Group income statement

for the year ended 30 June 2009

  Note   Year  
ended  
30 June  
2009  
R'000  
  16 months  
ended  
30 June  
2008  
R'000  
Continuing operations:          
Sales of goods and rendering of services     8 173 587     9 239 704  
Interest on trade receivables financed by banks     504 678     586 772  
Interest on other trade receivables     102 164     131 954  
Total revenue 24   8 780 429     9 958 430  
Cost of sales     (6 327 869)    (7 600 843) 
Gross profit     2 452 560     2 357 587  
Other operating income     118 785     131 586  
Selling and administration expenses     (1 331 252)    (1 463 262) 
Operating profit 25   1 240 093     1 025 911  
Finance costs 26   (720 162)    (609 533) 
Share of profit/(loss) of associates     32 742     (58) 
Profit before income tax     552 673     416 320  
Income tax expense 28   (106 370)    (32 368) 
Profit for the period from continuing operations     446 303     383 952  
Discontinued operations:          
Loss for the period from discontinued operations 29   (92 374)    (85 407) 
Profit for the period     353 929     298 545  
Profit for the period attributable to:          
Equity holders of the Company     233 073     220 403  
Minority interest          
– Agri Sizwe partners     109 833     73 832  
– Other outside shareholders’ interest     11 023     4 310  
Profit for the period     353 929     298 545  
Earnings per share from continuing operations attributable to the equity holders of the Company during the period (cents per share)     93,8     89,2  
Loss per share form discontinued operations attributable to the equity holders of the Company during the period (cents per share)     (21,1)    (19,7) 
Earnings per share from all operations attributable to the equity holders of the Company during the period (cents per share) 30   72,7     69,5  
Diluted earnings per share from continuing operations attributable to the equity holders of the Company during the period (cents per share)     86,9     82,9  
Diluted loss per share from discontinued operations attributable to the equity holders of the Company during the period (cents per share)     (19,6)    (18,3) 
Diluted earnings per share from all operations attributable to the equity holders of the Company during the period (cents per share) 31   67,3     64,6