Ann: Half Year Accounts, page-11

Thanks eshmun.

You need to be careful though because the P&L I presented is for the consolidated entity. I probably made things a little unclear when I used the heading "Profit attributable to Rand". What this is, is the 56% of Rand's profit that TBR is not entitled to. ie as a 44% owner of Rand they are only entitled to 44% of the profit, and therefore 56% is reversed out . In the accounts it is described as "Non-controlling interest".

So the 33c per TBR share includes an element representing TBR's ownership interest in RND.

Apologies for the confusion.