SUMMARISED CONSOLIDATED INCOME STATEMENT Restated              Restated R millions

31.12.05

31.12.04

30.6.05

Revenue

5 528

5 089

10

Earnings before interest, exceptional items, depreciation and amortisation (EBITDA)

416

311

772

Depreciation

(111)

(109)

(221)

Amortisation of intangible assets

(4)

(1)

(2)

Earnings before interest and exceptional items (EBIT)

301

201

549

Exceptional items

(96)

90

75

Headlease and other property activities

–

7

11

Broad-based black economic empowerment (BBBEE) expense

(95)

–

–

Other

(1)

83

64

Earnings before interest and taxation

205

291

624

Net interest income (expense)

21

(5)

Earnings before taxation

226

286

624

Taxation

(58)

(64)

(152)

Earnings after taxation

168

222

472

(Loss) income from associates

(13)

68

77

Earnings from continuing operations

155

290

549

Earnings from discontinued operations (notes 2.4 and 3)

14

(27)

(49)

Attributable earnings for the period

169

263

500

Attributable to: Minority interest

21

9

30

Ordinary shareholders

148

254

470

169

263

500

Reconciliation of headline earnings Attributable earnings to ordinary shareholders

148

254

470

Non-headline exceptional items

1

(90)

(75)

(Profit) loss on disposal of discontinued operations

(18)

28

53

Taxation on above adjustments 4

17

16

Non-headline portion of income from associate

–

–

3

Headline earnings

135

209

467

Reconciliation of weighted average number of shares in issue (000) Weighted average number of ordinary shares in issue

331 893

331 893

331

Less: weighted average number of shares held by The Murray & Roberts Trust

(13 455)

(13 640)

(13)

Less: weighted average number of shares held by the Letsema BBBEE trusts

(1 840)

–

–

Weighted average number of shares used for basic per share figures

316 598

318 253

318

Add: dilutive adjustment for share options

5 864

5 018

4

Weighted average number of shares used for diluted per share gures

322 462

323 271

322

Earnings per share (cents) Diluted

46

79

146

Basic

47

80

148

Earnings per share from continuing operations (cents) Diluted

42

87

161

Basic

42

88

163

Headline earnings per share (cents) Diluted

42

65

145

Basic

43

66

147

Total dividend per ordinary share (cents)

20

15

45

Operating cash ow per share (cents)

(32)

201

Reconciliation of headline earnings excluding BBBEE expense Headline earnings as above

135

209

467

BBBEE expense

95

–

–

Taxation effect on BBBEE expense

(22)

–

–

Headline earnings excluding BBBEE expense

208

209

467

Headline earnings per share excluding BBBEE expense (cents) Diluted

65

65

145

Basic

66

66

147