Six-year review

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  Six-year review

 


Notes:
2003 represents an 11 month period for all Group companies other than Westcon, which is included for a 12-month period. Revenue in years 2003 to 2006 has been restated to consider the effect of the change in accounting for the sale of vendor maintenance contracts. Net tangible asset value per share is calculated on net asset value exclusive of intangible assets and capitalised development costs and the number of shares in issue at the end of the financial period. 2005 and 2004 numbers have been restated in accordance with IFRS. Years prior to 2004 are presented under the previously applicable SA GAAP.

Detailed segmental information is set out in Note 33 of the annual financial statements on pages 130 to 133. Return on total assets is calculated utilising operating profit. Return on capital employed is calculated utilising profit before goodwill adjustment/impairment and total shareholders' funds and non-current liabilities. Return on ordinary shareholders' funds is calculated utilising profit before goodwill adjustment/impairment and after net finance costs. Debt includes all long-term liabilities including amounts due to vendors of a long-term nature. The SA Consumer Price Index is sourced from The Standard Bank of South Africa Limited.