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Tiger Brands Limited integrated annual report
2015 39
Summary of ratios and statistics
2015
2014
Restated*
2013
2012
2011
Ordinary share performance
Number of ordinary shares upon which headline earnings
per share is based (000)
2
161 693
160 127 159 755 159 263 158 655
Headline earnings per ordinary share (cents)
1 786
1 816 1 629 1 689
1 575
Dividends per ordinary share (cents)
1
950
940
865
850
791
Dividend cover (times)
1
1,9
1,9
1,9
2,0
2,0
Net worth per ordinary share (cents)
8 507
8 221 7 998 7 086
6 209
Profitability and asset management
Asset turnover (times)
2,3
2,1
2,2
2,6
2,8
Working capital per R1 000 turnover (R)
22,3
22,1
23,2
22,5
20,1
Operating margin (%)
11,6
11,8
11,4
15,3
15,9
Effective taxation rate (%) – as defined
56,2
30,9
25,9
27,0
28,2
Return on equity (%)
24,8
22,7
19,7
24,1
25,0
Return on average net assets (%)
26,4
24,6
24,6
33,8
38,2
Financing
Current ratio
1,3
1,1
1,1
1,5
1,4
Net interest cover (times)
9
9
8
25
51
Net debt/(cash) to net funding (%)
22
20
24
9
14
Total liabilities to total shareholders’ funds (%)
74
72
71
47
51
Cash flow to net liabilities (%)
31
36
32
60
56
Employee statistics
Number of employees at year end
3
20 591
16 884 15 048 12 739 12 894
– Permanent
14 220
12 925 12 760
10 878
10 755
– Seasonal
6 371
3 959 2 288 1 861 2 139
Revenue per employee (R000)
1 534
1 784 1 798 1 788 1 588
Value added per employee (R000)
395
474
466
515
460
Operating profit per employee (R000)
177
211
159
216
200
Economic indicators
Consumer price index (September on September)
4,5%
5,9%
6,0%
5,5%
5,7%
Key closing exchange rates at 30 September vs ZAR
– USD
13,87
11,32 10,05
8,29
8,10
– GBP
21,05
18,35 16,23
13,38
12,60
– EUR
15,52
14,28 13,60
10,69
10,88
Stock exchange statistics
Market price per share (cents)
– year end
30 479
31 543 29 911
27 312
21 000
– highest
40 086
32 200 33 499
29 321
21 050
– lowest
26 732
24 444 26 700
20 252
17 297
Number of transactions
873 519
508 975 553 725 418 955 373 418
Number of shares traded (000)
179 732
139 926 140 315 150 973 157 833
Value of shares traded (Rm)
57 859
39 468 41 357
38 662
29 955
Number of shares traded as a percentage of total
issued shares
93,6
72,9
73,3
79,0
82,8
Dividend yield at year end (%)
3,1
3,0
2,9
3,1
3,8
Earnings yield at year end (%)
5,9
5,9
5,5
6,2
7,5
Price earnings ratio at year end
17
17
18
16
13
Market capitalisation at year end (Rm)
58 541
60 546 57 294
52 219
40 035
Market capitalisation to shareholders’ equity
at year end (times)
4,2
4,6
4,5
4,6
4,1
*
The amounts have been restated due to the adoption of IAS 19R.
1
Based on the sum of the interim dividend paid in the current year and the final dividend declared post-year end. Also includes capital
distributions paid out of share premium in January 2011.
2
Net of treasury and empowerment shares.
3
Includes employees of international operations.