Mondi Limited

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Notes to the financial statements and consolidated financial statements continued for the year ended 31 December 2010 7 Earnings per share R cents per share 2010 2009 Profit/(loss) for the financial year attributable to equity holders of the parent company Basic EPS 247.6 (51.8) Diluted EPS 247.6 (51.8) 3 Underlying earnings for the financial year 1 Basic EPS 291.8 34.7 Diluted EPS 291.8 34.4 Headline earnings/(loss) for the financial year 2 Basic EPS 266.0 (3.4) Diluted EPS 266.0 (3.4) 3 Notes: 1 Underlying EPS excludes the impact of special items. 2 The presentation of headline EPS is mandated under the JSE Listings Requirements. Headline earnings has been calculated in accordance with Circular 3/2009, ‘Headline Earnings’, as issued by the South African Institute of Chartered Accountants. 3 Diluted EPS is consistent with basic EPS as the impact of potential ordinary shares is anti-dilutive. The calculation of basic and diluted EPS, basic and diluted underlying EPS, and basic and diluted headline EPS is based on the following data: Group Earnings R million 2010 2009 Profit/(loss) for the financial year attributable to equity holders of the parent company 364 (76) Special items (see note 4) 104 171 Related tax (see note 4) (38) (60) Related non-controlling interests (see note 4) (1) 16 Underlying earnings for the financial year 429 51 Loss/(profit) on disposal of tangible and intangible assets (see note 3) 2 (53) Special items: demerger arrangements (see note 4) – (1) Special items: restructuring and closure costs (see note 4) (56) (31) Impairments not included in special items (see note 10) – 5 Related tax 16 24 Headline earnings/(loss) for the financial year 391 (5) Number of shares million 2010 2009 Basic number of ordinary shares outstanding 1 147 147 Effect of dilutive potential ordinary shares 2 – 1 Diluted number of ordinary shares outstanding 147 148 Notes: 1 The basic number of ordinary shares outstanding represents the weighted average number in issue for the Company for the year, as adjusted for the weighted average number of treasury shares held during the year. 2 Diluted EPS is calculated by adjusting the weighted average number of ordinary shares in issue, net of treasury shares, on the assumption of conversion of all potentially dilutive ordinary shares. 40 Annual report and accounts 2010
8 Dividends Dividends paid to the equity holders of the Company are presented below: Group Company R million 2010 2009 2010 2009 Interim dividend paid 49 42 49 42 Final dividend paid (in respect of prior year) 108 93 108 93 Final dividend proposed for the year ended 31 December 1 237 108 237 108 Paid to non-controlling interests 7 4 – – Note: 1 The dividend proposed is subject to approval by shareholders at the annual general meeting of Mondi Limited scheduled for 5 May 2011 and therefore this dividend and the related STC have not been included as a liability in the Group’s consolidated statement of financial position and in the Company’s statement of financial position. Company R cents per share 2010 2009 Interim dividend paid 33.4 28.4 Final dividend paid (in respect of prior year) 73.5 63.3 Final dividend proposed for the year ended 31 December 161.3 73.5 9 Intangible assets Group 1 Licences and 2010/R million Goodwill other intangibles 2 Total Cost At 1 January 580 211 791 At 31 December 580 211 791 Accumulated amortisation and impairment At 1 January – 102 102 Charge for the year – 40 40 At 31 December – 142 142 Net book value as at 31 December 580 69 649 Notes: 1 There are no intangible assets in the Company. 2 Licences and other intangibles mainly relate to software development costs, and customer relationships and contractual arrangements capitalised as a result of business combinations. Mondi Limited 41
Page 1 and 2: Mondi Limited Annual report and acc
Page 3 and 4: Contents 2 Corporate governance sta
Page 5 and 6: Appointments to the Boards are subj
Page 7 and 8: DLC executive committee The DLC exe
Page 9 and 10: position in its chosen markets. Wor
Page 11 and 12: Pension contributions in respect of
Page 13 and 14: Share Incentive Plan Details of sha
Page 15 and 16: Independent auditors’ report to t
Page 17 and 18: Statements of comprehensive income
Page 19 and 20: Statements of cash flows for the ye
Page 21 and 22: Company Mondi Mondi Total attributa
Page 23 and 24: 1 Accounting policies (continued) J
Page 25 and 26: 1 Accounting policies (continued) I
Page 27 and 28: 1 Accounting policies (continued) D
Page 29 and 30: 1 Accounting policies (continued) B
Page 31 and 32: 1 Accounting policies (continued) N
Page 33 and 34: 1 Accounting policies (continued) F
Page 35 and 36: 2 Operating segments (continued) Ex
Page 37 and 38: 2 Operating segments (continued) No
Page 39 and 40: 4 Special items Group Company R mil
Page 41: 6 Tax charge (continued) (b) Factor
Page 45 and 46: 9 Intangible assets (continued) Car
Page 47 and 48: 10 Property, plant and equipment (c
Page 49 and 50: 12 Investments in subsidiaries Comp
Page 51 and 52: 14 Investments in joint ventures (c
Page 53 and 54: 16 Inventories Group Company R mill
Page 55 and 56: 17 Trade and other receivables (con
Page 57 and 58: 19 Borrowings (continued) The fair
Page 59 and 60: 21 Provisions Group Company R milli
Page 61 and 62: 22 Deferred tax (continued) The cur
Page 63 and 64: 23 Retirement benefits (continued)
Page 69 and 70: 26 Share capital and share premium
Page 71 and 72: 28 Business combinations To 31 Dece
Page 73 and 74: 31 Cash flow analysis (continued) (
Page 75 and 76: 36 Financial risk management The Gr
Page 77 and 78: 36 Financial risk management (conti
Page 79 and 80: 36 Financial risk management (conti
Page 81 and 82: 37 Related party transactions (cont
Page 83 and 84: Shareholders’ information Shareho

Mondi Limited

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