ACU LIVE:
OPN 0
/ BID 0
/ OFF. 0
/ MOV. 0
/ VOL 0
/ DIV. YLD 0
/ LST TRADE VOL 0
/ VAL. 0
/ AVG. PRICE 0
Annual Report March 2011
| Group 2011 R'000 | Group 2010 Restated R'000 | Company 2011 R'000 | Company 2010 R'000 | |
|---|---|---|---|---|
| Revenue | 624 298 | 552 151 | - | - |
| - Contractual | 636 827 | 545 215 | - | - |
| - Straight lining | (12 529) | 6 936 | - | - |
| Net operating (expenses) / income | (64 616) | (56 161) | 32 900 | 21 635 |
| Dividend income | - | - | 13 854 | - |
| Loss on disposal of investment properties | (205) | (1 281) | - | - |
| Loss of sale of jointly controlled entity | (948) | - | (948) | - |
| Amortisation of intangible assets | (25 151) | (23 950) | (23 242) | (22 017) |
| Profit/(Loss) before fair value adjustments, interest and taxation | 533 378 | 470 759 | 22 564 | (382) |
| Fair value adjustment to investment properties | 524 940 | 216 648 | - | - |
| Fair value adjustment to BEE instrument | (7 495) | (36 126) | (7 495) | (36 126) |
| Fair value adjustment government bonds | 3 927 | 5 701 | 3 927 | 5 701 |
| Profit/(Loss) before interest and taxation | 1 054 750 | 656 982 | 18 996 | (30 807) |
| Interest income | 134 001 | 107 912 | 600 373 | 504 022 |
| Interest expense | ||||
| - debentures | (443 397) | (388 249) | (443 397) | (388 249) |
| - other | (252 008) | (223 342) | (169 010) | (167 911) |
| (Loss)/Profit before taxation | 493 346 | 153 303 | 6 962 | (82 945) |
| Taxation | (65 765) | (28 385) | (4 870) | 9 333 |
| (Loss)/Profit for the year | 427 581 | 124 918 | 2 092 | (73 612) |
| Other comprehensive income/ (expense) | ||||
| Net change in fair value of listed investments, net of taxation | (51 826) | 149 824 | (51 835) | 149 824 |
| Net change in fair value of cash flow hedge, net of taxation | (714) | (10 558) | 5 938 | (4 581) |
| Other comprehensive income/ (expense)for the year, net of income tax | (52 540) | 139 266 | (45 897) | 145 243 |
| Total comprehensive income/ (expense) for the year | 375 041 | 264 184 | (43 805) | 71 631 |
| Cents | Cents | |||
| Basic and diluted (loss)/earnings per share | 272.64 | 87.18 | ||
| Interest distribution per linked unit | ||||
| - interim | 136.75 | 128.70 | ||
| - final | 138.88 | 130.56 | ||
| Distribution per linked unit | 275.63 | 259.26 |