A N N U A L    R E P O R T    2 0 0 0

 


 
S E G M E N T A L   A N A L Y S I S
Business and Geographical Segments
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.
 
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 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.
 
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)


      

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.
R million

2000 

%

1999 

%change 


Electronics
Nashua Office Automation

42,7 

11

22,9 

86 

Panasonic

23,2 

6

37,8 

12 

(39)

Cellular

35,2 

9

25,3 

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 


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)


Continuing operating profit
excluding associate companies

244,6 

188,6 

30 

Operations sold and discontinued*

– 

108,0 


Operating profit as reported

244,6 

296,6 

(18)


      

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 


      

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

R million

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 


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 


      

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 


      

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 


Electronics

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 


Total Electrical Engineering and Cables

26,5 

26,7 


Financial Services

– 

– 


Total continuing operations

36,5 

40,3 

Operations sold and discontinued*

– 

29,8 


Depreciation as reported

36,5 

70,1 


      

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 


* The comparative amounts have been restated to include the operations sold and discontinued during 2000.

      



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Copyright - Reunert - 2003