Financial information

celebrating 20 years Summarised Group statement of headline earnings

for the year ended 30 June 2018

Change
%
2018
R'million
2017
R'million
Headline earnings      
Reconciliation of headline earnings      
Profit attributable to equity holders of the parent 17 6 010 5 127
Adjusted for:      
– Net impairment of property, plant and equipment (net of tax)   48 197
– Net impairment of intangible assets (net of tax)   606 427
– Impairment of assets classified as held-for-sale (net of tax)   37
– Loss on the sale of intangible assets (net of tax)   3 85
– Loss on the sale of property, plant and equipment (net of tax)   25
– Loss on the sale of subsidiary (net of tax)   70
  13 6 704 5 931
Headline earnings per share      
Headline earnings per share (cents) 13 1 468,8 1 299,5
Diluted headline earnings per share (cents) 13 1 468,8 1 299,5
Normalised headline earnings      
Reconciliation of normalised headline earnings      
Headline earnings 13 6 704 5 931
Adjusted for:      
– Restructuring costs (net of tax)   144 362
– Transaction costs (net of tax)   362 314
– Foreign exchange gain on acquisitions (net of tax)   (178) (137)
– Product litigation costs (net of tax)   293 208
  10 7 325 6 678
Normalised headline earnings per share      
Normalised headline earnings per share (cents) 10 1 604,9 1 463,2
Normalised diluted headline earnings per share (cents) 10 1 604,9 1 463,2