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UNAUDITED INTERIM RESULTS
FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
2023
2023

NORMALISED EARNINGS (NON IFRS MEASURE)


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Unaudited 
six months 
ended 
31 December 
2023 
R'000 
Unaudited 
six months 
ended 
31 December 
2022 
R'000 
Audited 
year ended 
30 June 
2023 
R'000 
Heading earnings  39.6  175 422  125 670  216 408 
Adjusted by:  1 422  10 757  56 344 
— Less rental reversal  (38 242) (41 842) (75 241)
— Right of use assets depreciation  31 949  31 320  65 380 
— Interest on lease liabilities  8 241  7 749  16 964 
— Acquisition-related costs  —  12 200  15 060 
— MMed closure costs  —  —  65 048 
— Tax effect of adjustment  (526) 749  (13 018)
— Non-controlling interest effect of adjustments  —  581  (17 849)
Normalised headline earnings  29.6  176 844  136 427  272 752 
Normalised headline earnings per share (cents)
— Attributable to ordinary shares (cents) (9.4) 21.41  23.63  45.62 
— Fully diluted HEPS (cents) (9.4) 20.91  23.07  43.95