ANNEXURE D

INFORMATION ON BUSINESS AND GEOGRAPHICAL SEGMENTS FOR THE YEAR
ENDED 31 MARCH 2007

          Corporate  CONSOL- 
          finance  IDATED 
  Tobacco  Financial  Industrial  Mining  and other  2007 
R million   interests  services  interests  interests  interests  Total 
             

BUSINESS SEGMENT ANALYSIS

           
Sales –  –  7 877  –  –  7 877 
Results            
   Subsidiary companies 218  1  969  147  171  1 506 
   Associated companies 2 774  1 716  1 499  14  –  6 003
            7 509
Finance costs           (30)
Profit on sale of investments and negative goodwill           51
Profit before tax           7 530
Taxation           (403)
Net profit           7 127
Attributable to:            
Equity holders           6 942 
Minority interests           185 
            7 127 
Headline earnings 2 964  1 529  1 924  155  281  6 853

OTHER INFORMATION  

            
Segment assets 3 139  –  5 849  6 085  1 617  16 690 
Investments in associated companies 17 047  8 593  6 782  316  295  33 033 
            49 723 
Taxation – Deferred           124
                  – Current           14
Consolidated total assets           49 861
Segment liabilities 3  –  1 982  –  140  2 125
Taxation – Deferred           1 205
                  – Current           104
Consolidated total liabilities           3 434 
Additions to property, plant and equipment            
and intangible assets –  –  474  –  65  539 
Depreciation and amortisation –  –  229  –  8  237 
             

The interests of the Group have been classified into five main operating divisions/business segments – tobacco interests, financial services, industrial interests, mining interests and corporate finance/other interests. Each segment represents the main business sector of the investments classified thereunder. No adjustment has been made where companies are mainly active in one sector but have also interests in other sectors.

Income and expenses, as well as the attributable portion of the income from associated companies, are directly attributable to the segment.

Segment assets mainly include cash and cash equivalents, debtors and short-term loans, inventories, property, plant and equipment, intangible assets and other investments. Investments in associated companies, accounted for on the equity method, are stated separately.

             
Segment liabilities include all operating liabilities, except for taxation.
             

GEOGRAPHICAL SEGMENTAL ANALYSIS

           
The Group’s interests can be divided into two main            
geographical areas, namely South Africa and abroad.     Capital    Headline  Total 
      expenditure  Sales  earnings  assets 
R million     2007  2007  2007  2007 
             
South Africa     539  7 877  3 795  29 537 
Abroad     –  –  3 058  20 186 
             
      539  7 877  6 853  49 723 
             
Total assets include assets and investments in associated companies, but exclude deferred tax assets and taxation paid in advance.  
             
          Corporate  CONSOL- 
          finance  IDATED 
  Tobacco  Financial  Industrial  Mining  and other  2006 
R million interests  services  interests  interests  interests  Total 
             

BUSINESS SEGMENT ANALYSIS

           
Sales –  –  9 802  –  –  9 802 
Results            
   Subsidiary companies –  123  1 423  168  256  1 970 
   Associated companies 2 199  1 284  911  (40)  – 4 354
            6 324
Finance costs           (29)
Profit on sale of investments and negative goodwill           3 162
Profit before tax           9 457
Taxation           (857)
Net profit           8 600
Attributable to:            
Equity holders           8 202 
Minority interests           398 
            8 600 
Headline earnings 2 369  1 147  1 184  288  96  5 084

OTHER INFORMATION  

            
Segment assets 1 730  –  5 062  3 886  4 403  15 081 
Investments in associated companies 12 336  7 442  6 013  307  –  26 098 
             
Taxation – Deferred           90
                  – Current           67
Consolidated total assets           41 336 
Segment liabilities 3  –  1 781  110  89  1 983 
Taxation – Deferred           790 
                  – Current           473 
Consolidated total liabilities           3 246 
Additions to property, plant and equipment            
   and intangible assets –  –  667  –  23  690 
Depreciation and amortisation –  –  293  –  8  301 
Impairments –  –  (3) –  –  (3)

The interests of the Group have been classified into five main operating divisions/business segments – tobacco interests, financial services, industrial interests, mining interests and corporate finance/other interests. Each segment represents the main business sector of the investments classified thereunder. No adjustment has been made where companies are mainly active in one sector but have also interests in other sectors.

Income and expenses, as well as the attributable portion of the income from associated companies, are directly attributable to the segment.

Segment assets mainly include cash and cash equivalents, debtors and short-term loans, inventories, property, plant and equipment, intangible assets and other investments. Investments in associated companies, accounted for on the equity method, are stated separately.
             
Segment liabilities include all operating liabilities, except for taxation.            
             

GEOGRAPHICAL SEGMENTAL ANALYSIS

           
The Group’s interests can be divided into two main            
geographical areas, namely South Africa and abroad..      Capital    Headline  Total 
      expenditure  Sales  earnings  assets 
R million     2006  2006  2006  2006 
             
South Africa     690  9 802  2 693  27 113 
Abroad      –  –  2 391  14 066 
             
      690  9 802  5 084  41 179 
Total assets include assets and investments in associated companies, but exclude deferred tax assets and taxation paid in advance.