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Hulamin
Integrated Annual Report 2017
 

SALIENT FEATURES

      2017  2016 
FINANCIAL PERFORMANCE          
Revenue  R million  10 160  10 099  
EBITDA1  R million  754  808  
Operating profit  R million  538  622  
Attributable earnings  R million  332  385  
Headline earnings per share  cents  104  119  
Normalised earnings2  R million  333  380  
Return on capital employed3  7,8  9,2 
Return on equity4  7,7  9,3 
Net borrowings to shareholders’ equity5  6,8  13,3 
Net asset value per share  cents  1 455  1 360  
Current ratio6     3,0  2,9 
Free cash flow7  R million  296  415  
Capital expenditure8  R million  261  328  
Sales volumes:          
Hulamin group sales volume  ’000 tons  233  232 
Rolled Products Business Unit sales volume  ’000 tons  215  214 
ECONOMIC INDICATORS          
Average Rand/US Dollar exchange rate     13,32  14,73 
SHARE STATISTICS          
Total shares in issue  million  319,6  319,6 
Share price (closing) cents  620  535 
Market capitalisation  R billion  1,9  1,7 
EMPLOYEES AND SAFETY          
Total number of employees     2 020  1 932 
Employee cost to turnover  11,3  10,4 
Skills development spending  R million  21,3  38,8 
Lost time injury frequency rate     0,22  0,03 
Total recordable frequency case rate     0,58  0,27 
SOCIAL AND TRANSFORMATION          
B-BBEE expenditure  R billion  2,2  2,2 
CSI spend  R million  2,1  2,1 
Carbon emissions intensity9  MT CO₂e/MT production  1,68  1,76 
Energy consumption intensity10  GJ/MT production  11,54  11,68 
Water consumption intensity  Kℓ/MT production  2,49  2,66 
1 Earnings before interest, taxation, depreciation, amortisation and impairment of property, plant and equipment and intangible assets. 
2 Refer to note 2.2 to the group financial statements.          
3 Net operating profit after taxation (excluding impairment of property, plant and equipment and intangible assets) expressed as a percentage of average capital employed. 
4 Headline earnings expressed as a percentage of average equity.          
5 Current and non-current borrowings less cash, divided by equity. 
6 Current assets divided by current liabilities (excluding borrowings). 
7 Cash flow before financing activities (after interest, before dividends and equity transactions). 
8 Before government grant received. 
9 Using Eskom emission factor.          
10 Consumption of LPG and electricity.