> Segmental information

Segment profit or loss –
Continuing operations
    GROUP
CONTINUING
OPERATIONS
    LOGISTICS
AFRICA
LOGISTICS
INTERNATIONAL
    TOTAL
LOGISTICS
   
R million     2016   2015     2016   2015   2016   2015     2016 2015    
Revenue     115 738   107 453     27 119   25 347   20 793   19 071     47 912 44 418    
– South Africa     66 010   67 101     15 266   15 372           15 266 15 372    
– Rest of Africa     13 288   10 481     11 853   9 974           11 853 9 974    
– International     36 440   29 871         1   20 793   19 071     20 793 19 072    
Operating profit     5 893   5 671     1 530   1 587   1 013   958     2 543 2 545    
– South Africa     3 724   3 828     750   952           750 952    
– Rest of Africa     853   668     780   632           780 632    
– International     1 316   1 175         3   1 013   958     1 013 961    
Depreciation, amortisation, impairments and recoupment     3 119   2 878     902   924   777   739     1 679 1 663    
– South Africa     1 924   1 754     604   636           604 636    
– Rest of Africa     326   305     298   288           298 288    
– International     869   819             777   739     777 739    
Net finance costs     1 440   1 194     533   407   207   180     740 587    
– South Africa     913   825     314   281           314 281    
– Rest of Africa     244   135     219   126           219 126    
– International     283   234             207   180     207 180    
Pre-tax profits*     3 841   4 093     777   1 037   585   647     1 362 1 684    
– South Africa     2 663   2 893     424   661           424 661    
– Rest of Africa     389   404     353   373           353 373    
– International     789   796         3   585   647     585 650    
Additional segment information – Continuing operations                                        
Analysis of revenue by type                                        
– Sale of goods     70 228   63 966     10 065   8 216           10 065 8 216    
– Rendering of services     45 510   43 487     16 947   17 008   20 793   19 070     37 740 36 078    
    115 738   107 453     27 012   25 224   20 793   19 070     47 805 44 294    
Inter-group revenue               107   123       1     107 124    
      115 738   107 453     27 119   25 347   20 793   19 071     47 912 44 418    
Analysis of depreciation, amortisation, impairment and recoupments     3 119   2 878     902   924   777   739     1 679 1 663    
– Depreciation and amortisation     2 601   2 520     717   731   619   575     1 336 1 306    
– Recoupments and impairments     (70)   (57)     (35)   (20)   (35)   (16)     (70) (36)    
– Amortisation and impairment of intangible    assets arising on business combinations     588   415     220   213   193   180     413 393    
Share of result of associates and joint ventures included  in pre-tax profits     133   33     33   34   25   25     58 59    

Segment profit or loss –
Continuing operations
VEHICLE IMPORT,
DISTRIBUTION AND
DEALERSHIPS
VEHICLE RETAIL,
RENTAL AND
AFTER MARKET PARTS
MOTOR-RELATED
FINANCIAL SERVICES
AND PRODUCTS
    TOTAL
VEHICLES
   
R million 2016   2015   2016   2015   2016         2016 2015    
Revenue 28 473   27 437   41 045   37 547   1 634   1 429     71 152 66 413    
– South Africa 22 975   23 898   29 461   29 780   1 634   1 429     54 070 55 107    
– Rest of Africa 1 306   388   129   119           1 435 507    
– International 4 192   3 151   11 455   7 648             15 647 10 799    
Operating profit 1 149   960   1 677   1 677   669   620     3 495 3 257    
– South Africa 1 033   885   1 403   1 491   669   620     3 105 2 996    
– Rest of Africa 37   4   36   32           73 36    
– International 79   71   238   154             317 225    
Depreciation, amortisation, impairments and recoupment 696   546   721   662   150   117     1 567 1 325    
– South Africa 670   531   626   579   150   117     1 446 1 227    
– Rest of Africa 8   3   21   14           29 17    
– International 18   12   74   69             92 81    
Net finance costs 495   494   346   313   (5)         836 807    
– South Africa 469   473   279   271   (5)       743 744    
– Rest of Africa 17   3   8   6           25 9    
– International 9   18   59   36             68 54    
Pre-tax profits* 433   458   1 317   1 388   712   647     2 462 2 493    
– South Africa 357   399   1 123   1 260   712   647     2 192 2 306    
– Rest of Africa 9   5   27   26           36 31    
– International 67   54   167   102             234 156    
Additional segment information – 
Continuing operations
                                 
