SEGMENTAL ANALYSIS
BUSINESS SEGMENT ANALYSIS
| Revenue | Operating | Total | Total | Capital | Capital | Depreciation | ||
| Profit | Assets | Liabilities | Employed | Expenditure | ||||
| Rmillion | ||||||||
| 15 months to 31 March 2010 | ||||||||
| Starch operations | 2 778 | 301 | 1 864 | 562 | 1 302 | 47 | 120 | |
| Agricultural Land Conversion and Development | 274 | 187 | 1 189 | 398 | 806 | 1 | 2 | |
| Sugar | 10 468 | 947 | 9 347 | 1 938 | 399 | |||
| Zimbabwe operations | 1 636 | 576 | ||||||
| Swaziland operations | 134 | 63 | ||||||
| Mozambique operations | 463 | 192 | ||||||
| SA agriculture, milling and refining | 4 285 | 158 | ||||||
| Downstream value added activities | 1 566 | 226 | ||||||
| Centrally accounted and consolidation items | (12) | (153) | 3 954 | (227) | 1 | |||
| 11 136 | 1 691 | 13 368 | 5 861 | 11 228 | 1 987 | 521 | ||
| Capital profit on land | 52 | |||||||
| Capital profit on insurance claim | 13 | |||||||
| BEE equity and corporate restructuring transactions | (35) | 787 | ||||||
| Zimbabwe consolidation take-on gain | 1 969 | |||||||
| Valuation adjustments | (3) | |||||||
| Consolidated total | 11 136 | 3 687 | 13 368 | 6 648 | 11 228 | 1 987 | 521 | |
| 12 months to 31 December 2008 | ||||||||
| Starch operations | 2 150 | 240 | 1 841 | 585 | 1 257 | 85 | 92 | |
| Agricultural Land Conversion and Development | 412 | 263 | 1 260 | 579 | 625 | 3 | 2 | |
| Sugar | 6 432 | 676 | 5 721 | 1 487 | 150 | |||
| Zimbabwe dividends | 35 | |||||||
| Swaziland operations | 137 | 44 | ||||||
| Mozambique operations | 527 | 250 | ||||||
| SA agriculture, milling and refining | 2 424 | 73 | ||||||
| Downstream value added activities | 1 456 | 204 | ||||||
| Centrally accounted and consolidation items | 23 | 24 | 2 896 | (30) | 1 | |||
| 7 106 | 1 132 | 9 557 | 4 736 | 7 573 | 1 576 | 244 | ||
| Capital profit on land | 22 | |||||||
| Capital profit on insurance claim | 49 | |||||||
| BEE equity and corporate restructuring transactions | (33) | 792 | ||||||
| Valuation adjustments | 2 | |||||||
| Consolidated total | 7 106 | 1 172 | 9 557 | 5 528 | 7 573 | 1 576 | 244 | |
GEOGRAPHICAL ANALYSIS OF REVENUE
| 15 months to | 12 months to | |
| 31 March | 31 December | |
| Rmillion | 2010 | 2008 |
| South Africa, Mozambique and Zimbabwe | 8 395 | 6 129 |
| Rest of Africa | 1 195 | 350 |
| Europe | 652 | 226 |
| South America | 445 | |
| Asia and other | 342 | 343 |
| Australasia | 76 | 38 |
| North America | 31 | 20 |
| 11 136 | 7 106 |
The aggregate effect of intra-group transactions is immaterial.
Geographical location of segment assets: South Africa R5 052 million; Other countries R8 316 million (2008 - South Africa R6 064 million; Other countries R3 493 million).
Expenditure on property plant and equipment by geographical location of assets:
South Africa R512 million; Other countries R1 475 million (2008 - South Africa R462 million; Other countries R1 114 million).
