Blue Label Telecoms Integrated Annual Report 2019

Highlights 4 Blue Label integrated annual report 2019 Below is a snapshot overview of Blue Label’s financial performance for the year ending 31 May 2019. Revenue of R25.9 billion* Increase in gross profit of 16% to R2.65 billion Increase in gross profit margin from 8.54% to 10.23% Core headline loss of 304.77 cents per share** Headline loss of 312.49 cents per share ** On exclusion of negative contributions by Cell C, Oxigen Services India group, fair value downward adjustments and impairments, core headline earnings per share from the balance of the entities within the Blue Label Group equated to 98.98 cents per share * On inclusion of the gross amount generated on “PINless top-ups”, prepaid electricity and ticketing, the effective increase equated to 10% from R52.7 billion to R57.8 billion 22 185 26 328 26 470 26 734 25 869 Revenue (R’million) 30 000 25 000 20 000 15 000 10 000 5 000 0 2015 2016 2017 2018 2019 1 625 1 799 2 129 2 282 2 646 Gross pro t (R’million) 3 000 2 500 2 000 1 500 1 000 500 0 2015 2016 2017 2018 2019