Page 90 - SHB 2020 Issue 1
P. 90
JSE – AFR Profile’s Stock Exchange Handbook: 2020 – Issue 1
African Rainbow Minerals Ltd. PER SHARE STATISTICS (cents per share)
EPS (ZARc) 1 848.00 2 393.00 723.00 - 265.00 48.00
AFR
HEPS-C (ZARc) 2 718.00 2 529.00 1 791.00 663.00 803.00
Pct chng p.a. 7.5 41.2 170.1 - 17.4 - 57.7
Tr 5yr av grwth % 28.7 29.1 22.4 - 11.3 11.5
DPS (ZARc) 1 300.00 1 000.00 650.00 225.00 350.00
Pct chng p.a. 30.0 53.8 188.9 - 35.7 - 41.7
Tr 5yr av grwth % 39.1 36.6 27.3 - 9.4 22.8
NAV PS (ZARc) 12 690.00 11 792.00 10 744.00 10 925.00 11 733.00
3 Yr Beta 1.40 0.89 0.92 0.78 1.76
ISIN: ZAE000054045 SHORT: ARM CODE: ARI Price High 18 799 14 097 12 690 11 600 20 301
REG NO: 1933/004580/06 FOUNDED: 1933 LISTED: 1988 Price Low 10 680 7 801 6 726 3 481 8 135
Price Prd End 18 217 10 910 8 431 9 200 8 273
NATURE OF BUSINESS: RATIOS
African Rainbow Minerals (ARM) is a leading South African Ret on SH Fnd 12.98 17.61 5.96 - 3.08 0.27
di ver si fied mining and minerals company with long-life, low Ret On Tot Ass 2.92 6.28 0.65 4.09 6.48
unit cost op er a tions. Oper Pft Mgn 8.17 18.77 2.37 7.24 11.23
ARM mines and beneficiates iron ore, manganese ore, D:E 0.17 0.19 0.22 0.33 0.24
Int Cover n/a 28.30 6.25 12.08 11.55
chrome, platinum group metals, copper, nickel and coal. ARM Current Ratio 2.45 2.62 1.57 1.23 1.75
also produces manganese alloy and has an in vest ment in gold Div Cover 1.42 2.39 1.11 - 1.18 0.14
through its shareholding in Harmony. NUMBER OF EMPLOYEES: 25 456
ARM’s strategy is focused on quality growth within its DIRECTORS: Arnold M (ne, UK), Boardman T A
portfolio of assets and ensuring that all ARM’s op er a tions are (ind ne), Botha A D (ind ne), Mkatshana H L,
po si tioned below the 50th per cen tile of each com mod ity’s Noko D (ind ne), Simelane Dr R V (ind ne),
Steenkamp J C (ne), Schmidt M P (CEO),
global cost curve. This is achieved, in con junc tion with ARM’s Mukhuba A (CFO), Motsepe P T (Exec Chair),
joint venture partners, through volume growth and con tin u - Wilkens A J, Abbott F (ind ne),
ous im prove ment in op er a tional ef fi cien cies. ARM also con - Bakane-Tuoane Dr M M (ind ne), Chissano J A
tin u ously assesses ac qui si tion and part ner ship op por tu ni ties. (ind ne, Moz), Gule W M (ind ne),
Scan the QR code to Maditsi A K (ld ind ne), Swanepoel B Z (ind ne)
ARM is organised into four Divisions: visit our website POSTAL ADDRESS: PO Box 786136,
*ARM Platinum - The ARM Platinum division comprises Sandton, 2146
three operating mines, Modikwa and Two Rivers Platinum EMAIL: ir.admin@arm.co.za
mines and Nkomati Nickel Mine. It has an effective 41.5% WEBSITE: www.arm.co.za
interest in Modikwa where local com mu ni ties hold an 8.5% TELE PHONE: 011-779-1300 FAX: 011-779-1312
COMPANY SECRETARY: Alyson D’Oyley
effective interest. The remaining 50% is held by Anglo TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
American Platinum. Two Rivers is a joint venture with Impala SPONSOR: Investec Bank Ltd.
