| |
2010 |
2009 |
| |
R’m |
R’m |
Discontinued operations |
|
|
| Equity accounted income from discontinued operations |
– |
2 417 |
| Realisation of reserves previously deferred in equity |
– |
2 695 |
| Pre-tax profit on disposal of discontinued operations |
– |
38 068 |
| Tax on the disposal of discontinued operations |
– |
(677) |
| Profit for the year from discontinued operations |
– |
42 503 |
On 7 October 2008 Remgro shareholders approved the unbundling of the investment in British American Tobacco Plc (BAT) by way of an interim dividend in specie, and on 3 November 2008 Remgro distributed 192.9 million ordinary shares in BAT and 302.6 million Reinet Investments S.C.A. (Reinet) depositary receipts (DRs) to Remgro shareholders in the ratio of 40.6054 BAT ordinary shares and 63.6977 Reinet DRs for every 100 Remgro shares held.
| |
2010 |
2009 |
Number of shares in issue |
|
|
| – Ordinary shares of 1 cent each |
481 106 370 |
439 479 751 |
| Issued at 1 April |
439 479 751 |
449 003 606 |
| Issued during the year |
41 626 619 |
– |
| Cancelled during the year |
– |
(9 523 855) |
| – Unlisted B ordinary shares of 10 cents each |
35 506 352 |
35 506 352 |
| Total number of shares in issue |
516 612 722 |
474 986 103 |
Number of shares held in treasury |
|
|
| – Ordinary shares repurchased and held in treasury |
(3 424 044) |
(3 500 000) |
| |
513 188 678 |
471 486 103 |
| |
|
|
Weighted number of shares |
486 152 822 |
471 798 001 |
In determining earnings per share and headline earnings per share the weighted number of shares was taken into account.
| |
2010 |
2009 |
| |
R’m |
R’m |
Listed investments |
|
|
Associated |
|
|
| – Book value |
17 235 |
16 838 |
| – Market value |
28 480 |
18 904 |
Other |
|
|
| – Book value |
6 357 |
4 651 |
| – Market value |
6 357 |
4 651 |
| |
|
|
Unlisted investments |
|
|
Associated |
|
|
| – Book value |
10 817 |
6 957 |
| – Directors’ valuation |
17 720 |
11 407 |
Joint ventures |
|
|
| – Book value |
55 |
84 |
| – Directors’ valuation |
55 |
84 |
Other |
|
|
| – Book value |
287 |
91 |
| – Directors’ valuations |
287 |
91 |
| |
|
|
Additions to and replacement of property, plant and equipment |
424 |
463 |
| |
|
|
Capital commitments |
882 |
751 |
| (Including amounts authorised, but not yet contracted for) |
|
|
| |
|
|
Guarantees and contingent liabilities |
389 |
435 |
| |
|
|
Dividends received from associated companies and joint ventures set
off against investments |
1 222 |
1 528 |
 |
 |
 |