Summarised consolidated statement of comprehensive income |
| Audited 12 months 30 June 2016 R000 |
Audited 12 months 30 June 2015 R000 |
|||
| Revenue | 3 078 221 | 2 703 034 | ||
| Investment property income | 2 976 420 | 2 642 949 | ||
| Straight-line rental income accrual | 101 801 | 60 085 | ||
| Property expenses | (993 861) | (887 918) | ||
| Net property income | 2 084 360 | 1 815 116 | ||
| Other operating expenses | (76 593) | (64 611) | ||
| Operating income | 2 007 767 | 1 750 505 | ||
| Net interest | (366 176) | (351 647) | ||
| Received | 323 759 | 157 344 | ||
| Paid | (689 935) | (508 991) | ||
| Net operating income | 1 641 591 | 1 398 858 | ||
| Change in fair value | 1 217 049 | 2 426 584 | ||
| Investment property | 1 382 134 | 2 467 113 | ||
| Straight-line rental income accrual | (101 801) | (60 085) | ||
| Investment in joint venture | (10 102) | |||
| Derivative instruments | (53 182) | 19 556 | ||
| Loss on disposal | (5 768) | |||
| Investment in subsidiary | (30 011) | |||
| Investment property | 24 243 | |||
| Impairment of goodwill | (4 280) | |||
| Net income before equity-accounted investments | 2 858 640 | 3 815 394 | ||
| Share of loss from joint ventures | (41 007) | (17 447) | ||
| Share of income from associate | 457 | 652 | ||
| Profit before taxation | 2 818 090 | 3 798 599 | ||
| Taxation | (50 930) | (19 023) | ||
| Profit for the year | 2 767 160 | 3 779 576 | ||
| Other comprehensive income | ||||
| Exchange differences on translation of foreign operations | (1 491) | 5 329 | ||
| Total comprehensive income for the year | 2 765 669 | 3 784 905 | ||
| Total profit for the year attributable to: | ||||
| Shareholders of the company | 2 750 847 | 3 779 576 | ||
| Non-controlling interests | 16 313 | |||
| Profit for the year | 2 767 160 | 3 779 576 | ||
| Total comprehensive income attributable to: | ||||
| Shareholders of the company | 2 752 041 | 3 784 905 | ||
| Non-controlling interests | 13 628 | |||
| Total comprehensive income for the year | 2 765 669 | 3 784 905 | ||
| Summarised reconciliation – headline earnings and distributable earnings | ||||
| Profit for the year | 2 767 160 | 3 779 576 | ||
| Earnings | 2 767 160 | 3 779 576 | ||
| Headline earnings adjustments | (1 372 032) | (2 457 065) | ||
| Change in fair value of investment property | (1 382 134) | (2 467 113) | ||
| Change in fair value of investment in joint venture | 10 102 | |||
| Loss on disposal: Investment in subsidiary | 30 011 | |||
| Investment property | (24 243) | |||
| Impairment of goodwill | 4 280 | |||
| Headline earnings | 1 395 128 | 1 322 511 | ||
| Distributable earnings adjustments | 142 535 | (2 892) | ||
| Change in fair value: Derivative instruments | 53 182 | (19 556) | ||
| Investments in sub-Saharan Africa (excluding SA) | (35 131) | (35) | ||
| Investments in South African subsidiaries | 1 205 | (2 945) | ||
| Investments in South-Eastern Europe | 24 572 | |||
| Capital items | 15 632 | 620 | ||
| Taxation | 7 371 | 12 387 | ||
| Deferred taxation | 43 558 | 6 637 | ||
| Antecedent dividend | 32 146 | |||
| Distributable earnings | 1 537 663 | 1 319 619 | ||
| Total shares in issue | 243 256 092 | 243 256 092 | ||
| Weighted average shares in issue | 242 921 081 | 243 256 092 | ||
| Total shares in issue for dividend per share (excludes treasury shares) | 248 030 619 | 242 990 433 | ||
| Basic earnings per share (cents) | 1 139,1 | 1 553,7 | ||
| Headline earnings per share (cents) | 574,3 | 543,7 | ||
| Diluted earnings per share (cents) | 1 131,1 | 1 553,7 | ||
| Diluted headline earnings per share (cents) | 567,3 | 543,7 |