UNAUDITED INTERIM RESULTS
FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
Disaggregation of revenue from contracts with customers:
In the following table, revenue from contracts with customers is disaggregated by primary geographical market, major products and service lines and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the Group reportable segments.
| Administration fees | Health risk management fees – medical aid schemes |
Management fees | Healthcare insurance | IT revenue and other |
Retail | Health risk management fees – Capitation funds | Marketing fees |
Group total |
|
| R'000 | R'000 | R'000 | R'000 | R'000 | R'000 | R'000 | R'000 | R'000 | |
| 31 DECEMBER 2023 | |||||||||
| Primary geographical markets | |||||||||
| South Africa | 814 656 | 860 056 | 5 684 | 24 030 | 325 848 | 1 313 467 | 831 306 | 79 829 | 4 254 876 |
| Outside of South Africa | 108 985 | 9 911 | 925 | — | 9 689 | — | — | — | 129 510 |
| 923 641 | 869 967 | 6 609 | 24 030 | 335 537 | 1 313 467 | 831 306 | 79 829 | 4 384 386 | |
| Major product/service line | |||||||||
| Admin health | 923 641 | — | — | — | 335 537 | — | — | 79 829 | 1 339 007 |
| Retail (Pharma) | — | — | — | — | — | 1 313 467 | — | — | 1 313 467 |
| Managed healthcare | — | 869 967 | 6 609 | 24 030 | — | — | 831 306 | — | 1 731 912 |
| 923 641 | 869 967 | 6 609 | 24 030 | 335 537 | 1 313 467 | 831 306 | 79 829 | 4 384 386 | |
| Timing of revenue recognition | |||||||||
| Products transferred at a point in time | — | — | — | — | — | 1 313 467 | — | — | 1 313 467 |
| Products and services transferred over time | 923 641 | 869 967 | 6 609 | 24 030 | 335 537 | — | 831 306 | 79 829 | 3 070 919 |
| 923 641 | 869 967 | 6 609 | 24 030 | 335 537 | 1 313 467 | 831 306 | 79 829 | 4 384 386 | |
| 31 DECEMBER 2022 | |||||||||
| Primary geographical markets | |||||||||
| South Africa | 769 449 | 702 934 | 899 | 21 732 | 300 347 | 1 300 848 | 1 037 016 | 76 497 | 4 209 722 |
| Outside of South Africa | 94 845 | 8 737 | 872 | — | 7 969 | — | — | — | 112 423 |
| 864 294 | 711 671 | 1 771 | 21 732 | 308 316 | 1 300 848 | 1 037 016 | 76 497 | 4 322 145 | |
| Major product/service line | |||||||||
| Admin health | 864 294 | — | — | — | 308 316 | — | — | 76 497 | 1 249 107 |
| Retail (Pharma) | — | — | — | — | — | 1 300 848 | — | — | 1 300 848 |
| Managed healthcare | — | 711 671 | 1 771 | 21 732 | — | — | 1 037 016 | — | 1 772 190 |
| 864 294 | 711 671 | 1 771 | 21 732 | 308 316 | 1 300 848 | 1 037 016 | 76 497 | 4 322 145 | |
| Timing of revenue recognition | |||||||||
| Products transferred at a point in time | — | — | — | — | — | 1 300 848 | — | — | 1 300 848 |
| Products and services transferred over time | 864 294 | 711 671 | 1 771 | 21 732 | 308 316 | — | 1 037 016 | 76 497 | 3 021 297 |
| 864 294 | 711 671 | 1 771 | 21 732 | 308 316 | 1 300 848 | 1 037 016 | 76 497 | 4 322 145 | |
| 30 JUNE 2023 | |||||||||
| Primary geographical markets | |||||||||
| South Africa | 1 580 740 | 1 586 834 | 12 884 | 48 323 | 630 716 | 2 773 070 | 1 856 374 | 144 255 | 8 633 196 |
| Outside of South Africa | 197 868 | 17 611 | 1 780 | — | 17 577 | — | — | — | 234 836 |
| 1 778 608 | 1 604 445 | 14 664 | 48 323 | 648 293 | 2 773 070 | 1 856 374 | 144 255 | 8 868 032 | |
| Major product/service line | |||||||||
| Admin health | 1 778 608 | — | — | — | 648 293 | — | — | 144 255 | 2 571 156 |
| Retail (Pharma) | — | — | — | — | — | 2 773 070 | — | — | 2 773 070 |
| Managed healthcare | — | 1 604 445 | 14 664 | 48 323 | — | — | 1 856 374 | — | 3 523 806 |
| 1 778 608 | 1 604 445 | 14 664 | 48 323 | 648 293 | 2 773 070 | 1 856 374 | 144 255 | 8 868 032 | |
| Timing of revenue recognition | |||||||||
| Products transferred at a point in time | — | — | — | — | — | 2 773 070 | — | — | 2 773 070 |
| Products and services transferred over time | 1 778 608 | 1 604 445 | 14 664 | 48 323 | 648 293 | — | 1 856 374 | 144 255 | 6 094 962 |
| 1 778 608 | 1 604 445 | 14 664 | 48 323 | 648 293 | 2 773 070 | 1 856 374 | 144 255 | 8 868 032 | |