30,9 %

Profit from normal operations ( before corporate items ) ( R ’ m )

2022 2021

1 060 810

33,8 %

Cash from operating activities as a percentage of operating profit ( quality of earnings ) (%)

2022 2021

143,4 % 109,6 %

12,5 %

Earnings before interest and tax ( EBIT ) ( R ’ m )

2022 2021

933 829

2,6 %

Operating profit margin (%)

2022 2021

8,3 % 10,9 %

16,6 %

Profit after tax ( R ’ m )

2022 2021

668 573

13,8 %

Operating profit per employee ( R ’ 000 )

2022 2021

182 160

62,9 %

Normalised HEPS ( cents / share )

2022 2021

398,2 244,4

0,5 %

Return on total assets (%)

2022 2021

8,4 % 7,9 %

0,8 %

Return on opening equity (%)

2022 2021

20,5 % 19,7 %

0,2 %

Return on net tangible capital invested (%)

2022 2021

12,0 % 11,8 %