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Continuing operations |
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Consolidated* |
Eliminations |
Equipment |
Automotive |
Automotive |
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Handling |
Logistics^ |
Corporate |
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Trading |
Car rental Southern Africa |
Leasing |
Trading |
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Leasing |
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| R million |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
2009 |
2008 |
2007 |
| 1. |
Business and geographical segments** |
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Revenue |
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Southern Africa |
28 119 |
29 166 |
22 332 |
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10 902 |
11 930 |
8 568 |
11 381 |
11 622 |
9 948 |
1 516 |
1 586 |
1 209 |
1 111 |
948 |
701 |
930 |
1 027 |
765 |
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2 257 |
1 970 |
1 088 |
22 |
83 |
53 |
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Europe |
9 500 |
12 965 |
10 643 |
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5 559 |
8 459 |
7 422 |
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2 052 |
3 193 |
2 690 |
59 |
75 |
160 |
1 830 |
1 238 |
371 |
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North America |
1 676 |
1 850 |
4 334 |
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1 675 |
1 849 |
4 330 |
1 |
1 |
4 |
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Australia and Asia |
2 937 |
2 849 |
2 448 |
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2 937 |
2 849 |
2 448 |
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42 232 |
46 830 |
39 757 |
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16 461 |
20 389 |
15 990 |
14 318 |
14 471 |
12 396 |
1 516 |
1 586 |
1 209 |
1 111 |
948 |
701 |
4 657 |
6 069 |
7 785 |
60 |
76 |
164 |
4 087 |
3 208 |
1 459 |
22 |
83 |
53 |
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Inter-segment revenue*** |
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(1 172) |
(1 259) |
(1 608) |
760 |
407 |
389 |
51 |
74 |
51 |
6 |
9 |
3 |
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54 |
91 |
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81 |
400 |
747 |
220 |
278 |
410 |
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42 232 |
46 830 |
39 757 |
(1 172) |
(1 259) |
(1 608) |
17 221 |
20 796 |
16 379 |
14 369 |
14 545 |
12 447 |
1 522 |
1 595 |
1 212 |
1 111 |
948 |
701 |
4 711 |
6 160 |
7 785 |
60 |
76 |
164 |
4 168 |
3 608 |
2 206 |
242 |
361 |
463 |
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Segment result |
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Operating profit/(loss) |
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Southern Africa |
2 056 |
1 967 |
1 522 |
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1 282 |
1 523 |
918 |
232 |
143 |
184 |
254 |
250 |
325 |
158 |
85 |
76 |
80 |
124 |
54 |
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92 |
105 |
76 |
(42) |
(263) |
(111) |
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Europe |
(67) |
586 |
643 |
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11 |
534 |
612 |
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(76) |
8 |
55 |
23 |
4 |
14 |
(15) |
30 |
19 |
(10) |
10 |
(57) |
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North America |
(54) |
36 |
64 |
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(54) |
40 |
72 |
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(4) |
(8) |
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Australia and Asia |
59 |
62 |
48 |
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59 |
62 |
48 |
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Operating profit/(loss) |
1 994 |
2 651 |
2 277 |
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1 293 |
2 057 |
1 530 |
291 |
205 |
232 |
254 |
250 |
325 |
158 |
85 |
76 |
(50) |
172 |
181 |
23 |
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6 |
77 |
135 |
95 |
(52) |
(253) |
(168) |
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Fair value adjustments on financial instruments |
(201) |
(80) |
295 |
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(151) |
49 |
(5) |
2 |
10 |
(13) |
(1) |
(7) |
7 |
(3) |
1 |
(1) |
(29) |
(25) |
(4) |
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(6) |
1 |
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(13) |
(109) |
311 |
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Total segment result |
1 793 |
2 571 |
2 572 |
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1 142 |
2 106 |
1 525 |
293 |
215 |
219 |
253 |
243 |
332 |
155 |
86 |
75 |
(79) |
147 |
177 |
23 |
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6 |
71 |
136 |
95 |
(65) |
(362) |
143 |
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By geographical region |
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Southern Africa |
1 856 |
1 879 |
1 819 |
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1 128 |
1 570 |
913 |
234 |
153 |
171 |
253 |
243 |
332 |
155 |
86 |
75 |
51 |
99 |
50 |
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91 |
105 |
76 |
(56) |
(377) |
202 |
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Europe |
(68) |
594 |
641 |
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14 |
536 |
612 |
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(76) |
8 |
55 |
23 |
4 |
14 |
(20) |
31 |
19 |
(9) |
15 |
(59) |
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North America |
(54) |
36 |
64 |
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(54) |
40 |
72 |
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(4) |
(8) |
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Australia and Asia |
59 |
62 |
48 |
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59 |
62 |
48 |
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Total segment result |
1 793 |
2 571 |
2 572 |
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1 142 |
2 106 |
1 525 |
293 |
215 |
219 |
253 |
243 |
332 |
155 |
86 |
75 |
(79) |
147 |
177 |
23 |
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6 |
71 |
136 |
95 |
(65) |
(362) |
143 |
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Income from associates and joint ventures |
43 |
72 |
53 |
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51 |
62 |
36 |
(6) |
8 |
20 |
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(5) |
(2) |
(3) |
4 |
3 |
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(1) |
1 |
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Segment result including associate income |
1 836 |
2 643 |
2 625 |
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1 193 |
2 168 |
1 561 |
287 |
223 |
239 |
253 |
243 |
332 |
150 |
84 |
72 |
(75) |
150 |
177 |
23 |
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6 |
71 |
136 |
95 |
(66) |
(361) |
143 |
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Finance costs |
(938) |
(889) |
(631) |
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Income from investments |
149 |
195 |
164 |
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Exceptional items |
22 |
(17) |
(74) |
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1 069 |
1 932 |
2 084 |
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Taxation |
(248) |
(675) |
(697) |
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Net profit |
821 |
1 257 |
1 387 |
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Non cash expenses per segment |
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Depreciation |
1 854 |
1 833 |
1 487 |
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481 |
488 |
406 |
83 |
64 |
46 |
411 |
454 |
271 |
476 |
413 |
344 |
300 |
312 |
299 |
22 |
31 |
43 |
68 |
53 |
47 |
13 |
18 |
31 |
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Amortisation of intangibles |
61 |
52 |
54 |
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25 |
21 |
23 |
4 |
4 |
3 |
3 |
1 |
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1 |
1 |
1 |
8 |
8 |
10 |
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18 |
15 |
14 |
2 |
2 |
3 |
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Impairment (reversals)/losses |
(4) |
47 |
262 |
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(21) |
19 |
158 |
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3 |
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6 |
68 |
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2 |
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17 |
17 |
36 |
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