|
for the year ended 30 June 2012
| |
|
|
GROUP |
|
|
| |
(R’000) |
|
|
2012 |
|
Restated
2011 |
|
|
| |
Construction revenue |
|
|
7 111 310 |
|
7 350 583 |
|
|
| |
Invoiced value of goods and services supplied |
|
|
1 644 244 |
|
1 390 393 |
|
|
| |
Property sales and development fees |
|
|
27 824 |
|
31 789 |
|
|
| |
Revenue – continuing operations |
|
|
8 783 378 |
|
8 772 765 |
|
|
| |
Cost of material |
|
|
1 370 182 |
|
890 308 |
|
|
| |
Cost of subcontractors |
|
|
3 216 699 |
|
3 320 366 |
|
|
| |
Direct payroll cost |
|
|
2 232 800 |
|
2 296 314 |
|
|
| |
Other staff cost |
|
|
254 902 |
|
221 074 |
|
|
| |
Depreciation |
|
|
165 356 |
|
167 875 |
|
|
| |
Plant costs |
|
|
555 363 |
|
583 137 |
|
|
| |
Manufacturing distribution cost |
|
|
132 197 |
|
120 348 |
|
|
| |
Site administration costs |
|
|
389 637 |
|
364 149 |
|
|
| |
Other administration cost |
|
|
202 361 |
|
252 480 |
|
|
| |
Operating expenses before fair value adjustments |
|
|
8 519 497 |
|
8 216 051 |
|
|
| |
Operating profit before fair value adjustments |
|
|
263 881 |
|
556 714 |
|
|
| |
Fair value adjustment relating to investment in service concessions |
|
|
56 652 |
|
33 160 |
|
|
| |
Fair value adjustment relating to investment properties – net |
|
|
10 865 |
|
2 419 |
|
|
| |
Fair value adjustment relating to investment in property developments |
|
|
– |
|
13 265 |
|
|
| |
Operating profit |
|
|
331 398 |
|
605 558 |
|
|
| |
Share of profit of associates |
|
|
1 163 |
|
820 |
|
|
| |
Finance (cost)/income – net |
|
|
(3 800) |
|
36 960 |
|
|
| |
Finance cost |
|
|
(79 487) |
|
(66 595) |
|
|
| |
Finance income |
|
|
75 687 |
|
103 555 |
|
|
| |
Profit before taxation |
|
|
328 761 |
|
643 338 |
|
|
| |
Taxation |
|
|
(106 032) |
|
(208 777) |
|
|
| |
Profit after taxation from continuing operations |
|
|
222 729 |
|
434 561 |
|
|
| |
Loss for the year from discontinued operations (refer page 68) |
|
|
(452 841) |
|
(593 605) |
|
|
| |
Loss for the year |
|
|
(230 112) |
|
(159 044) |
|
|
| |
(Loss)/profit attributable to: |
|
|
|
|
|
|
|
| |
Equity shareholders of Group Five Limited |
|
|
(278 405) |
|
(218 107) |
|
|
| |
Non-controlling interest |
|
|
48 293 |
|
59 063 |
|
|
| |
|
|
|
(230 112) |
|
(159 044) |
|
|
| |
Loss per share – basic [Rand] |
|
|
(2,88) |
|
(2,27) |
|
|
| |
Fully diluted loss per share – basic [Rand] |
|
|
(2,88) |
|
(2,27) |
|
|
| |
Earnings per share from continuing operations [Rand] |
|
|
1,81 |
|
3,91 |
|
|
| |
Fully diluted earnings per share from continuing operations [Rand] |
|
|
1,80 |
|
3,71 |
|
|
| |
|
|
|
|
|
|
|
|
|