Platinum Holdings (Implats), with ARM holding 54% . AUDITORS: Deloitte, Ernst & Young Inc.
Nkomati is a 50:50 part ner ship with Norilsk Nickel Africa. BANKERS: ABSA Bank Ltd., FirstRand Bank Ltd., Nedbank Ltd., Standard
ARM Platinum also has an interest in two joint ventures with Bank of South Africa Ltd.
SEGMENTAL REPORTING as at 30 Jun 18 (as a % of Liabilities)
Platinum Australia (PLA), the Kalplats Platinum Project and Ferrous 26.54%
the Kalplats Extended Area Project. Platinum 26.50%
*ARM Ferrous - The ARM Ferrous op er a tions, held through Corporate 26.48%
its 50% in vest ment in Assmang, consist of three divisions: Coal 20.48%
iron ore, manganese and chrome. Assore Ltd., ARM’s partner
CALENDAR Expected Status
in Assmang, owns the remaining 50%. Annual General Meeting 29 Nov 2019 Con firmed
*ARM Coal - ARM’s economic interest in the Par tic i pat ing
Coal Business (PCB) is 20.2%. PCB consists of two large Next Interim Results Mar 2020 Un con firmed
mining complexes situated in Mpumalanga. ARM has a 26% Next Final Results Aug 2020 Un con firmed
effective interest in the Goedgevonden Mine situated near
CAPITAL STRUCTURE AUTHORISED ISSUED
Ogies in Mpumalanga. ARI Ords 5c ea 500 000 000 222 008 324
*ARM Copper - The disposal of ARM’s 40% effective interest
in the Lubambe Copper Mine was completed on 22 December DISTRIBUTIONS [ZARc] Ldt Pay Amt
Ords 5c ea
2017. Final No 121 23 Sep 19 30 Sep 19 900.00
*Harmony - ARM owns 14.6% of Harmony’s issued share capital. Interim No 120 2 Apr 19 8 Apr 19 400.00
SECTOR: Basic Materials—Basic Resrcs—Mining—Gen Mining Final No 119 25 Sep 18 1 Oct 18 750.00
MAJOR ORDINARY SHAREHOLDERS as at 15 Oct 2019 Interim No 118 10 Apr 18 16 Apr 18 250.00
African Rainbow Minerals & Exploration Investments 40.10% LIQUIDITY: Nov19 Ave 3m shares p.w., R391.6m(59.9% p.a.)
ARM Broad-Based Economic Empowerment Trust 7.24%
Government Employees Pension Fund (PIC) 6.18% MINI 40 Week MA ARM
FINANCIAL STATISTICS 26787
(R million) Jun 19 Jun 18 Jun 17 Jun 16 Jun 15
Final Final(rst) Final Final Final 22157
Turnover 9 596 9 112 9 019 9 019 9 263
17528
Op Inc 784 1 710 214 653 1 040
IntPd - 25 183 185 153 58 12899
Tax 242 573 - 409 - 10 353
Minority Int 300 260 60 - 192 - 31 8269
Att Inc 3 554 4 562 1 372 - 565 104
TotCompIncLoss 4 014 4 274 - 50 1 278 - 95 2014 | 2015 | 2016 | 2017 | 2018 | 2019 3640
Hline Erngs-CO 5 226 4 820 3 399 1 412 1 744
Fixed Ass 7 062 7 916 7 801 10 966 12 218 Recent Announcements
Inv in Assoc 18 539 17 302 16 194 15 776 15 457 Monday, 28 October 2019: Shareholders are advised that the
Inv & Loans 2 648 1 561 1 573 3 521 1 178 company’s 2019 in te grated annual report (which includes the
Def Tax Asset 485 620 656 151 565
Tot Curr Ass 8 085 6 324 5 858 4 536 5 667 notice of annual general meeting) and the 2019 annual financial
Ord SH Int 28 173 25 907 23 497 23 819 25 519 state ments were dis trib uted to share hold ers on Monday, 28
Non-Cont Int 1 530 1 471 543 762 1 386 October 2019.
LT Liab 4 211 4 513 4 465 6 850 5 137
Tot Curr Liab 3 302 2 414 3 741 3 696 3 241
86