Commentary & highlights
 Financial statements
 Selected return ratios
 Key income statement
 Key balance sheet
 Capital adequacy
 Employees
 Historical review
 Ratings & comparison
 Market share analysis
ROE


Core
(excluding translation (losses)/gains and exceptional items)

2003 2002 2001 2000 1999 
 June Rm Rm Rm Rm Rm 
 Ordinary shareholders' equity 14 827 15 073 12 952 10 833 9 862 
 Minority shareholders' interest 3 272 1 520 649 351  
 Total ordinary shareholders' equity and minority interest
18 099
16 593 13 601 11 184 9 862 
 Average ordinary shareholders' equity and minority interest
19 110 16 161 14 719 10 625 9 497 
 Core earnings 1 530 1 560 1 317 1 103 969 
 Minority income 223 153 82 46  
 Return
1 753
1 713 1 399 1 149 969 
 ROE (%) 18,5 21,4 19,2 21,8 20,6 
           
2002 2001 2000 1999 1998 
 December Rm Rm Rm Rm Rm 
 Ordinary shareholders' equity 19 033 14 830 15 414 9 761 9 131 
 Minority shareholders' interest 1 089 881 424 305
 Total ordinary shareholders' equity and minority interest
20 122
15 711 15 838 10 066 9 131 
 Average ordinary shareholders' equity and minority interest
16 923 15 775 12 952 9 599 8 172 
 Core earnings 3 366 3 093 2 637 2 315 1 827 
 Minority income 333 164 98 21
 Return
3 699
3 257 2 735 2 336 1 827 
 ROE (%) 21,9 20,6 21,1 24,3 22,4 
           
 Headline (including translation (losses)/gains and exceptional items)
2003 2002 2001 2000 1999 
 June Rm Rm Rm Rm Rm 
 Ordinary shareholders' equity 14 827 15 073 12 952 10 833 9 862 
 Minority shareholders' interest 3 272 1 520 649 351  
 Total ordinary shareholders' equity and minority interest
18 099
16 593 13 601 11 184 9 862 
 Average ordinary shareholders' equity and minority interest
19 110 16 161 14 719 10 625 9 497 
 Headline earnings 661 1 524 1 485 1 231 969 
 Minority income 223 153 82 46  
 Return 884 1 677 1 567 1 277 969 
 ROE (%) 9,3 20,9 21,5 24,2 20,6 
           
2002 2001 2000 1999  1998 
 December Rm Rm Rm Rm Rm 
 Ordinary shareholders' equity 19 033 14 830 15 414 9 761 9 131 
 Minority shareholders' interest 1 089 881 424 305  
 Total ordinary shareholders' equity and minority interest
20 122
15 711 15 838 10 066 9 131 
 Average ordinary shareholders' equity and minority interest
16 923 15 775 12 952 9 599 8 172 
 Headline earnings 2 585 3 789 3 012 2 406 1 900 
 Minority income 333 164 98 21  
 Return
2 918
3 953 3 110 2 427 1 900 
 ROE (%) 17,2 25,1 24,0 25,3 23,3 
           
           
This page was updated on 29 July, 2003
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