Interim Results
2002年7月29日 - 11:12PM
ＲＮＳを含む英国規制内ニュース （英語）
RNS Number:2385Z
Griqualand West Diamond Mng Co Ld
29 July 2002
GRIQUALAND WEST DIAMOND MINING COMPANY DUTOITSPAN MINE LIMITED
Incorporated in the Republic of South Africa
Company Registration No. 1880/000013/06
INTERIM REPORT FOR THE HALF-YEAR ENDED 30 JUNE 2002
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INCOME STATEMENT
For the half-year ended 30 June 2002
Abridged and unaudited
Half-year Half-year Year
June June Dec
2002 2001 2001
R R R
Amount received from holding company in terms of 42 280 42 280 84 560
working agreement
Dividend and interest income 3 720 3 052 6 057
Surplus on disposal of investment in holding company - 7 344 7 344
46 000 52 676 97 961
Deduct:
Expenses 600 600 4 350
Net income before taxation 45 400 52 076 93 611
Deduct:
Taxation 16 372 16 099 31 451
Attributable earnings 29 028 35 977 62 160
Deduct:
Surplus on disposal of investment in holding company - 7 344 7 344
Headline earnings 29 028 28 633 54 816
Number of shares in issue 105 700 105 700 105 700
Earnings per share
Attributable 27,5c 34,0c 58,8c
Headline 27,5c 27,1c 59,9c
Dividends per share
Interim 20,5c 20,5c 20,5c
Final - - 21,0c
20,5c 20,5c 41,5c
Dividends payable R21 669 R21 669 R43 865
BALANCE SHEET
30 June 2002
Abridged and unaudited
Half-year Half-year Year
June June Dec
2002 2001 2001
R R R
Capital employed
Share capital
105 700 shares of R20 each 2 114 000 2 114 000 2 114 000
Distributable reserves 70 315 58 968 62 955
2 184 315 2 172 968 2 176 955
Represented by
Fixed assets 2 111 722 2 111 722 2 111 722
Net current assets 72 593 61 246 65 233
Current assets 131 609 116 587 125 021
Amount due by holding company 112 837 101 484 105 508
Cash 18 772 15 103 19 513
Current liabilities 59 016 55 341 59 788
Shareholders for unpaid and unclaimed dividends 46 104 42 099 47 038
Creditors 9 617 10 333 10 106
Tax 3 295 2 909 2 644
2 184 315 2 172 968 2 176 955
The Company holds the right to mine the Dutoitspan diamond mine which it leases
to De Beers Consolidated Mines Limited, in terms of an agreement dated 30 August
1889, for an annual consideration of R84 560 and it is anticipated that the
results for the second half of the year will be approximately the same as for
the first half.
CANCELLATION OF LONDON STOCK EXCHANGE LISTING
In a letter dated 2 July 2002 shareholders were informed of the board's decision
to arrange for the cancellation of the listing of the Company's shares on the
Official List of the UK Listing Authority with effect from Friday, 2 August
2002. After that date trading of the Company's shares on the London Stock
Exchange will no longer be possible.
Following cancellation of the listing of the Company's shares, the United
Kingdom section of the share register will be closed and the names and addresses
contained therein will in future be administered from the principal share
register maintained by the Company at its registered office in South Africa,
details of which are included below. However, arrangements have been made to
ensure that those shareholders with registered addresses in Europe (including
the United Kingdom), or who have mandated dividend payments to addresses in
Europe (including the United Kingdom), will continue to receive payment of their
dividends in United Kingdom currency and that any existing dividend mandates
remain in place.
For and on behalf of the board
N.F. OPPENHEIMER
G.M. RALFE
Directors
29 July 2002
Registered Office
36 Stockdale Street, Kimberley 8301, South Africa
Secretaries and South African Share Transfer Secretaries
De Beers Consolidated Mines Limited
36 Stockdale Street, Kimberley 8301, South Africa
(P.O. Box 616, Kimberley 8300)
Telephone: +27(0)53 839 4111
Facsimile: +27(0)53 839 4210
London Secretary
J.C. Greensmith
17 Charterhouse Street, London EC1N 6RA, England
Telephone: +44(0)20 7430 3550
Facsimile: +44(0)20 7430 3570
United Kingdom Registrar (until 2 August 2002)
Computershare Investor Services PLC
P.O. Box 82, The Pavilions, Bridgwater Road, Bristol BS99 7NH, England
Telephone: +44 (0) 870 702 0000
Facsimile: +44 (0) 870 703 6116
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This information is provided by RNS
The company news service from the London Stock Exchange
