Annexure D
INFORMATION ON SEGMENTS FOR THE YEAR
ENDED 31 MARCH 2010
2010 |
||||
Headline |
||||
| R million | Revenue |
earnings |
Assets |
Liabilities |
| Financial services | ||||
| RMBH | – |
720 |
6 400 |
– |
| FirstRand | – |
635 |
6 026 |
– |
| Industrial interests | ||||
| Air Products South Africa | – |
115 |
536 |
– |
| Distell Group(2) | – |
281 |
1 798 |
– |
| Kagiso Trust Investments | – |
128 |
1 213 |
– |
| Medi-Clinic Corporation | – |
460 |
3 111 |
– |
| Nampak | – |
73 |
1 205 |
– |
| PGSI | – |
83 |
533 |
– |
| Rainbow Chicken | 6 953 |
259 |
4 419 |
1 756 |
| Total South Africa | – |
42 |
631 |
– |
| Tsb Sugar | 4 149 |
227 |
2 857 |
1 425 |
| Unilever SA Holdings | – |
279 |
3 109 |
– |
| Wispeco | 747 |
63 |
533 |
175 |
| Other industrial interests | – |
(28) |
343 |
16 |
| Media interests | ||||
| Sabido | – |
11 |
837 |
– |
| MARC(4) | – |
5 |
187 |
– |
| Other media interests | – |
1 |
50 |
– |
| Mining interests | ||||
| Implats | – |
85 |
5 711 |
– |
| Trans Hex Group | – |
11 |
65 |
– |
| Technology interests | ||||
| CIV group(3) | – |
7 |
378 |
– |
| SEACOM(4) | – |
– |
721 |
– |
| Tracker(4) | – |
– |
574 |
– |
| Other technology interests | – |
6 |
385 |
– |
| Other investments | – |
(64) |
573 |
– |
| Central treasury – cash at the centre | – |
57 |
4 662 |
– |
| Other net corporate assets | – |
(101) |
1 419 |
821 |
11 849 |
3 355 |
48 276 |
4 193 |
|
| Elimination of loans to/from subsidiary companies | (218) |
(218) |
||
| Consolidated | 48 058 |
3 975 |
||
| (1) | Previously the interests of the Group were classified into five main operating divisions/business segments – tobacco interests, financial services, industrial interests, mining interests and corporate and other. Following the adoption of IFRS 8: Operating Segments, the business segment analysis was amended to present significant investments as operating segments in their own right. For ease of reference, operating segments are still grouped together (in "reporting groups"). The acquisition of VenFin necessitated the introduction of two new reporting groups, "Media interests" and "Technology interests". A third new reporting group, "Other investments" was also created. In order to facilitate year on year comparison, the information presented for the comparative year has been adjusted accordingly. |
| (2) | Includes the investments in Capevin Investments Limited and Capevin Holdings Limited. |
| (3) | Includes the investments in CIV Fibre Network Solutions (Pty) Limited, CIE Telecommunications Limited, CIV Power Limited and Central Lake Trading No. 77 (Pty) Limited. |
| (4) | No equity income accounted for the year ended 31 March 2010. These companies have June and December year-ends. Refer to the "Acquisition of VenFin" in the Report of the Board of Directors for further information. |
| (5) | Geographical segmental information: Revenue is only derived in South Africa while non-current assets, amounting to R1 943 million, are located in foreign countries. |
| 2009 | ||||
| Headline | ||||
| R million | Revenue | earnings | Assets | Liabilities |
| Tobacco interest(2) | ||||
| R&R | – | 2 295 | – | – |
| Financial services | ||||
| RMBH | – | 761 | 6 027 | – |
| FirstRand | – | 815 | 5 728 | – |
| Industrial interests | ||||
| Air Products South Africa | – | 102 | 453 | – |
| Distell Group | – | 304 | 1 320 | – |
| Kagiso Trust Investments | – | (139) | 940 | – |
| Medi-Clinic Corporation | – | 288 | 3 533 | – |
| Nampak | – | 105 | 1 263 | – |
| PGSI | – | 40 | 368 | – |
| Rainbow Chicken | 6 811 | 235 | 4 182 | 1 693 |
| Total South Africa | – | (25) | 566 | – |
| Tsb Sugar | 3 732 | 188 | 2 229 | 972 |
| Unilever SA Holdings | – | 231 | 2 950 | – |
| Wispeco | 912 | 30 | 410 | 98 |
| Other industrial interests | – | (41) | 224 | – |
| Mining interests | ||||
| Implats | – | 346 | 4 223 | – |
| Trans Hex Group | – | (182) | 44 | – |
| Other investments | – | (80) | 415 | – |
| Central treasury – cash at the centre | – | 194 | 5 967 | – |
| Other net corporate assets | – | (807) | 1 274 | 566 |
| 11 455 | 4 660 | 42 116 | 3 329 | |
| Elimination of loans to/from subsidiary companies | – | – | ||
| Consolidated | 42 116 | 3 329 | ||
| (1) | Previously the interests of the Group were classified into five main operating divisions/business segments – tobacco interests, financial services, industrial interests, mining interests and corporate and other. Following the adoption of IFRS 8: Operating Segments, the business segment analysis was amended to present significant investments as operating segments in their own right. For ease of reference, operating segments are still grouped together (in "reporting groups"). |
| (2) | During the 2009 financial year, the investment in BAT was unbundled to shareholders. Accordingly the tobacco interest designation has been terminated. |
| (3) | Geographical segmental information: Revenue is only derived in South Africa while non-current assets, amounting to R734 million, are located in foreign countries. |