Normalised earnings (non ifrs measure)
| Download (EXCEL) |
| % change | Year ended 30 June 2019 R’000 |
Year ended 30 June 2018 R’000 |
||||
| Heading earnings | 265 241 | 260 916 | ||||
|---|---|---|---|---|---|---|
| Adjusted by: | 10 303 | 3 150 | ||||
| – Less rental reversal (new IFRS 16 effect) NOTE 6* | (94 418) | — | ||||
| – Depreciation (new IFRS 16 effect) NOTE 6* | 82 666 | — | ||||
| – Interest (new IFRS 16 effect) NOTE 6* | 31 822 | — | ||||
| – Sanlam indemnity expense | — | 3 150 | ||||
| Total tax effects of adjustments | (5 620) | — | ||||
| Total NCI effects of adjustments | (4 147) | — | ||||
| Normalised Headline earnings | 4.3 | 275 544 | 264 066 | |||
| Normalised Headline earnings per share (cents) | ||||||
| – Attributable to ordinary shares (cents) | 3.1 | 49.13 | 47.63 | |||
| – Fully Diluted HEPS (cents) | 2.4 | 48.39 | 47.27 |
The adjusting amounts have no tax and non-controlling interest implications.
* Adjusted in 2019 due to early adoption.