Headline earnings as at June 30 2015
as at June 30 2015
The following adjustments to profit attributable to shareholders were taken into account in the calculation of headline earnings:
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | Column 7 | Column 8 | Column 9 | Column 10 | ||
| Historical financial information of Bidcorp Audited R’000 |
Excluded assets Pro forma R’000 |
Issue of shares Pro forma R’000 |
SA food interests Pro forma R’000 |
Included food property and corporate Pro forma R’000 |
Treasury shares Pro forma R’000 |
Consolidation entries Pro forma R’000 |
Bidcorp Group after internal restructuring Pro forma R’000 |
Adjustments relating to other Pro forma R’000 |
Bidcorp Group Pro forma R’000 |
||
| Profit attributable to shareholders of the company | 2 514 858 | (908) | – | 203 002 | 15 658 | – | – | 2 732 610 | (16 869) | 2 715 741 | |
| Net impairments | 89 746 | – | – | – | – | – | – | 89 746 | – | 89 746 | |
| Property, plant and equipment | 5 149 | – | – | – | – | – | – | 5 149 | – | 5 149 | |
| Intangible assets | 113 137 | – | – | – | – | – | – | 113 137 | – | 113 137 | |
| Tax relief | (28 540) | – | – | – | – | – | – | (28 540) | – | (28 540) | |
| Net profit on disposal of interests in subsidiaries and disposal and closure of businesses | (961) | – | – | – | – | – | – | (961) | – | (961) | |
| Profit on disposal and closure | (1 373) | – | – | – | – | – | – | (1 373) | – | (1 373) | |
| Tax charge | 412 | – | – | – | – | – | – | 412 | – | 412 | |
| Net profit on disposal of property, plant and equipment and intangible assets | (104 004) | – | – | – | – | – | – | (104 004) | – | (104 004) | |
| Property, plant and equipment | (139 444) | – | – | – | – | – | – | (139 444) | – | (139 444) | |
| Tax charge | 35 440 | – | – | – | – | – | 35 440 | – | 35 440 | ||
| Headline earnings | 2 499 639 | (908) | – | 203 002 | 15 658 | – | – | 2 717 391 | (16 869) | 2 700 522 |