S U M M A R I S E D   C O N S O L I D AT E D   I N C O M E   S TAT E M E N T Unaudited Unaudited Audited 6 months to 6 months to 12 months to (R millions) 31.12.04 31.12.03 30.06.04 Revenue 5 361 4 163 8 424 Earnings before interest, exceptional items, depreciation and amortisation (EBITDA) 329 281 615 Amortisation of goodwill (note 2) – (2) (5) Depreciation (126) (92) (189) Earnings before interest and exceptional items (EBIT) 203 187 421 Exceptional items 51 – (9) Headlease and other discontinued property activities – (2) – Other 51 2 (9) Earnings before interest and taxation 254 187 412 Net interest (expense) income (9) 15 10 Earnings before taxation 245 202 422 Taxation (note 3) (60) (30) (27) Earnings after taxation 185 172 395 Income from associates 68 59 114 Minority shareholders’ interest (9) (2) (25) Earnings attributable to ordinary shareholders 244 229 484 Reconciliation of headline earnings Attributable earnings 244 229 484 Exceptional items as above (51) – 9 Taxation on exceptional items 17 – – Amortisation of goodwill – 2 5 Non-headline portion of income from associate – 3 5 Headline earnings 210 234 503 Reconciliation of weighted average number of shares in issue (’000) Weighted average number of ordinary shares in issue 331 893 331 893 331 893 Less weighted average number of shares held   by The Murray & Roberts Trust (13 640) (13 818) (13 788) Weighted average number of shares in issue used in the determination of basic per share figures 318 253 318 075 318 105 Add: dilutive adjustment for share options 5 018 6 025 6 173 Weighted average number of shares in issue used in   the determination of diluted per share figures 323 271 324 100 324 278 Earnings per share (cents) – Issued 74 69 146 – Diluted 75 71 149 – Basic 77 72 152 Headline earnings per share (cents) – Issued 63 71 152 – Diluted 65 72 155 – Basic 66 74 158 Dividend per ordinary share (cents) 15 15 45 Operating cash flow per share (cents) (32) 28 87