Analysis of revenue by type                                  
– Sale of goods 24 750   23 441   35 413   32 308           60 163 55 749    
– Rendering of services 2 099   2 295   5 035   4 515   613   594     7 747 7 404    
26 849   25 736   40 448   36 823   613   594     67 910 63 153    
Inter-group revenue 1 624   1 701   597   724   1 021   835     3 242 3 260    
  28 473   27 437   41 045   37 547   1 634   1 429     71 152 66 413    
Analysis of depreciation, amortisation, impairment and recoupments 696   546   721   662   150   117     1 567 1 325    
– Depreciation and amortisation 581   553   653   659   144   117     1 378 1 329    
– Recoupments and impairments     (7)   (1)   (19)   6       5 (26)    
– Amortisation and impairment of intangible assets arising on business combinations 115       69   22             184 22    
Share of result of associates and joint ventures included  in pre-tax profits (19)   (3)   46   33   47   27     74 57    
Segment profit or loss – Continuing operations HEAD-OFFICE AND
ELIMINATIONS
R million 2016   2015  
Revenue (3 326)   (3 378)  
– South Africa (3 326)   (3 378)  
– Rest of Africa    
– International        
Operating profit (145)   (131)  
– South Africa (131)   (120)  
– Rest of Africa    
– International (14)   (11)  
Depreciation, amortisation, impairments and recoupment (127)   (110)  
– South Africa (126)   (109)  
– Rest of Africa (1)  
– International     (1)  
Net finance costs (136)   (200)  
– South Africa (144)   (200)  
– Rest of Africa    
– International 8      
Pre-tax profits* 17   (84)  
– South Africa 47   (74)  
– Rest of Africa    
– International (30)   (10)  
Additional segment information – Continuing operations        
Analysis of revenue by type        
– Sale of goods     1  
– Rendering of services 23   5  
23   6  
Inter-group revenue (3 349)   (3 384)  
  (3 326)   (3 378)  
Analysis of depreciation, amortisation, impairment and recoupments (127)   (110)  
– Depreciation and amortisation (113)   (115)  
– Recoupments and impairments (5)   5  
– Amortisation and impairment of intangible assets arising on business combinations (9)      
Share of result of associates and joint ventures included  in pre-tax profits 1   (83)  

* Defined in the glossary of terms


Segment financial position     GROUP     LOGISTICS
AFRICA
LOGISTICS
INTERNATIONAL
    TOTAL
LOGISTICS
   
R million     2016 2015^     2016   2015   2016   2015     2016 2015    
Assets                                      
Intangible assets     7 501 7 193     3 526   3 110   3 004   2 863     6 530 5 973    
Property plant and equipment     11 465 10 967     2 518   2 096   2 245   2 244     4 763 4 340    
Transport fleet     5 953 5 610     2 715   3 212   3 278   2 438     5 993 5 650    
Vehicles for hire     3 469 3 603                              
Investment in associates and joint ventures     687 1 199     342   300   167   139     509 439    
Inventories     16 717 15 465     1 498   1 448   314   211     1 812 1 659    
Trade and other receivables     12 712 12 849     4 994   5 136   3 618   3 350     8 612 8 486    
Other financial assets     8 36     5   8   5   5     10 13    
Cash resources     13 22                              
Operating assets     58 525 56 944     15 598   15 310   12 631   11 250     28 229 26 560    
– South Africa     32 248 34 312     9 039   9 034             9 039 9 034    
– Rest of Africa     7 329 6 557     6 559   6 275             6 559 6 275    
– International     18 948 16 075         1   12 631   11 250     12 631 11 251    
Liabilities                                      
Retirement benefit obligations     1 531 1 157             1 531   1 157     1 531 1 157    
Maintenance and warranty contracts     3 156 3 191                              
Trade and other payables and provisions     19 493 19 047     5 591   5 401   3 372   3 145     8 963 8 546    
Other financial liabilities     460 379     119   111   1   2     120 113    
Operating liabilities     24 640 23 774     5 710   5 512   4 904   4 304     10 614 9 816    
– South Africa     13 949 14 794     3 609   3 682             3 609 3 682    
– Rest of Africa     2 539 1 896     2 101   1 824             2 101 1 824    
– International     8 152 7 084         6   4 904   4 304     4 904 4 310    
Net working capital*     9 936 9 267     901   1 183   560   416     1 461 1 599    
– South Africa     7 345 7 253     235   336             235 336    
– Rest of Africa     838 924     666   852             666 852    
– International     1 753 1 090         (5)   560   416     560 411    
Net debt*     16 520 14 327     5 249   4 872   3 955   4 150     9 204 9 022    
– South Africa     9 915 8 204     2 610   2 669             2 610 2 669    
– Rest of Africa     2 821 2 454     2 639   2 209             2 639 2 209    
– International     3 784 3 669         (6)   3 955   4 150     3 955 4 144    
Net capital expenditure     4 138 4 519     880   1 046   1 027   1 173     1 907 2 219    
– South Africa     2 624 2 856     534   711             534 711    
– Rest of Africa     416 369     346   335             346 335    
– International     1 098 1 294             1 027   1 173     1 027 1 173    

