Financial results

Interim Results
For the six months ended 31 December 2011

Notes

1. Commitments and contingencies
There are no material contingent assets or liabilities at 31 December 2011.
Capital commitments at 31 December 2011:	R'm
– Contracted	26
– Authorised, not contracted	55
Total	81
2. Changes in accounting policy
The accounting policies and methods of computation used in the preparation of the reviewed interim financial results are in terms of International Financial Reporting Standards and are consistent with those of the previous financial year except for the adoption of new and amended IFRS and IFRIC interpretations which became effective during the current financial year. The application of these standards and interpretations did not have a significant impact on the Group’s reported results and cash flows for the six months ended 31 December 2011 and the financial position at 31 December 2011.

3. Earnings per share	Reviewed six months to 31 December 2011	Reviewed six months to 31 December 2010	Audited year to 30 June 2011
Reconciliation of shares in issue (all figures in millions):
– Total number of shares issued	1 033	1 033	1 033
– Share Incentive Trust shares	26	26	26
– BEE treasury shares	88	88	88
Shares in issue to external parties	919	919	919
Share numbers used for earnings per share calculations (all figures in millions):
– Weighted average number of shares	919	921	920
– Diluted weighted average number of shares	922	923	922
Reconciliation of headline earnings (Rand millions):
– Profit attributable to equity shareholders	199	165	320
– Profit on sale of property, plant and equipment	(2)	(3)	(2)
Headline earnings	197	162	318