Reviewed Final Results for the year ended 30 June 2009
Segmental Analysis | for the year ended 30 June 2009
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Based on risks and returns the directors consider that the primary reporting format is by business segment. The directors consider that there is only one business segment, being investments.
The following table details GPI’s share of associate income from its various investments. GPI’s prior year earnings attributable from SunWest includes its share of the BEE transaction charge amounting to R43 million.
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| Reviewed | Audited | |
| 30 June 2009 | 30 June 2008 | |
| R'000s | R’000s | |
| Income from associates | 118 191 | 47 052 |
|---|---|---|
| – SunWest | 85 298 | 36 809 |
| – RAH | 28 109 | 5 482 |
| – Thuo WC | 4 566 | 4 738 |
| – Akhona GPI | 218 | 23 |
| ACCOUNTING POLICIES AND BASIS OF PREPARATION | ||
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The financial statements have been prepared on the historical cost basis, except where stated otherwise, and in accordance with International Financial Reporting Standards (IFRS) and are presented in terms of disclosure requirements set out in IAS 34 – Interim Financial Reporting and the Companies Act of South Africa. The GPI group did not early adopt any new amendments or statements during the reported financial year. The accounting policies applied to the consolidated financial information are consistent with those set out in the audited annual financial statements for the year ended 30 June 2008. |
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