1 / 7

2003/2004 Financial Results

2003/2004 Financial Results. Geoffrey Qhena Chief Financial Officer Industrial Development Corporation of South Africa Limited. 2004. 2003. Revenue. 3 961. 3 802. Net operating (loss) / income. ( 803 ). 255. Net capital gains on investments. 628. 335.

dalton-rowland
Download Presentation

2003/2004 Financial Results

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2003/2004Financial Results Geoffrey Qhena Chief Financial Officer Industrial Development Corporation of South Africa Limited

  2. 2004 2003 Revenue 3 961 3 802 Net operating (loss) / income (803) 255 Net capital gains on investments 628 335 • Share of equity accounted investments • Profits/(losses) from ordinary operations 411 209 Taxation Net income after tax Minority interest Net attributable income (470) 706 9 697 18 781 (6) 787 236 799 Net income from operations Abridged Group Income Statementfor the Year Ended 30 June 2004 (R’mil)

  3. Analysis of Net Attributable Income/(Loss) (R’mil) 1831 822 787 697 666 465 (258)

  4. 2004 2003 1 666 25 059 2 568 356 1 291 30 940 Assets Cash and cash equivalents Loans, advances and investments Property, plant and equipment Deferred taxation Other assets 2 773 23 125 2 276 36 1 592 29 802 Equity and Liabilities Capital and reserves Long-term loans Deferred taxation Bank overdraft Other liabilities 22 058 6 157 534 23 1 030 29 802 24 541 5 366 - 34 999 30 940 Debt/Equity Ratio 22% 28% Abridged Group Balance Sheetas at 30 June 2004 (R’mil)

  5. Strengthened Financial Base

  6. 30-6-2004 Market Value 30-6-2004 Holding (%) 13-9-2004 Market Value 13-9-2004 Holding (%) 30-6-2003 Market Value 30-6-2003 Holding (%) 5 119 2 976 1 677 1 370 1 512 676 303 13 633 673 8.0% 2.2% 7.4% 14.0% 8.8% 2.9% 6 307 3 407 1 571 1 577 1 771 703 354 15 690 - 8.0% 2.2% 7.4% 14.0% 8.8% 2.9% 4 450 2 718 1 608 1 249 627 550 220 11 422 372 8.0% 2.8% 7.4% 14.0% 8.8% 2.9% Listed Investments (R’mil) Sasol Ltd BHP Billiton Sappi Ltd Kumba Resources Ltd Iscor Ltd Acerinox Ltd Other Realised

  7. Thank you

More Related