NORMALISED EARNINGS (NON IFRS MEASURE)
Download (EXCEL) |
% change |
Unaudited six months ended 31 December 2019 |
Unaudited six months ended 31 December 2018 R’000 |
Audited year ended 30 June 2019 R’000 |
||
Heading earnings reconciliation | 134 746 | 123 926 | 265 241 | ||
---|---|---|---|---|---|
Adjusted by: | 5 138 | (3 158) | 10 303 | ||
– Operating lease reversal (new IFRS 16 effect) | (41 317) | (63 527) | (94 418) | ||
– Right of use asset depreciation (new IFRS 16 effect) | 36 652 | 34 992 | 82 666 | ||
– Interest on lease liability (new IFRS 16 effect) | 14 673 | 24 106 | 31 822 | ||
Total tax effects of adjustments | (2 802) | – | (5 620) | ||
Total NCI effects of adjustments | (2 068) | 1 271 | (4 147) | ||
Normalised Headline earnings | 15.8 | 139 884 | 120 768 | 275 544 | |
Normalised Headline earnings per share (cents) | |||||
– Attributable to ordinary shares (cents) | 11.8 | 24.36 | 21.78 | 49.13 | |
– Fully Diluted HEPS (cents) | 11.0 | 24.00 | 21.62 | 48.39 | |
The adjusting amounts have no tax and non-controlling interest implications. |