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In order to provide a better appreciation of the results of the groups activities, condensed income statements and balance sheets are also presented in US dollars, as virtually all of the groups revenue and assets and much of its expenditure are denominated in that currency. The amounts stated in US dollars have been prepared by management and are unaudited. |
| |
UNAUDITED |
UNAUDITED |
| |
6 MONTHS |
YEAR ENDED |
| |
ENDED 30 JUNE |
31 DECEMBER |
| |
2007 |
|
2006 |
2006 |
| US$ MILLION |
|
|
RESTATED |
RE-PRESENTED |
| Revenue |
156,5 |
|
149,3 |
266,4 |
 |
| Continuing operations |
|
|
|
|
| Trading profit |
63,1 |
|
47,5 |
107,7 |
| Exchange gains arising on translation |
0,5 |
|
3,0 |
4,0 |
| Net long-term receivable fair value adjustment |
|
|
|
9,0 |
| Impairment of plant and equipment |
|
|
(0,9) |
(0,2) |
 |
| Profit from operations |
63,6 |
|
49,6 |
120,5 |
| Net finance costs |
(14,2) |
|
(10,8) |
(31,2) |
| Finance expense |
(17,4) |
|
(12,9) |
(35,9) |
| Finance income |
3,2 |
|
2,1 |
4,7 |
| Share of profit of equity accounted investee |
|
|
|
0,1 |
| Exceptional items |
(0,9) |
|
0,1 |
(5,4) |
 |
| Profit before taxation |
48,5 |
|
38,9 |
84,0 |
| Income tax expense |
(3,2) |
|
(4,1) |
(10,2) |
 |
| Profit after tax from continuing operations |
45,3 |
|
34,8 |
73,8 |
| Discontinued operations (net of income tax) |
0,5 |
|
(1,4) |
(10,9) |
 |
| Profit for the period |
45,8 |
|
33,4 |
62,9 |
 |
| Attributable to: |
|
|
|
|
| Equity holders of the company |
27,5 |
|
18,7 |
36,9 |
| Minority interest |
18,3 |
|
14,7 |
26,0 |
 |
| |
45,8 |
|
33,4 |
62,9 |
 |
| Number of shares in issue (million) |
187,2 |
|
156,5 |
155,6 |
| Weighted average number of shares in issue (million) |
187,1 |
|
155,8 |
156,5 |
| Basic earnings per share (US cents) |
|
|
|
|
| Entity as a whole |
14,7 |
|
12,1 |
23,6 |
| Continuing operations |
14,5 |
|
12,6 |
27,5 |
| Discontinued operations |
0,2 |
|
(0,5) |
(3,9) |
| Diluted earnings per share (US cents) |
|
|
|
|
| Entity as a whole |
14,7 |
|
10,7 |
20,6 |
| Continuing operations |
14,5 |
|
11,1 |
23,9 |
| Discontinued operations |
0,2 |
|
(0,4) |
(3,3) |
| Headline earnings per share (US cents) |
13,5 |
|
10,7 |
27,7 |
| Diluted headline earnings per share (US cents) |
13,4 |
|
9,5 |
24,1 |
| Adjusted headline earnings per share (US cents) |
15,2 |
|
12,3 |
30,8 |
| Diluted adjusted headline earnings per share (US cents) |
15,2 |
|
10,8 |
26,6 |
| Period-end rate of exchange: SA rand to US dollar |
7,07 |
|
7,10 |
6,98 |
| Average rate of exchange for the period: SA rand to US dollar |
7,17 |
|
6,31 |
6,77 |
 |
| Trading profit from continuing operations comprises: |
|
|
|
|
| Textainer |
58,0 |
|
47,0 |
106,7 |
| TrenStar |
3,2 |
|
(2,0) |
(3,4) |
| Other |
1,9 |
|
2,5 |
4,4 |
 |
| |
63,1 |
|
47,5 |
107,7 |
 |
|