Headline earnings
as at June 30 2016
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 | ||
| 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 Pro forma R’000 |
||
| Profit attributable to shareholders of the company | 3 279 576 | (1 960) | – | 141 224 | 21 017 | – | (9 146) | 3 430 711 | |
|---|---|---|---|---|---|---|---|---|---|
| Impairment of property, plant and equipment, intangible assets and investments held-for-sale | 156 126 | – | – | – | – | – | – | 156 126 | |
| Investment held available-for-sale | 119 076 | – | – | – | – | – | – | 119 076 | |
| Property, plant and equipment | 41 463 | – | – | – | – | – | – | 41 463 | |
| Intangible assets | 3 817 | – | – | – | – | – | – | 3 817 | |
| Tax relief | (8 230) | – | – | – | – | – | – | (8 230) | |
| Net (profit) loss on disposal of interests in subsidiaries and disposal and closure of businesses | (34 804) | – | – | 9 148 | – | – | – | (25 656) | |
| (Profit) loss on disposal and closure of business | (35 818) | – | – | 9 148 | – | – | – | (26 670) | |
| Tax relief | 1 014 | – | – | – | – | – | – | 1 014 | |
| Net loss on disposal of property, plant and equipment and intangible assets | 11 499 | – | – | – | – | – | – | 11 499 | |
| Property, plant and equipment | 4 256 | – | – | – | – | – | – | 4 256 | |
| Intangible assets | 5 280 | – | – | – | – | – | – | 5 280 | |
| Tax charge | 1 963 | – | – | – | – | – | – | 1 963 | |
| Impairment of associate | 10 699 | – | – | – | – | – | – | 10 699 | |
| Headline earnings | 3 423 096 | (1 960) | – | 150 372 | 21 017 | – | (9 146) | 3 583 379 | |