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| A N N U A L
R E P O R T 2 0 0 0 |
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| S
E G M E N T A L A N A L Y S I S |
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| Business
and Geographical Segments
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| For
management purposes, the
group is currently organised
into ten operating divisions,
Nashua Office Automation,
Panasonic, Cellular, Telecommunications,
Reutech, Saco, ATC, CBI,
African Cables and Financial
Services. The group overview
on this website gives details
of the activities of each
division. |
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| These
divisions are the basis
on which the group reports
its primary business segments.
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| Segment
information about these
businesses is presented
below. |
| |
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| The
group's operations are situated
mostly in South Africa,
with only immaterial operations
situated in the United Kingdom,
Germany and the United States
of America. It is therefore
not considered meaningful
to disclose information
on geographic segments.
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| R E V E N U E
I N C L U D I N G A S S O C
I A T E C O M P A N I E S |
|
|
|
|
|
|
| R million |
2000
|
%
|
1999
|
%
|
%
change |
|
| Electronics
|
|
|
|
|
|
| Nashua Office Automation |
487,5 |
11 |
388,6 |
10 |
25 |
| Panasonic |
840,0 |
19 |
896,8 |
22 |
(6) |
| Cellular |
771,0 |
17 |
501,7 |
12 |
54 |
| Telecommunications |
977,7 |
22 |
981,1 |
24 |
– |
| Reutech |
422,2 |
9 |
309,5 |
8 |
36 |
| Saco |
52,5 |
1 |
22,4 |
1 |
134 |
|
| Total Electronics |
3 550,9 |
79 |
3 100,1 |
77 |
15 |
|
Electrical
Engineering and Cables
|
|
|
|
|
|
| ATC |
196,9 |
4 |
213,1 |
5 |
(8) |
| CBI |
316,2 |
7 |
281,8 |
7 |
12 |
| African Cables |
294,7 |
7 |
238,7 |
6 |
23 |
|
| Total Electrical Engineering |
|
|
|
|
|
| and Cables |
807,8 |
18 |
733,6 |
18 |
10 |
|
| Financial
Services |
153,9 |
3 |
193,6 |
5 |
(21) |
|
| Total continuing operations |
4 512,6 |
100 |
4 027,3 |
100 |
12 |
| Less: Reunert's
attributable |
|
|
|
|
|
| portion of associate companies' |
|
|
|
|
|
| revenue |
(1 328,5) |
|
(1 378,7) |
|
|
|
| Continuing revenue excluding |
|
|
|
|
|
| associate companies |
3 184,1 |
|
2 648,6 |
|
20 |
| Operations sold and discontinued* |
– |
|
1 916,9 |
|
|
|
| Revenue as reported |
3 184,1 |
|
4 565,5 |
|
(30) |
|
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|
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|
O
P E R A T I N G P R O F I T I
N C L U D I N G A S S O C I A T E
C O M P A N I E S
|
|
| * The comparative amounts have
been restated to include the operations sold and discontinued during 2000. |
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|
| R million |
2000
|
%
|
1999
|
%
|
%change
|
|
| Electronics
|
|
|
|
|
|
| Nashua Office Automation |
42,7 |
11 |
22,9 |
7 |
86 |
| Panasonic |
23,2 |
6 |
37,8 |
12 |
(39) |
| Cellular |
35,2 |
9 |
25,3 |
8 |
39 |
| Telecommunications |
88,6 |
22 |
61,6 |
19 |
44 |
| Reutech |
71,8 |
18 |
62,7 |
20 |
15 |
| Saco |
13,0 |
3 |
(6,0) |
(2) |
317 |
|
| Total Electronics |
274,5 |
69 |
204,3 |
64 |
34 |
|
Electrical
Engineering and Cables
|
|
|
|
|
|
| ATC |
30,1 |
7 |
43,0 |
14 |
(30) |
| CBI |
55,3 |
14 |
42,5 |
13 |
30 |
| African Cables |
3,9 |
1 |
(3,3) |
(1) |
218 |
|
| Total Electrical Engineering |
|
|
|
|
|
| and Cables |
89,3 |
22 |
82,2 |
26 |
9 |
|
| Financial
Services |
35,5 |
9 |
31,4 |
10 |
13 |
|
| Total continuing
operations |
399,3 |
100 |
317,9
|
100
|
26
|
| Less: Reunert's
attributable |
|
|
|
|
|
| portion of associate companies' |
|
|
|
|
|
| operating profit |
(154,7) |
|
(129,3) |
|
|
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| Continuing operating profit |
|
|
|
|
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| excluding associate companies |
244,6 |
|
188,6 |
|
30 |
| Operations sold and discontinued* |
– |
|
108,0 |
|
|
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| Operating profit as
reported |
244,6 |
|
296,6
|
|
(18)
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T
O T A L A S S E T S ( E X C
L U D I N G C A S H A N D
D E F E R R E D T A X ) I N
C L U D I N G A S S O C I A T E
C O M P A N I E S |
|
| R million |
2000
|
1999 |
|
Electronics |
|
|
| Nashua Office Automation |
174,5 |
148,6 |
| Panasonic |
