss on sale of investments |
213.6 |
|
(1.6) |
|
- |
|
23.3 |
|
(0.2) |
|
- |
|
|
Loss/(profit) on sale of assets |
(11.0) |
|
2.9 |
|
(3.2) |
|
(1.2) |
|
0.3 |
|
(0.3) |
|
|
Taxation effect on sale of assets |
2.4 |
|
(0.3) |
|
0.9 |
|
0.3 |
|
- |
|
0.1 |
|
|
Impairment of assets/other |
- |
|
- |
|
- |
|
- |
|
0.3 |
|
- |
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|
Other exceptional items |
- |
|
- |
|
- |
|
(0.3) |
|
- |
|
8.9 |
|
|
Headline earnings |
1,511.6 |
|
484.1 |
|
1,245.7 |
|
162.5 |
|
54.6 |
|
175.5 |
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|
Headline earnings per share – cents |
225 |
|
74 |
|
191 |
|
24 |
|
8 |
|
27 |
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|
Based on headline earnings as given above divided by 669,602,482 for March 2009 (December 2008 – 653,341,082
and March 2008 – 652,691,549) being the weighted average number of ordinary shares in issue. |
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