AfroCentric Group

HIGHLIGHTS

• COMMENTARY

  INTRODUCTION
  The Board is pleased to present the interim results of the AfroCentric Group for the six months ended 31 December 2016. Reference to the commentary for the previous corresponding reporting period, will reveal the number of determining corporate actions at that time, including new clients taken on during that reporting period. The Board is therefore pleased to record, that each of those events, has not only contributed towards the Group’s overall profitability in this period, but has almost enabled the Group, within a year, to exceed the dilution in earnings impact, arising on the subscription by Sanlam for 28.7% (“the Sanlam subscription”) of the shares in ACT Healthcare Assets (Pty) Ltd (“AHA”) and the WAD acquisition through the issue of AfroCentric shares...
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• FINANCIALS

  • Summarised consolidated statement of financial position
  • Summarised consolidated statement of comprehensive income
  • Earnings attributable to equity holders
  • Summarised consolidated statement of cash flows
  • Summarised consolidated statement of changes in equity
  • Segmental analysis

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