HIGHLIGHTS
- Revenue up from
R1,6 billion to R2,8 billion
- EBITDA up from
R465 million to R1,6 billion
- Earnings per share up
from 10 cents to 42 cents
- Debt reduced by
R458 million to R350 million
- Cash balance of
R540 million
Commentary
On 27 February 2009, the board of directors (the Board) of the Company approved the consolidated annual financial
statements of the Group and the Company for the year ended 31 December 2008. In compliance with the JSE Limited
Listings Requirements, the statements have been prepared in accordance with International Financial Reporting
Standards and the Companies Act of South Africa. The abridged results are a summary of those consolidated annual
financial statements and comply with IAS 34: Interim Financial Reporting. The accounting policies adopted are
consistent with those applied in the annual financial statements for the year ended 31 December 2007.
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