Unaudited Interim Group Results for the six months ended 31 March 2022 Netcare Limited ("Netcare", "the Company" or "the Group") Registration number: 1996/008242/06 (Incorporated in the Republic of South Africa) JSE ordinary share code: NTC ISIN: ZAE000011953 JSE preference share code: NTCP ISIN: ZAE000081121 Unaudited Interim Group Results for the six months ended 31 March 2022 - Group EBITDA up 8.1% to R1.6 billion - Adjusted HEPS up 28.9% to 35.2 cents - Interim dividend per share 20.0 cents Summarised Group financial information Unaudited 31 March 31 March % Rm 2022 2021 change Statement of profit or loss Revenue 10 311 10 081 2.3 EBITDA 1 614 1 493 8.1 Operating profit 1 032 915 12.8 Profit for the period 448 375 19.5 Statement of financial position Total assets 25 331 27 036 (6.3) Total liabilities 14 742 16 829 (12.4) Total shareholders' equity 10 589 10 207 3.7 Net debt 5 379 6 072 (11.4) Earnings and dividends per share (cents) Basic earnings per share 30.7 26.3 16.7 Headline earnings per share 31.9 26.6 19.9 Adjusted headline earnings per share 35.2 27.3 28.9 Interim dividend per share 20.0 Nil Declaration of dividend number 23 Notice is hereby given of the declaration of a gross interim dividend of 20.0 cents per ordinary share in respect of the period ended 31 March 2022. The dividend has been declared from income reserves and is payable to shareholders recorded in the register at the close of business on Friday, 8 July 2022. The number of ordinary shares (inclusive of treasury shares) in issue at the date of this declaration is 1 439 090 009. The dividends will be subject to a local dividend withholding tax at a rate of 20%, which will result in a net interim dividend to those shareholders not exempt from paying dividend withholding tax of 16.0 cents per ordinary share and 20.0 cents per ordinary share for those shareholders who are exempt from dividend withholding tax. The Board has confirmed by resolution that the solvency and liquidity test as contemplated by the Companies Act 71 of 2008 has been duly considered, applied and satisfied. The salient dates applicable to the dividend are as follows: Last day to trade cum dividend Tuesday, 5 July 2022 Trading ex-dividend commences Wednesday, 6 July 2022 Record date Friday, 8 July 2022 Payment date Monday, 11 July 2022 Share certificates may not be dematerialised nor rematerialised between Wednesday, 6 July 2022 and Friday, 8 July 2022, both dates inclusive. On Monday, 11 July 2022, the dividends will be electronically transferred to the bank accounts of all certificated shareholders. Holders of dematerialised shares will have their accounts credited at their participant or broker on Monday, 11 July 2022. Netcare Limited's tax reference number is 9999/581/71/4. This short-form announcement is the responsibility of the directors of the Company and is only a summary of the full announcement, which is published on the Company's website on http://www.netcare.co.za/Netcare-Investor-Relations/Reports/Financial-Results, and does not contain complete or full details. Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement. The full announcement can be accessed directly using the following JSE link: https://senspdf.jse.co.za/documents/2022/jse/isse/NTC/ie2022.pdf. The full announcement is also available for inspection at the Company's registered office by investors and/or shareholders at no charge, during normal business hours. 23 May 2022 Registered office: 76 Maude Street (corner West Street), Sandton 2196, Private Bag X34, Benmore 2010 Executive directors: RH Friedland (Chief Executive Officer), KN Gibson (Chief Financial Officer) Non-executive directors: T Brewer (Chairperson), M Bower, B Bulo, L Human, D Kneale, MJ Kuscus, T Leoka, KD Moroka, R Phillips Company Secretary: C Vikisi Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited, 135 Rivonia Road, Sandown, 2196 Transfer secretaries: 4 Africa Exchange Registry (Pty) Ltd, Cedar Woods House, Ballywoods Office Park, 33 Ballyclare Drive, Bryanston Tel: 011 100 8352 Investor relations: ir@netcare.co.za Date: 23-05-2022 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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Netcare Ltd. published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 06:05:03 UTC.