R28.9 billionRevenue, up 12%
R7.8 billionCash generated by operations, up 47%
R7.2 billionEBITDA, up 22%
R12.43 per shareFinal dividend
R6.4 billionEquity-accounted income, up 37%
R5.43 per shareSpecial dividend
Group revenue increased by 12% to R28 924 million (2019: R25 726 million), mainly due to higher commercial coal revenue and record coal export volumes as well as the inclusion of renewable energy sales from 1 April 2020.
Earnings decreased by 26% to R7 283 million (2019: R9 809 million) or 2 902 cps (2019: 3 908 cps). The decrease in earnings was mainly due to the BEE Parties sharing in the consolidated Eyesizwe results for 12 months in 2020, compared to two months in 2019, partially offset by better profitability from controlled operations and higher equity-accounted income from non-controlled operations.
Other contributing factors for the lower earnings were:
partially offset by: