Q4 F2010

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

 
    December   December   December   December  
    2010   2009   2010   2009  
  Net (loss)/earnings (76.3)   2,415.8   (10.7)   315.8  
  (Loss)/profit on sale of investments 2.5   (758.7)   0.4   (99.2)  
  Taxation effect on sale of investments (0.4)   116.6   (0.1)   15.2  
  Profit on sale of assets (4.9)   (1.1)   (0.7)   (0.1)  
  Taxation effect on sale of assets 1.9   0.5   0.1   0.1  
  Impairment of investments and other -   59.9   -   7.9  
  Headline (loss)/earnings (77.2)   1,833.0   (11.0)   239.7  
  Headline (loss)/earnings per share – cents (11)   260   (2)   34  
  Based on headline (loss)/earnings as given above divided by 711,011,673                
  (December 2009 – 705,208,148) being the weighted average number of                
  ordinary shares in issue.