Reports
and results

Industrial [photo] 

FINANCIAL RESULTS

FY2010

Reviewed provisional results for the year ended 31 March 2010
  • Highlights

    • Revenue down 21% to R8,8 billion
    • Profit for the year R58 million (2009: Profit R491 million)
    • Basic earnings per share 112,0 cents (2009: 1 097,1 cents per share)
    • Strong cash generation of R1 billion (2009: R143 million utilised)
    • Planned R1,4 billion investment in second nitric acid complex through equity capital raising and debt

Unaudited results for six months ended 30 September 2009
  • Major features

    • Revenue down 22% to R4.2 billion
    • Operating profit decreased by R647 million to loss of R52 million
    • Loss for the period R 99 million ( 2008: Profit R 373 million)
    • Basic loss per share 218.2 cents (2008: Profit 839.0 cents per share)
    • Distribution and administration costs contained: Administration costs reduced by 6% to R243 million & distribution costs increased by nominal 1% to R272 million
    • Debt: equity ratio of 87% (2008: 81%)