in headline earnings per share of 17% after excluding a once off income receipt in the comparative year*
in headline earnings per share of 1% after including a once off income receipt in the comparative year*
in revenue to
R19 billion
in gross profit to
R1,3 billion
in EBITDA to
R714 million
Dividend declared to
25 cents
per share

*Once off income receipt amounted to R79,4 million



The comparative year included a once off income receipt of R79,4 million. On exclusion of this income, headline earnings per share increased by 17% to 64,17 cents. This growth was achieved through an increase in gross profit margins from 6,45% to 6,70% on revenue of R19 billion, overhead escalation contained at 3% and the effect of the reduction in issued shares resulting from the repurchase of Microsoft’s 12% shareholding in December 2011.

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The information contained in this document has not been verified independently. No representation or warranty express or implied is made as to and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Opinions and forward looking statements expressed represent those of the Company at the time. Undue reliance should not be placed on such statements and opinions because by nature, they are subjective to known and unknown risk...

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