|
Change |
2015 |
|
2014 |
|
% |
Rm |
|
Rm |
Reconciliation of earnings attributable to equity holders of the company to headline earnings and adjusted earnings(1) |
|
|
|
|
Earnings attributable to equity holders of the company |
|
1 672 |
|
1 877 |
Loss on disposal of property, plant and equipment |
|
3 |
|
2 |
Impairment of property, plant and equipment |
|
7 |
|
14 |
Fair value loss on revaluation of previously held interest in associate |
|
– |
|
6 |
Headline earnings |
(11) |
1 682 |
|
1 899 |
IFRS 2 Share-based Payment expense – equity-settled |
|
118 |
|
– |
Other exceptional items (net) included in operating profit |
|
1 |
|
39 |
Gain on remeasurement of put liability |
|
(6) |
|
– |
Share of joint venture’s exceptional item |
|
(20) |
|
– |
Adjusted headline earnings |
(8) |
1 775 |
|
1 938 |
Number of shares in issue (million) |
|
957 |
|
1 098 |
Weighted average number of shares in issue (million) |
|
1 014 |
|
1 098 |
Basic and diluted HEPS (cents) |
(4) |
165.9 |
|
173.0 |
Basic and diluted adjusted HEPS (cents) |
(1) |
175.0 |
|
176.5 |
Reconciliation of operating profit to Ebitdar(2) |
|
|
|
|
Group Ebitdar pre-exceptional items is made up as follows: |
|
|
|
|
Operating profit |
|
3 042 |
|
3 122 |
Add: |
|
|
|
|
Property rentals |
|
210 |
|
221 |
Amortisation and depreciation |
|
733 |
|
648 |
Long-term incentive expense |
|
95 |
|
150 |
|
|
4 080 |
|
4 141 |
Add: Exceptional losses |
|
143 |
|
73 |
Loss on disposal of property, plant and equipment |
|
4 |
|
3 |
Impairment of property, plant and equipment |
|
10 |
|
16 |
Fair value loss on revaluation of previously held interest in associate |
|
– |
|
6 |
Settlement fee paid/(received), net of expenses on termination of tenant leases |
|
1 |
|
(21) |
Transaction costs |
|
2 |
|
9 |
Impairment of financial instruments, net of recoveries |
|
3 |
|
2 |
Restructuring costs |
|
8 |
|
58 |
Write off of marketing fee income raised previously from joint venture |
|
16 |
|
– |
Pre-opening expenses |
|
19 |
|
– |
IFRS 2 Share-based Payment expense – equity-settled |
|
118 |
|
– |
Gain recognised on the change in other long-term employee benefits |
|
(38) |
|
– |
|
|
|
|
|
Ebitdar |
– |
4 223 |
|
4 214 |