Segment financial position VEHICLE IMPORT,
DISTRIBUTION
AND
DEALERSHIPS
VEHICLE RETAIL,
RENTAL AND
AFTER
MARKET PARTS
MOTOR-RELATED
FINANCIAL
SERVICES AND
PRODUCTS
    TOTAL
VEHICLES
   
R million 2016   2015   2016   2015^   2016   2015     2016 2015^    
Assets                                  
Intangible assets 175   505   755   695       (6)     930 1 194    
Property plant and equipment 3 477   3 346   3 236   3 313   10   9     6 723 6 668    
Transport fleet                                  
Vehicles for hire 1 534   1 757   1 723   1 669   1 071   988     4 328 4 414    
Investment in associates and joint ventures (39)   (19)   154   100   55   600     170 681    
Inventories 8 288   7 659   6 361   5 822   436   480     15 085 13 961    
Trade and other receivables 1 601   2 164   2 019   2 103   929   469     4 549 4 736    
Other financial assets 4   26   27       85   85     116 111    
Cash resources                 13   22     13 22    
Operating assets 15 040   15 438   14 275   13 702   2 599   2 647     31 914 31 787    
– South Africa 12 401   13 973   10 207   10 113   2 599   2 647     25 207 26 733    
– Rest of Africa 652   201   118   81             770 282    
– International 1 987   1 264   3 950   3 508             5 937 4 772    
Liabilities                                  
Retirement benefit obligations                                  
Maintenance and warranty contracts 102   17           3 040   3 083     3 142 3 100    
Trade and other payables and provisions 4 770   5 529   6 346   5 825   896   384     12 012 11 738    
Other financial liabilities 67   48   42   45   10   1     119 94    
Operating liabilities 4 939   5 594   6 388   5 870   3 946   3 468     15 273 14 932    
– South Africa 4 160   5 358   3 565   3 338   3 946   3 468     11 671 12 164    
– Rest of Africa 425   62   13   10             438 72    
– International 354   174   2 810   2 522             3 164 2 696    
Net working capital* 5 119   4 294   2 034   2 100   469   565     7 622 6 959    
– South Africa 4 178   3 834   1 701   1 924   469   565     6 348 6 323    
– Rest of Africa 147   62   24   11             171 73    
– International 794   398   309   165             1 103 563    
Net debt* 5 822   4 661   2 000   2 482   (1 668)   (1 738)     6 154 5 405    
– South Africa 5 244   4 185   1 686   2 199   (1 668)   (1 738)     5 262 4 646    
– Rest of Africa 118   194   64   51             182 245    
– International 460   282   250   232             710 514    
Net capital expenditure 1 288   1 199   779   844   228   649     2 295 2 692    
– South Africa 1 228   1 182   701   710   228   649     2 157 2 541    
– Rest of Africa 27   8   41   23             68 31    
– International 33   9   37   111             70 120    

Segment financial position HEAD-OFFICE AND
ELIMINATIONS
INSURANCE
R million 2016   2015   2016~   2015~
Assets              
Intangible assets 41   26        
Property plant and equipment (21)   (41)        
Transport fleet (40)   (40)        
Vehicles for hire (859)   (811)        
Investment in associates and joint ventures 8   79        
Inventories (180)   (155)        
Trade and other receivables (449)   (373)        
Other financial assets (118)   (88)        
Cash resources              
Operating assets (1 618)   (1 403)        
– South Africa (1 998)   (1 455)        
– Rest of Africa              
– International 380   52        
Liabilities              
Retirement benefit obligations              
Maintenance and warranty contracts 14   91        
Trade and other payables and provisions (1 482)   (1 237)        
Other financial liabilities 221   172        
Operating liabilities (1 247)   (974)        
– South Africa (1 331)   (1 052)        
– Rest of Africa              
– International 84   78        
Net working capital* 853   709        
– South Africa 762   594        
– Rest of Africa 1   (1)        
– International 90   116        
Net debt* 1 162   (100)        
– South Africa 2 043   889        
– Rest of Africa              
– International (881)   (989)        
Net capital expenditure (162)   (500)   98   108
– South Africa (163)   (501)   96   105
– Rest of Africa         2   3
– International 1   1        
^ Restated as described in note 2.1 and 2.2.
* Defined in the glossary of terms.
~ The assets and liabilities of the Insurance business are shown as held-for-sale at 30 June 2016 and at 30 June 2015