R million | % change |
Six months ended December 2020 |
Six months ended December 2019* |
Financial year ended June 2020 |
||
---|---|---|---|---|---|---|
Headline earnings reconciliation | ||||||
Earnings | 814 | 423 | (303) | |||
– Continuing operations | (61) | 232 | 590 | 42 | ||
– Discontinued operations | 582 | (167) | (345) | |||
Recoupment from the disposal of property, plant and equipment (IAS 16) | (31) | (41) | (54) | |||
Loss on disposal of intangible assets (IAS 38) | 3 | 4 | ||||
Impairment of property, plant and equipment (IAS 36) | 89 | |||||
Impairment of right-of-use assets (IFRS 16) | 140 | |||||
Impairment of intangible assets (IAS 36) | 121 | |||||
Impairment of goodwill (IAS 36) | 11 | 6 | 223 | |||
(Impairment reversal) impairment of investment in associates and joint ventures (IAS 28) | (2) | 2 | ||||
Loss on disposal of subsidiaries, associates and businesses (IFRS 10 and IAS 28) | 54 | 20 | (17) | |||
Impairment of businesses held-for-sale | 415 | |||||
Foreign exchange gain reclassified to profit or loss (IAS 21) | (364) | (160) | ||||
Tax effects of remeasurements | 8 | 10 | (89) | |||
Non-controlling interests' share of remeasurements | 13 | 7 | (6) | |||
Net headline earning adjustments for discontinued operations | (573) | (69) | 248 | |||
Headline earnings ^ | (4) | 345 | 359 | 198 | ||
– Continuing operations | (44) | 336 | 595 | 295 | ||
– Discontinued operations | 9 | (236) | (97) | |||
Headline earnings per share (cents) ^ | ||||||
Continuing operations | ||||||
– Basic | (43) | 180 | 315 | 156 | ||
– Diluted | (43) | 173 | 305 | 151 | ||
Discontinued operations | ||||||
– Basic | 5 | (125) | (51) | |||
– Diluted | 5 | (121) | (50) | |||
Total operations | ||||||
– Basic | 185 | 190 | 105 | |||
– Diluted | 178 | 184 | 101 | |||
ADDITIONAL INFORMATION | ||||||
Net asset value per share | 3 718 | 4 024 | 3 783 | |||
Dividend per ordinary share (cents) | 83 | 167 | 167 | |||
Number of ordinary shares in issue (million) | ||||||
– total shares | 202,1 | 201,2 | 202,1 | |||
– net of shares repurchased | 190,7 | 192,7 | 193,5 | |||
– weighted average for basic | 186,4 | 189,3 | 188,6 | |||
– weighted average for diluted | 193,5 | 195,4 | 195,2 | |||
Number of other shares (million) | ||||||
– Deferred ordinary shares to convert to ordinary shares | 4,2 | 5,0 | 4,2 |
^ | Headline earnings per SAICA Headline Earnings Circular 1/2019. |
* | Represented for the classification of the European shipping business as a discontinued operation. |