| Notes to the consolidated annual financial statements l Note 20 |
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2014
Rm |
2013
Rm |
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| 20. |
Operating profit |
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Operating profit is arrived at as follows: |
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Revenue |
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62 720 |
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62 101 |
59 498 |
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Less: Net expenses |
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58 725 |
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58 270 |
56 185 |
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Cost of sales |
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49 054 |
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48 775 |
47 324 |
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Other operating costs |
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9 671 |
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9 495 |
8 862 |
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Total continuing operations |
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3 995 |
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3 830 |
3 313 |
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Discontinued operation |
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– Motor retail – Australia |
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86 |
145 |
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Total discontinued operation |
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86 |
145 |
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Total group |
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3 995 |
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3 917 |
3 458 |
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Expenses include the following: |
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Depreciation |
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2 355 |
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2 208 |
1 960 |
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Continuing operations |
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2 355 |
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2 198 |
1 940 |
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Discontinued operation |
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10 |
20 |
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Amortisation of intangibles |
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129 |
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142 |
136 |
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Amortisation of intangible assets in terms of IFRS 3 Business |
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Combinations (included above) |
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38 |
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47 |
50 |
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Amounts removed from equity in respect of effective cash flow hedges |
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Operating lease charges |
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1 156 |
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937 |
897 |
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Land and buildings |
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486 |
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455 |
537 |
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Plant, vehicles and equipment |
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671 |
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482 |
360 |
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Auditors’ remuneration: |
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66 |
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64 |
60 |
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Audit fees |
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61 |
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57 |
54 |
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Fees for other services |
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5 |
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7 |
6 |
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Staff costs (excluding directors’ emoluments) |
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8 909 |
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9 103 |
8 605 |
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Continuing operations |
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8 909 |
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8 877 |
8 140 |
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Discontinued operation |
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226 |
465 |
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Loss on disposal of other plant and equipment |
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42 |
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26 |
12 |
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Amounts recognised in respect of retirement benefit plans (note 16): |
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Defined contribution funds |
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800 |
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677 |
675 |
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Continuing operations |
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800 |
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660 |
642 |
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Discontinued operation |
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17 |
33 |
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Defined benefit funds |
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20 |
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26 |
19 |
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| Notes to the consolidated annual financial statements l Note 20 |
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