ANNUAL RESULTS
FOR THE YEAR ENDED 30 JUNE 2023
| % change |
Year ended 30 June 2023 R'000 |
Restated* Year ended 30 June 2022 R'000 |
|
| Number of ordinary shares in issue | 43.1 | 825 052 711 | 576 711 257 |
|---|---|---|---|
| Weighted average number of ordinary shares | 597 825 403 | 575 878 754 | |
| Weighted average number of shares for diluted EPS | 620 633 732 | 595 728 754 | |
| Basic earnings | |||
| — From continuing operations | 182 673 | 319 741 | |
| — From discontinued operations | — | (6 937) | |
| Total basic earnings | (41.6) | 182 673 | 312 804 |
| Adjusted by: | 33 735 | 2 863 | |
| — Reversal of loss on disposal of subsidiary | 198 | — | |
| — Reversal of fair value losses on investment property | 1 750 | 134 | |
| — Reversal of loss on disposal of tangible assets | 3 338 | 4 550 | |
| — Reversal of scrapping of intangible assets | 5 415 | 635 | |
| — Reversal of impairment of property and equipment | 25 000 | — | |
| — Total tax adjustments | (1 374) | (1 304) | |
| — Total non-controlling interest adjustments | (592) | (1 152) | |
| Headline earnings | (31.4) | 216 408 | 315 667 |
| Earnings per share (cents) | |||
| Attributable to ordinary shares (cents) | (43.7) | 30.56 | 54.32 |
| — Continuing operations | 30.56 | 55.52 | |
| — Discontinued operations | — | (1.20) | |
| Fully diluted EPS (cents) | (43.9) | 29.43 | 52.51 |
| — Continuing operations | 29.43 | 53.67 | |
| — Discontinued operations | — | (1.16) | |
| Headline earnings per share (cents) | |||
| — Attributable to ordinary shares (cents) | (34.0) | 36.20 | 54.81 |
| — Fully diluted HEPS (cents) | (34.2) | 34.87 | 52.99 |
| * | Refer to Note 5 for details of the restatement. |