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
   85   86   87   88   89   90   91   92   93   94   95