Supplementary pro forma information regarding the currency effects of the translation of foreign operations on the Group

The pro forma financial information has been compiled for illustrative purposes only and is the responsibility of the board. Due to the nature of this information, it may not fairly present the Group’s financial position, changes in equity and results of operations or cash flows. The pro forma information has been compiled in terms of the JSE Listings Requirements and the Revised Guide on Pro Forma Information by SAICA.

The illustrative information, detailed below, has been prepared on the basis of applying the H1F2018 average rand exchange rates to the H1F2019 foreign subsidiary income statements and recalculating the reported income of the Group for the period.

  For the half-year ended December 31            
R000s 2018 
Unaudited 		   2017 
Unaudited 		 % 
change 		     Illustrative 
2018 at 2017 
average 
exchange 
rates 		   % 
change 		  
Continuing operations                    
Revenue  66 413 585     60 873 527  9,1        65 007 423     6,8    
Trading profit  3 277 347     3 025 266  8,3        3 220 854     6,5     
Headline earnings  2 332 642     2 131 786  9,4        2 286 551     7,3     
Headline earnings per share (cents) 700,2     641,0  9,2        686,3     7,1     
Constant currency per segment from continuing operations                                
Revenue                                
Australasia  16 047 837     15 864 241  1,2        16 268 930     2,6     
United Kingdom  17 208 760     15 637 658  10,0        16 559 783     5,9     
Europe  22 451 594     19 555 009  14,8        21 665 880     10,8    
Emerging Markets  10 705 394     9 816 619  9,1        10 512 830     7,1    
   66 413 585     60 873 527  9,1        65 007 423     6,8    
Trading profit                               
Australasia  980 922     937 090  4,7        994 507     6,1    
United Kingdom  856 706     726 463  17,9        824 398     13,5    
Europe  979 866     816 982  19,9        944 695     15,6    
Emerging Markets  501 993     581 252  (13,6)       498 326     (14,3)   
Corporate office  (42 140)    (36 521)          (41 072)         
   3 277 347     3 025 266  8,3        3 220 854     6,5    

Average exchange rates are calculated using the arithmetic mean of the daily exchange rates over the reporting period.