| 9.4 |
Reconciliation between profit for the year and headline earnings
| (R’million) |
Gross |
Taxation |
Non-
controlling
interest |
Net |
|
| 2015 |
|
|
|
|
|
| Continuing operations |
|
|
|
|
|
| Earnings/profit attributable to shareholders of the parent |
|
|
|
1 727,1 |
|
| Adjusted for: |
|
|
|
|
|
| Loss on disposal of plant, equipment and vehicles |
11,7 |
(1,9) |
– |
9,8 |
|
| Impairment of intangible assets |
280,0 |
(10,4) |
– |
269,6 |
|
| Impairment of property, plant and equipment |
1 410,9 |
(3,5) |
(474,2) |
933,2 |
|
| Profit on sale of empowerment shares |
(47,0) |
7,9 |
– |
(39,1) |
|
| Write-off of other assets |
(3,7) |
– |
(1,5) |
(5,2) |
|
| Insurance claim income |
(7,5) |
2,1 |
– |
(5,4) |
|
| Headline earnings adjustments – Associates |
|
|
|
|
|
| – Profit on sale of non-current assets |
(3,0) |
– |
– |
(3,0) |
|
| Headline earnings for the year |
1 641,4 |
(5,8) |
(475,7) |
2 887,0 |
|
| 2014 |
|
|
|
|
|
| Continuing operations |
|
|
|
|
|
| Earnings/profit attributable to shareholders of the parent |
|
|
|
1 990,3 |
|
| Adjusted for: |
|
|
|
|
|
| Profit on disposal of plant, equipment and vehicles |
(13,6) |
2,5 |
– |
(11,1) |
|
| Impairment of intangible assets |
916,4 |
(26,1) |
(20,9) |
869,4 |
|
| Impairment of property, plant and equipment |
145,3 |
(41,9) |
(25,2) |
78,2 |
|
| Write-off of other assets |
3,1 |
(0,9) |
(0,7) |
1,5 |
|
| Insurance claim income |
(43,2) |
12,1 |
– |
(31,1) |
|
| Headline earnings adjustments – Associates |
|
|
|
– |
|
| – Profit on sale of non-current assets |
(9,3) |
1,4 |
– |
(7,9) |
|
| Headline earnings for the year |
998,7 |
(52,9) |
(46,8) |
2 889,3 |
|
| Discontinued operation |
|
|
|
|
|
| Earnings/profit attributable to shareholders of the parent |
|
|
|
29,9 |
|
| Adjusted for: |
|
|
|
|
|
| Gain on remeasurement to fair value on transfer of net assets to held-for-sale |
(18,6) |
– |
6,8 |
(11,8) |
|
| Headline earnings for the year |
(18,6) |
– |
6,8 |
18,1 |
|
|