ACU LIVE:
OPN 0
/ BID 0
/ OFF. 0
/ MOV. 0
/ VOL 0
/ DIV. YLD 0
/ LST TRADE VOL 0
/ VAL. 0
/ AVG. PRICE 0
Interim Results September 2011
| 6 months ended 30 Sep '11 R'000 | 6 months ended 30 Sep '10 Restated R'000 | |
|---|---|---|
| Retail | ||
| Segment revenue (external customers) | 231 064 | 194 285 |
| Net operating expenses | (27 196) | (22 215) |
| Fair value adjustment to investment properties | (1 308) | (1 267) |
| Loss on disposal of investment properties | (652) | - |
| Segmental results | 183 908 | 170 803 |
| Offices | ||
| Segment revenue (external customers) | 87 287 | 81 813 |
| Net operating expenses | (5 602) | (2 953) |
| Fair value adjustment to investment properties | 5 149 | (5 307) |
| Loss on disposal of investment properties | (653) | (200) |
| Segmental results | 86 181 | 73 353 |
| Industrial | ||
| Segment revenue (external customers) | 8 952 | 6 953 |
| Net operating expenses | (1 309) | (809) |
| Loss on disposal of investment properties | (5) | - |
| Fair value adjustment to investment properties | (619) | 100 |
| Segmental results | 7 019 | 6 244 |
| Property development | ||
| Segment revenue (external customers) | 8 291 | 11 645 |
| Net operating expenses | (5 632) | (7 077) |
| Segmental results | 2 659 | 4 568 |
| Reconciliation to profit before interest and taxation for the period in the statement of comprehensive income | ||
| Revenue | 317 594 | 294 696 |
| Allocated operating expenses | (39 739) | (33 054) |
| Unallocated operating expenses | 15 299 | 12 631 |
| Loss on disposal of investment properties | (1 310) | (200) |
| Loss on sale of jointly controlled entity | - | (948) |
| Amortisation of intangible assets | (12 780) | (12 371) |
| Fair value adjustment to investment properties | 3 222 | (6 474) |
| Fair value adjustment to government bonds | (19 188) | (18 564) |
| Fair value adjustment to BEE instrument | (32 252) | (18 189) |
| Profit before interest and taxation | 230 846 | 217 527 |