2009 |
2008 | 2007 | 2006 | 2005 | 2004* | ||
R m |
R m | R m | R m | R m | R m | ||
INCOME STATEMENT |
|||||||
| Revenue | 24 768 |
21 431 | 17 126 | 13 913 | 12 206 | 10 045 | |
| Operating profit | 1 799 |
1 937 | 1 528 | 1 040 | 963 | 718 | |
| Financial income | 184 |
182 | 132 | 112 | 100 | 145 | |
| Financial expense | (292) |
(89) | (56) | (53) | (62) | (26) | |
| Profit from associates | 3 |
4 | 4 | 32 | 24 | 9 | |
| Capital items | (21) |
(90) | (38) | (54) | (90) | (139) | |
| Profit before taxation | 1 673 |
1 944 | 1 570 | 1 077 | 935 | 707 | |
| Taxation | (524) |
(625) | (481) | (326) | (339) | (255) | |
| Profit after taxation | 1 149 |
1 319 | 1 089 | 751 | 596 | 452 | |
| Attributable to minority interest | 314 |
300 | 284 | 257 | 148 | 148 | |
| Attributable to Altron equity holders | 835 |
1 019 | 805 | 494 | 448 | 304 | |
| Headline earnings | 861 |
1 072 | 793 | 529 | 445 | 379 | |
| Dividends paid | 490 |
331 | 216 | 176 | 143 | 117 | |
BALANCE SHEET |
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Assets |
|||||||
| Property, plant and equipment | 2 221 |
1 264 | 954 | 905 | 848 | 671 | |
| Intangible assets | 2 437 |
1 502 | 844 | 773 | 925 | 462 | |
| Associates and other investments | 278 |
314 | 254 | 228 | 453 | 183 | |
| Rental finance advances | 73 |
86 | 77 | 90 | 75 | 189 | |
| Deferred taxation | 230 |
196 | 182 | 118 | 112 | 113 | |
| Cash and cash equivalents | 2 108 |
2 116 | 1 613 | 2 152 | 1 520 | 2 004 | |
| Other current assets | 6 234 |
5 501 | 4 526 | 3 271 | 3 022 | 2 447 | |
Total assets |
13 581 |
10 979 | 8 450 | 7 537 | 6 955 | 6 069 | |
Equity and liabilities |
|||||||
| Shareholders’ equity | 4 873 |
4 469 | 3 528 | 2 931 | 2 679 | 2 489 | |
| Minority interest | 1 427 |
877 | 1 218 | 1 103 | 964 | 1 082 | |
| Total equity | 6 300 |
5 346 | 4 746 | 4 034 | 3 643 | 3 571 | |
| Non-current loans | 1 157 |
940 | 321 | 297 | 716 | 277 | |
| Current loans | 415 |
229 | 65 | 238 | 59 | 247 | |
| Loans | 1 572 |
1 169 | 386 | 535 | 775 | 524 | |
| Non-current liabilities | 189 |
107 | 68 | 46 | 83 | 41 | |
| Bank overdraft | 928 |
33 | 24 | – | – | – | |
| Current liabilities | 4 592 |
4 324 | 3 226 | 2 922 | 2 454 | 1 933 | |
Total equity and liabilities |
13 581 |
10 979 | 8 450 | 7 537 | 6 955 | 6 069 |
2009 |
2008 | 2007 | 2006 | 2005 | 2004* | ||
R m |
R m | R m | R m | R m | R m | ||
RATIOS AND STATISTICS |
|||||||
Earnings |
|||||||
| Basic earnings per share (cents) | 266.0 |
356.7 | 287.0 | 176.4 | 162.0 | 111.5 | |
| Headline earnings per share (cents) | 274.5 |
375.3 | 282.8 | 189.2 | 161.7 | 138.1 | |
| Dividend proposed per share (cents) | 119.0 |
156.0 | 118.0 | 78.0 | 63.0 | 52.0 | |
| Headline dividend cover (times) | 2.3 |
2.4 | 2.4 | 2.4 | 2.6 | 2.7 | |
| Ordinary shares in issue (millions) | |||||||
| – at year end | 102 |
102 | 94 | 94 | 94 | 94 | |
| – weighted average | 102 |
95 | 94 | 94 | 94 | 94 | |
| Participating preference shares in issue (millions) | |||||||
| – at year end | 212 |
210 | 186 | 188 | 184 | 180 | |
| – weighted average | 212 |
191 | 186 | 186 | 182 | 179 | |
Profitability |
|||||||
| Operating profit to revenue (%) | 7.3 |
9.0 | 8.9 | 7.5 | 7.9 | 7.1 | |
| EBITDA | 2 237 |
2 209 | 1 763 | 1 253 | 1 154 | 847 | |
| EBITDA to revenue (%) | 9.0 |
10.3 | 10.3 | 9.0 | 9.5 | 8.4 | |
| Return on shareholders’ equity (%) | 18.3 |
24.7 | 23.0 | 18.2 | 16.8 | 16.0 | |
| Return on capital employed (%) | 22.9 |
29.7 | 29.8 | 22.8 | 21.8 | 17.5 | |
| Return on operating assets (%) | 16.6 |
23.2 | 23.9 | 20.6 | 19.8 | 19.1 | |
| Return on net assets (%) | 23.0 |
30.3 | 30.5 | 23.8 | 22.5 | 18.1 | |
Financial |
|||||||
| Borrowings ratio (%) | 25.0 |
21.9 | 8.1 | 13.3 | 21.3 | 14.7 | |
| Current ratio | 1.4:1 |
1.7:1 | 1.9:1 | 1.9:1 | 1.9:1 | 2.0:1 | |
| Acid test ratio | 1.0:1 |
1.2:1 | 1.2:1 | 1.4:1 | 1.4:1 | 1.5:1 | |
| Net asset value per share | 1 550.0 |
1 431.2 | 1 260.5 | 1 039.6 | 962.6 | 907.0 | |
Shares |
|||||||
| Number of shareholders | |||||||
| – ordinary shares | 3 869 |
3 316 | 1 600 | 1 738 | 1 616 | 1 202 | |
| – participating preference shares | 8 483 |
8 019 | 3 848 | 3 396 | 2 916 | 2 722 | |
| Price:earnings ratio (times) | |||||||
| – ordinary shares | 7.0 |
13.1 | 15.8 | 13.5 | 9.6 | 8.0 | |
| – participating preference shares | 7.0 |
12.7 | 14.9 | 11.9 | 9.5 | 8.1 | |
| Market value per share at year end (cents) | |||||||
| – ordinary shares | 1 915 |
3 700 | 4 478 | 2 550 | 1 555 | 1 105 | |
| – participating preference shares | 1 920 |
3 600 | 4 200 | 2 250 | 1 538 | 1 125 | |
Other |
|||||||
| Consumer price index (percentage increase) | 8.6 |
9.8 | 5.7 | 3.9 | 2.6 | 0.7 | |
| Production price index | |||||||
| (percentage (decrease)/increase) | 7.3 |
11.3 | 11.3 | 4.7 | 2.6 | 0.5 | |
| Number of permanent employees | 13 407 |
12 909 | 11 871 | 11 874 | 11 800 | 10 712 |
| Page updated: 21 December, 2009 | » Return to top |