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UNAUDITED INTERIM
RESULTS
for the six months ended
31 December
2022
RE-IMAGINING
THE HEALTHCARE
SYSTEM

NORMALISED EARNINGS (NON IFRS MEASURE)

  
change 
Unaudited 
six months 
ended 
31 December 
2022 
R'000 
Unaudited 
six months 
ended 
31 December 
2021 
R'000 
Audited 
year ended 
30 June 
2022 
R'000 
Heading earnings  (18.7) 125 670  154 503  317 139 
Adjusted by:     10 757  310  7 298 
– Less rental reversal     (41 842) (38 211) (75 805)
– Right of use asset depreciation     31 320  25 284  61 606 
– Interest on lease liability     7 749  8 686  18 781 
– Discontinued operations reversal     –  3 489  6 937 
– Acquisition-related costs     12 200  –  – 
Tax effect of adjustment     749  1 187  (1 283)
Non-controlling interest effect of adjustments     581  (125) (2 938)
Normalised headline earnings  (11.9) 136 427  154 813  324 437 
Normalised headline earnings per share (cents)            
– Attributable to ordinary shares (cents) (12.2) 23.63  26.92  56.34 
– Fully diluted HEPS (cents) (11.2) 23.07  26.00  54.46