Unaudited Interim Financial Report and Cash Dividend Declaration for the 6 months ended 31 March 2016

Additional information

R million (unless otherwise stated)
Audited
2018
Audited
2017
Current ratio (:1) 2,3 2,4
Quick ratio (:1) 1,7 1,8
Dividend yield (%)* 6,5 7,0
Return on capital employed (%) 19,5 19,8
Net number of ordinary shares in issue (million) 161 162
Number of ordinary shares in issue (million) 185 185
Less: Empowerment shares (million) (19) (19)
Less: Treasury shares (million) (5) (4)
Capital expenditure 162 143
> expansion 106 98
> replacement 56 45
Capital commitments in respect of property, plant and equipment 83 39
> contracted 35 20
> authorised not yet contracted 48 19
Commitments in respect of operating leases 252 126
Contingent liabilities**
* Calculated as the total dividend out of 2018 profits (interim 125 cents per share and final 368 cents per share)
(2017:120cents per share and 354 cents respectively) divided by a Reunert share price of 7 600 cents
(2017: 6 772 cents), being the closing market price on 28 September 2018.
** The directors are confident that Reunert Limited and its subsidiaries have no exposure arising from the guarantees and sureties in issue, beyond the liabilities recognised in the summarised consolidated statement of financial position at the financial year end.
Definitions of ratios and other financial terms are incorporated in the Integrated Report.