FIVE-YEAR REVIEW and share statistics

Consolidated income statements

R million	Year ended 30 June 2023	Year ended 30 June 2022	Year ended 30 June 2021	Year ended 30 June 2020	Year ended 30 June 2019
Profit before taking into account the following	5 262	5 009	3 713	579	3 259
Non-recurring and capital items and impairments	4 089	592	859	7 334	963
Consolidated profit before tax	9 351	5 601	4 572	7 913	4 222
Taxation	(2 003)	(1 602)	(1 135)	(452)	(987)
Consolidated profit after tax	7 348	3 999	3 437	7 461	3 235
Share in after-tax profit/(loss) of equity accounted investments	3 472	10 980	1 618	(878)	4 517
Net profit after tax	10 820	14 979	5 055	6 583	7 752
Non-controlling interest	(1 196)	(1 840)	(1 505)	63	(433)
Attributable net profit for the period	9 624	13 139	3 550	6 646	7 319
Headline earnings	7 056	6 494	2 885	3 167	8 195
Headline earnings per share (cents)	1 254	1 151	511	561	1 449
Earnings per share (cents)	1 710	2 328	628	1 176	1 294
Dividends per share (cents)
– Ordinary	240	150	90	265	564

Consolidated statements of financial position

R million	30 June 2023	30 June 2022	30 June 2021	30 June 2020	30 June 2019
Property, plant and equipment, biological agricultural assets and investment properties	10 230	17 968	16 889	16 954	14 660
Investments – Equity accounted	76 445	50 771	50 207	50 991	71 183
Other non-current assets	33 939	42 250	36 282	35 221	29 156
Current assets	30 351	45 709	37 388	43 933	40 539
Total assets	150 965	156 698	140 766	147 099	155 538
Total equity	122 441	115 880	103 576	101 443	116 189
Non-current liabilities	11 787	21 128	20 103	23 139	26 770
Current liabilities	16 737	19 690	17 087	22 517	12 579
Total equity and liabilities	150 965	156 698	140 766	147 099	155 538
Net asset value per share (Rand)
(attributable to equity holders)
– at book value*	207.51	174.52	155.86	153.59	178.95
– at intrinsic value*	248.47	213.10	177.33	154.47	233.03

*	Decrease from 30 June 2019 reflects the RMH Unbundling and negative impact of Covid-19 on market values (listeds) and fair values(unlisteds) of underlying investment companies.

Consolidated statements of cash flows

R million	Year ended 30 June 2023	Year ended 30 June 2022	Year ended 30 June 2021	Year ended 30 June 2020	Year ended 30 June 2019
Cash flow generated from returns on investments	4 936	9 589	6 593	8 058	7 555
Taxation paid	(2 051)	(1 430)	(1 628)	(1 772)	(1 217)
Cash available from operating activities	2 885	8 159	4 965	7 286	6 338
Dividends paid	(1 075)	(721)	(506)	(3 883)	(3 759)
Cash flow from operating activities	1 810	7 438	4 459	3 403	2 579
Net investing activities	(5 451)	(2 672)	(1 200)	(1 478)	(2 203)
Net financing activities	(2 675)	(1 862)	(7 877)	(251)	(816)
Net increase/(decrease) in cash and cash equivalents	(6 316)	2 904	(4 618)	1 674	(440)

Share statistics

	Year ended 30 June 2023	Year ended 30 June 2022	Year ended 30 June 2021	Year ended 30 June 2020	Year ended 30 June 2019
Weighted number of unlisted B ordinary shares (’000)	39 057	39 057	39 057	39 057	39 057
JSE Limited
Weighted number of Remgro ordinary shares in issue
– excluding the unlisted B ordinary shares (’000)	523 688	525 361	525 928	525 904	526 562
Market capitalisation at end of period (R million)
– ordinary shares only	77 821	68 751	60 648	52 869	99 440
Price (cents per share)
– Last day of period	14 705	12 991	11 460	9 990	18 790
– Highest	14 757	15 355	12 327	20 131	21 760
– Lowest	12 573	10 800	8 388	9 990	17 541
Number of shares traded (’000)	283 470	339 250	410 887	404 004	291 284
Value of shares traded (R million)	38 755	45 148	40 883	64 127	57 624
Shares traded/weighted number of ordinary shares (%)	54.1	64.6	78.1	76.8	55.3
Number of transactions	823 782	804 568	988 095	1 244 812	1 068 333

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