| |
 |
|
2008 |
|
2007 |
2006 |
2005** |
2004† |
2003† |
2002† |
|
| SHARES |
|
|
|
|
|
|
|
|
|
|
|
| Number of ordinary shares on which earnings per share is calculated (million) |
|
|
177,9 |
|
176,7 |
175,1 |
173,4 |
189,9 |
188,3 |
187,0 |
|
| Net worth per share (cents) |
|
|
2 060 |
|
1 390 |
953 |
896 |
572 |
612 |
572 |
|
| Headline earnings per share (cents) |
|
|
651,9 |
|
272,4 |
524,6 |
408,4 |
277,5 |
183,5 |
229,5 |
|
| Normalised headline earnings per share (cents) |
|
|
630,1 |
|
570,3 |
495,3 |
380,2 |
277,5 |
183,5 |
229,5 |
|
| Basic earnings per share (cents) |
|
|
650,1 |
|
361,7 |
527,0 |
411,4 |
251,9 |
156,9 |
198,1 |
|
| Dividends per share (cents) – normal |
|
|
319,0 |
|
314,0 |
273,0 |
222,0 |
160,0 |
120,0 |
118,0 |
|
| – special |
|
|
|
|
|
200,0 |
|
|
|
|
|
| Dividend cover (times) |
|
|
2,0 |
|
1,8 |
1,8 |
1,7 |
1,7 |
1,5 |
1,9 |
|
| Cashflow per share (cents) |
|
|
629,5 |
|
345,0 |
486,7 |
374,6 |
353,2 |
417,7 |
187,7 |
|
Ordinary shares in issue (million)
(net of treasury shares) |
|
|
178,4 |
|
177,7 |
176,3 |
174,4 |
171,8 |
188,8 |
187,3 |
|
| Number of transactions – JSE |
|
|
67 690 |
|
70 848 |
46 549 |
20 938 |
13 452 |
11 308 |
12 765 |
|
| Number of shares traded (million) |
|
|
129,8 |
|
176,3 |
138,2 |
92,7 |
94,9 |
76,4 |
76,4 |
|
| Value of shares traded (Rm) |
|
|
8 019,9 |
|
13 549,1 |
8 519,7 |
3 473,0 |
2 129,5 |
1 380,4 |
1 438,2 |
|
| Number of shares traded as a percentage of gross issued shares |
|
|
65,9 |
|
89,9 |
70,7 |
47,9 |
49,7 |
37,1 |
37,4 |
|
| Market price per share (cents) |
|
|
|
|
|
|
|
|
|
|
|
| – year-end |
|
|
5 749 |
|
6 700 |
6 814 |
4 230 |
2 790 |
1 710 |
1 860 |
|
| – highest |
|
|
8 049 |
|
8 800 |
7 745 |
4 400 |
2 900 |
2 230 |
2 220 |
|
| – lowest |
|
|
4 528 |
|
6 325 |
4 185 |
2 600 |
1 695 |
1 560 |
1 610 |
|
| Earnings yield (%) |
|
|
11,0 |
|
8,5 |
7,3 |
9,0 |
10,0 |
10,7 |
12,3 |
|
| Dividend yield (%) |
|
|
5,5 |
|
4,7 |
4,0 |
5,2 |
5,7 |
7,0 |
6,3 |
|
| Price : Earnings ratio (times) |
|
|
9,1 |
|
11,7 |
13,8 |
11,1 |
10,1 |
9,3 |
8,1 |
|
| Market capitalisation (net of treasury shares) (Rm) |
|
|
10 257 |
|
11 904 |
12 012 |
7 376 |
4 792 |
3 228 |
3 482 |
|
JSE actuaries’ electronics sector index at
30 September |
|
|
10 705 |
|
13 886 |
11 644 |
7 851 |
5 328 |
3 852 |
3 887 |
|
| OTHER |
|
|
|
|
|
|
|
|
|
|
|
| Number of employees |
|
|
7 196 |
|
6 523 |
6 276 |
5 320 |
5 169 |
4 918 |
4 318 |
|
| Revenue per employee (R’000) |
|
|
1 518 |
|
1 468 |
1 312 |
1 318 |
1 209 |
1 241 |
1 173 |
|
| Operating profit per employee (R’000) |
|
|
219 |
|
202 |
203 |
172 |
136 |
124 |
109 |
|
| Wealth created per employee (R’000) |
|
|
477 |
|
383 |
439 |
405 |
409 |