298,6 |
327,2
|
| Cellular |
245,2 |
63,4 |
| Telecommunications |
254,5 |
253,5 |
| Reutech |
157,3 |
179,1 |
| Saco |
22,7 |
10,2 |
|
| Total Electronics |
1 152,8 |
982,0 |
|
| Electrical Engineering and
Cables |
|
|
| ATC |
103,6 |
131,3 |
| CBI |
171,0 |
147,8 |
| African Cables |
230,0 |
206,1 |
|
| Total Electrical Engineering and Cables |
504,6 |
485,2 |
|
| Financial Services |
782,2 |
882,6 |
|
| Total continuing operations |
2 439,6 |
2 349,8 |
| Less: Reunert's attributable portion
of associate companies' assets |
(1 110,6) |
(1 233,1) |
|
| Continuing operations excluding associate
companies |
1 329,0 |
1 116,7 |
| Operations sold and discontinued* |
– |
515,5 |
|
| Total assets (excluding cash and deferred
tax) as reported |
1 329,0 |
1 632,2 |
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| P
R O V I S I O N S , T R A D E A N
D O T H E R P A Y A B L E S
I N C L U D I N G A S S O C
I A T E C O M P A N I E S |
|
|
2000
|
1999
|
|
| Electronics
|
148,9 |
145,0
|
| Panasonic |
169,0 |
192,0 |
| Cellular |
208,0 |
47,8 |
| Telecommunications |
176,7 |
168,5 |
| Reutech |
182,1 |
128,7 |
| Saco |
11,9 |
5,3 |
|
| Total Electronics |
896,6 |
687,3 |
|
| Electrical Engineering and
Cables |
|
|
| ATC |
23,7 |
25,4 |
| CBI |
42,6 |
34,4 |
| African Cables |
80,7 |
40,9 |
|
| Total Electrical Engineering and
Cables |
147,0 |
100,7
|
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| Financial Services |
81,2 |
91,1 |
|
| Total continuing operations |
1 124,8 |
879,1 |
| Less: Reunert's attributable portion
of associate companies' liabilities |
(209,7) |
(203,1) |
|
| Continuing operations excluding associate
companies |
915,1 |
676,0 |
| Operations sold and discontinued* |
– |
306,3 |
|
| Provisions trade and other payables as
reported |
915,1 |
982,3 |
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| C
A P I T A L E X P E N D I T U R E
E X C L U D I N G A S S O C I A T E C
O M P A N I E S |
|
| R million |
2000
|
1999
|
|
| Electronics |
|
|
| Nashua Office Automation |
0,6 |
0,9 |
| Panasonic |
1,6 |
1,0 |
| Cellular |
6,5 |
0,2 |
| Reutech |
3,4 |
5,7 |
| Saco |
0,1 |
– |
|
| Total Electronics |
12,2 |
7,8 |
|
| Electrical Engineering and
Cables |
|
|
| CBI |
8,3 |
6,4 |
| African Cables |
1,8 |
8,5 |
|
| Total Electrical Engineering and Cables |
10,1 |
14,9 |
|
| Financial Services |
– |
– |
|
| Total continuing operations |
22,3 |
22,7 |
| Operations sold and discontinued* |
– |
11,7 |
|
| Capital expenditure as reported |
22,3 |
34,4 |
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|
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|
|
| D
E P R E C I A T I O N E X C L U D I N G
A S S O C I A T E C O M P A
N I E S |
|
|
|
| R million |
2000
|
1999
|
|
|
|
|
| Nashua Office Automation |
0,6 |
0,5 |
| Panasonic |
3,9 |
5,1 |
| Cellular |
0,9 |
0,1 |
| Reutech |
4,5 |
7,8 |
| Saco |
0,1 |
0,1 |
|
| Total Electronics |
10,0 |
13,6 |
|
Electrical
Engineering and Cables
|
|
|
| CBI |
17,6 |
17,9 |
| African Cables |
8,9 |
8,8 |
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| Total Electrical Engineering and Cables |
26,5 |
26,7 |
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| Financial Services |
– |
– |
|
| Total continuing operations |
36,5 |
40,3 |
| Operations sold and discontinued* |
– |
29,8 |
|
| Depreciation as reported |
36,5 |
70,1 |
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|
| N
U M B E R O F E M P L O Y E
E S E X C L U D I N G A S S
O C I A T E C O M P A N I E S |
|
| R Million |
2000
|
1999
|
|
| Electronics |
|
|
| Nashua Office Automation |
261 |
248 |
| Panasonic |
412 |
429 |
| Cellular |
352 |
57 |
| Reutech |
843 |
868 |
| Saco |
47 |
41 |
|
| Total Electronics |
1 915 |
1 643 |
|
| Electrical Engineering and
Cables |
|
|
| CBI |
1 193 |
1 223 |
| African Cables |
476 |
491 |
|
| Total Electrical Engineering and Cables |
1 669 |
1 714 |
|
| Financial Services |
132 |
61 |
|
| Total continuing operations |
3 716 |
3 418 |
|
| Number of employees excluding associate
companies |
3 716 |
3 418 |
| Operations sold and discontinued* |
– |
3 357 |
|
| Number of employees as reported |
3 716 |
6 775 |
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| * The comparative amounts have
been restated to include the operations sold and discontinued during 2000. |
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©
Copyright - Reunert - 2003 |
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