Contents
SEGMENTAL ANALYSIS
Home►   Downloads►
Increase font size Decrease font size E-mail page Print page
Financial highlights
Group @ a glance
Letter to shareholders
Board of directors
Management discussion ►
Building and developing people
Environmental issues
Corporate governance
Segmental analysis
Five-year financial review
Summary of statistics
Definitions
Value added statement
Annual financial statements
Notice of annual general meeting - PDF 106kb
 
BUSINESS AND GEOGRAPHIC SEGMENTS
 
Business segments
For management purposes, the group is currently organised into two operating divisions:

Electrical engineering (CBi-electric: low voltage (formerly Circuit Breaker Industries), CBi-electric: african cables (formerly African Cables) and CBi-electric: telecom cables (formerly ATC) and,

Electronics comprising Office systems (Nashua Office Automation, Nashua Kopano and RC&C Finance Company), Consumer products and services (Nashua Mobile and RC&C Holdings), Telecommunications (Siemens Telecommunications and Acuo Technologies) and Reutech (Fuchs Electronics, RDI Communications, RDL Technologies and Reutech Radar Systems). The group overview in Group @ a Glance and Management Discussion gives details of the activities of each division.

The associate company forms part of the Telecommunications segment.

These divisions are the basis on which the group reports its primary business segments.

Segment information about these businesses is presented below.

The group’s operations are situated mostly in South Africa , with minor operations situated in Germany , the United States of America and Australia . It is, therefore, not considered meaningful to disclose information on geographic segments according to location of operation.
 
REVENUE INCLUDING ASSOCIATE COMPANY
Rm  2006  2005* % %
change
Electrical engineering 2 573,7  27  1 986,7  25 30
Electronics          
Office systems 1 234,8  13  981,3  12 26
Consumer products and services 4 109,0  43  3 743,7  47 10
Telecommunications 1 285,7  14  993,0  12 29
Reutech 317,3  300,3  4 6
Total Electronics 6 946,8  73  6 018,3  75 15
Total operations 9 520,5  100  8 005,0  100 19
Less: Reunert’s attributable portion of associate company’s revenue (1 284,1)   (993,0)    
Revenue as reported per the income statement 8 236,4    7 012,0    17
 
OPERATING PROFIT INCLUDING ASSOCIATE COMPANY
Rm  2006  2005* % %
change
Electrical engineering 552,1  39  332,7  32 66
Electronics          
Office systems 314,1  22  257,1  24 22
Consumer products and services 374,5  27  324,5  31 15
Telecommunications 142,9  10  131,9  13 8
Reutech 30,4  3,7  722
Total Electronics 861,9  61  717,2  68 20
Total operations 1 414,0  100  1 049,9  100 35
Less: Reunert’s attributable portion of associate
company’s net operating profit
(141,3)   (132,6)    
Operating profit as reported in the income statement 1 272,7    917,3    39
 
TOTAL ASSETS (EXCLUDING CASH AND CASH EQUIVALENTS AND DEFERRED TAXATION ASSETS) INCLUDING ASSOCIATE COMPANY
 
Rm  2006  2005*
Electrical engineering 1 325,2  939,0 
Electronics    
Office systems 1 839,3  1 276,4 
Consumer products and services 1 241,2  976,3 
Telecommunications 978,3  581,7 
Reutech 109,8  82,0 
Total Electronics 4 168,6  2 916,4 
Total operations 5 493,8  3 855,4 
Less: Reunert’s attributable portion of associate
company’s assets
(872,8) (479,9)
Total assets (excluding cash and cash equivalents
and deferred taxation assets) as reported per the
balance sheet
4 621,0  3 375,5 
 
TRADE AND OTHER PAYABLES, DERIVATIVE LIABILITIES AND PROVISIONS, INCLUDING ASSOCIATE COMPANY
 
Rm  2006  2005*
Electrical engineering 441,2  248,8 
Electronics    
Office systems 359,6  293,6 
Consumer products and services 958,7  804,0 
Telecommunications 722,7  435,0 
Reutech 125,6  97,2 
Total Electronics 2 166,6  1 629,8 
Total operations 2 607,8  1 878,6 
Less: Reunert’s attributable portion of associate
company’s liabilities
(721,9) (434,5)
Trade and other payables, derivative liabilities and
provisions as reported per the balance sheet
1 885,9  1 444,1 
 
CAPITAL EXPENDITURE EXCLUDING ASSOCIATE COMPANY
 
Rm  2006  2005*
Electrical engineering 99,8  38,3 
Electronics    
Office systems 60,1  2,4 
Consumer products and services 30,3  15,1 
Telecommunications 0,1  — 
Reutech 4,0  3,9 
Total Electronics 94,5  21,4 
Capital expenditure as reported 194,3  59,7 
 
DEPRECIATION AND IMPAIRMENTS OF PROPERTY, PLANT AND EQUIPMENT AND AMORTISATION OF INTANGIBLE ASSETS EXCLUDING ASSOCIATE COMPANY
 
Rm  2006  2005*
Electrical engineering 36,9  30,6 
Electronics    
Office systems 5,0  3,0 
Consumer products and services 17,1  12,8 
Telecommunications —  0,1 
Reutech 4,2  3,4 
Total Electronics 26,3  19,3 
Depreciation and impairment of property, plant and
equipment and amortisation of intangible assets as reported
63,2  49,9 
 
NUMBER OF EMPLOYEES EXCLUDING ASSOCIATE COMPANY
  2006  2005 
Electrical engineering 3 295  2 680 
Electronics    
Office systems 400  413 
Consumer products and services 1 781  1 588 
Telecommunications 30  16 
Reutech 770  623 
Total Electronics 2 981  2 640 
Number of employees as reported 6 276  5 320 
 
* The comparative information has been amended to take account of the effect of adopting IFRS from 1 October 2004 and SAICA Circular 9/2006.
   
Back to top