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 end3 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.