335 |
312 |
|
| Employment cost per employee (R’000) |
|
|
172 |
|
166 |
153 |
161 |
149 |
142 |
130 |
|
| PROFITABILITY, ASSET MANAGEMENT, |
|
|
|
|
|
|
|
|
|
|
|
| LIQUIDITY AND LEVERAGE |
|
|
|
|
|
|
|
|
|
|
|
| EBITDA as a percentage of revenue# |
|
|
15,2 |
|
14,5 |
16,2 |
13,8 |
13,0 |
11,7 |
11,1 |
|
| Operating margin (%)# |
|
|
14,4 |
|
13,8 |
15,5 |
13,1 |
11,2 |
10,0 |
9,3 |
|
| Net asset turn (times) (including RCCF) |
|
|
3,4 |
|
5,4 |
8,0 |
7,7 |
7,6 |
6,8 |
5,9 |
|
| Net asset turn (times) (excluding RCCF) |
|
|
4,0 |
|
5,7 |
9,7 |
9,7 |
11,2 |
8,9 |
8,6 |
|
Normalised return on ordinary shareholders’
funds (%) |
|
|
36,5 |
|
48,6 |
53,5 |
49,8 |
49,3 |
31,0 |
44,1 |
|
| Return on net operating assets (%) |
|
|
50,1 |
|
82,4 |
131,9 |
108,9 |
99,6 |
63,5 |
70,0 |
|
| Return on net operating assets excluding investments in associates (%) |
|
|
52,9 |
|
86,9 |
136,8 |
110,9 |
96,7 |
78,4 |
71,5 |
|
| Taxation as a percentage of profit before taxation$ |
|
|
29,8 |
|
32,2 |
34,2 |
33,8 |
36,4 |
34,4 |
34,9 |
|
| Total liabilities to total shareholders’ funds (%)° |
|
|
102,6 |
|
92,3 |
226,0 |
161,1 |
197,8 |
180,5 |
179,9 |
|
| Net borrowings to total shareholders’ funds (%)§ |
|
|
27,6 |
|
0,0 |
21,5 |
13,8 |
3,2 |
32,8 |
47,4 |
|
| Current ratio (excluding RCCF)° |
|
|
2,0 |
|
1,7 |
1,1 |
1,4 |
1,1 |
1,3 |
1,3 |
|
| Current ratio (including RCCF) |
|
|
1,5 |
|
1,7 |
1,0 |
1,1 |
1,1 |
1,0 |
1,0 |
|
| Interest cover (times) |
|
|
36,8 |
|
25,6 |
38,1 |
42,0 |
69,4 |
12,1 |
25,5 |
|
|
| * |
The 2005 normalised headline earnings per share have been restated to take account of the effect of the R24,1 million cost of the equity instrument offered to
Powerhouse in 2005 to take up 25,1% of ATC (Pty) Limited’s shares. |
| ** |
The 2005 information has been restated to take account of the effect of adopting SAICA Circular 9/2006 and IFRS on 1 October 2004. |
| † |
The 2002 to 2004 statistics have not been restated to take account of the effect of adopting IFRS and therefore are still in terms of SA GAAP. |
| ° |
These ratios have been restated in 2002 to 2007 to take account of the reallocation of the advance payments from inventory and contracts in progress to trade
and other payables. (Refer to note 18.) |
| # |
The 2008 percentages have been increased by 1,3% each as a result of the NSN commission now disclosed in operating income, whereas income from NSN was
previously disclosed as income from associates. |
| $ |
The STC on a special dividend in 2006 and the share buy back in 2004 has been excluded in this calculation as well as abnormal items. |
| § |
There were no net borrowings in 2007 mainly due to Quince being equity accounted. |
|
|
|
|
