Group financial highlights
Record annual revenue
11% to R128,7 billion
11% to R128,7 billion
Operating profit
6% to
R6,4 billion
6% to
R6,4 billion
EPS
38% to
1 681 cents
per share
38% to
1 681 cents
per share
HEPS
27% to
1 570 cents
per share
27% to
1 570 cents
per share
Free cash
(post-maintenance
capital expenditure)
17% to
R5,0 billion
(2017: R4,3 billion)
(post-maintenance
capital expenditure)
17% to
R5,0 billion
(2017: R4,3 billion)
Free cash
conversion
ratio of
1,6 times
in line with 2017
conversion
ratio of
1,6 times
in line with 2017
Net debt to equity ratio (including preference shares as debt) improved significantly to
50%
from 74% in June 2017 and 84% in December 2017
50%
from 74% in June 2017 and 84% in December 2017
Return on equity
15,0%
(2017: 12,7%)
15,0%
(2017: 12,7%)
Return on invested capital
12,9%
(2017: 11,3%)
12,9%
(2017: 11,3%)
Weighted average cost of capital
9,7%
(2017: 9,0%)
9,7%
(2017: 9,0%)
Full-year dividend
9% to 710 cents
per share; 45% of HEPS
(2017: 650 cents per share)
9% to 710 cents
per share; 45% of HEPS
(2017: 650 cents per share)
Note: ROE, ROIC and WACC are calculated on a rolling 12-month basis, excluding Regent. Total EPS and HEPS excluding Regent in the prior year.
