Financial highlights

at

      Reviewed   Reviewed   Audited  
    30 Jun   30 Jun   31 Dec  
    2010   2009   2009  
Statistics                
Number of shares listed m   512,6   490,2   498,7  
Number of shares in issue, excluding shares held by group entities m   445,8   428,3   435,7  
Weighted average number of shares m   440,7   413,9   423,4  
Diluted weighted average number of shares m   453,7   419,3   435,1  
Headline earnings per share cents   489   480   1 010  
Diluted headline earnings per share cents   475   474   983  
Ordinary dividends declared per share cents   212   210   440  
  – Interim cents   212   210   210  
  – Final cents           230  
Ordinary dividends paid per share cents   230   310   520  
Dividend cover times   2,31   2,29   2,30  
Net asset value per share cents   9 397   8 762   9 100  
Tangible net asset value per share cents   7 732   7 049   7 398  
Closing share price cents   12 000   9 805   12 405  
Price/earnings ratio historical   12   10   12  
Market capitalisation Rbn   61,5   48,1   61,9  
Number of employees     26 924   27 381   27 037  
Key ratios (%)                
ROE*     10,7   11,6   11,8  
ROE, excluding goodwill*     12,2   13,1   13,4  
ROA*     0,75   0,71   0,76  
Net interest income to average interest-earning banking assets     3,34   3,44   3,39  
Non-interest revenue to total income     43,2   39,6   42,2  
Credit loss ratio – banking advances*     1,46   1,60   1,52  
Non-interest revenue to total operating expenses     78,2   75,5   78,8  
Efficiency ratio     55,3   52,5   53,5  
Effective taxation rate     19,9   22,2   20,2  
Group capital adequacy ratios: Basel II (including unappropriated profits)                
  – Core Tier 1     9,9   8,6   9,9  
  – Tier 1     11,5   10,0   11,5  
  – Total     14,8   13,2   14,9  
Statement of financial position statistics (Rm)                
Total equity attributable to equity holders of the parent     41 893   37 529   39 649  
Total equity     45 572   42 498   44 984  
Amounts owed to depositors     480 418   460 358   469 355  
Loans and advances     461 303   431 953   450 301  
  – Gross     472 292   441 095   460 099  
  – Impairment of loans and advances     (10 989)   (9 142)   (9 798)  
Total assets     590 847   557 318   570 703  
   
*    Certain of the group’s reporting ratio calculations have been adjusted. The ratios for ROE and ROA have been restated with the denominator changing from simple average to daily average for equity and total asset values respectively. The calculation of the credit loss ratio has been changed from simple average advances to daily banking advances (thereby excluding trading advances from the calculation). Comparatives have been restated accordingly.