Supplementary pro forma information regarding the currency effects of the translation of foreign operations on the group

for the year ended June 30

The pro forma financial information has been compiled for illustrative purposes only and is the responsibility of the board. Due to the nature of this information, it may not fairly present the group’s financial position, changes in equity and results of operations or cash flows. An unmodified reasonable assurance report has been issued by the group’s auditor, PricewaterhouseCoopers Inc. In terms of ISAE 3420 Assurance Engagements to Report on the Compilation of the Pro Forma Information in a Prospectus, and is available for inspection at the company’s registered office. The pro forma information has been compiled in terms of the JSE Listings Requirements and the Revised Guide on Pro Forma Information by SAICA.

The illustrative information, detailed below, has been prepared on the basis of applying the 2019 average rand exchange rates to the 2020 foreign subsidiary income statements and recalculating the reported revenue, trading profit, headline earnings and headline earnings per share of the group for the year ended June 30 2020.

                Illustrative 2020 at 2019
average exchange rates
   
R000 Audited 
2020 
  Audited 
2019 
 
change 
    Pro forma 
2020 
 
change 
   
Continuing operations                                      
Revenue  121 117 480     129 249 988     (6,3)       114 254 759     (11,6)      
Trading profit  4 162 538     6 666 428     (37,6)       3 967 758     (40,5)      
Headline earnings  2 476 081     4 811 528     (48,5)       2 367 758     (50,8)      
Headline earnings per share  (cents) 741,3     1 443,6     (48,6)       708,8     (50,9)      
Constant currency per segment from continuing operations                                     
Revenue                                     
   Australasia  28 986 744     31 145 965     (6,9)       27 885 233     (10,5)      
   United Kingdom  31 462 683     33 327 046     (5,6)       29 263 351     (12,2)      
   Europe  40 199 177     43 663 890     (7,9)       37 718 592     (13,6)      
   Emerging Markets  20 468 876     21 113 087     (3,1)       19 387 583     (8,2)      
   121 117 480     129 249 988     (6,3)       114 254 759     (11,6)      
Trading profit                                     
   Australasia  1 923 857     2 147 000     (10,4)       1 851 202     (13,8)      
   United Kingdom  666 755     1 720 467     (61,2)       620 147     (64,0)      
   Europe  958 081     1 860 482     (48,5)       904 173     (51,4)      
   Emerging Markets  684 729     1 042 323     (34,3)       658 384     (36,8)      
   Corporate office  (70 884)    (103 844)             (66 148)            
   4 162 538     6 666 428     (37,6)       3 967 758     (40,5)