Remgro : Headline Earnings

Audited Summary Consolidated Results for the year ended 30 June	2022

COMPOSITION OF HEADLINE EARNINGS

		Year		Year
		ended		ended
		30 June	%	30 June
R million		2022	Change	2021
Healthcare
Mediclinic		1 267	88.0	674
Consumer products
Distell	‐ entity contribution	735	36.6	538
	‐ IFRS 3 charge1	(11)	76.6	(47)
RCL Foods		846	11.5	759
Siqalo Foods	‐ entity contribution	401	(1.0)	405
	‐ IFRS 3 charge1	(65)	17.7	(79)
Financial services
RMI		796	(11.4)	898
Business Partners	70	204.3	23
Infrastructure
CIVH		47	110.8	(435)
Grindrod		263	1 543.8	16
SEACOM		37	42.3	26
Other infrastructure investments	266	1 464.7	17
Industrial
Air Products		422	31.1	322
TotalEnergies		1 076	194.0	366
Wispeco		281	6.4	264
Other industrial investments	21	(66.1)	62
Diversified investment vehicles
KTH		80	144.0	(182)
Other diversified investment vehicles	15	119.2	(78)
Media
eMedia Investments	145	237.2	43
Other media investments	33	230.0	10
Portfolio investments
FirstRand		389	103.7	191
Other portfolio investments	55	(1.8)	56
Social impact investments	(20)	69.7	(66)
Central treasury
Finance income		224	5.7	212
Finance costs		(627)	27.2	(861)
Other net corporate costs	(252)	(1.2)	(249)
Headline earnings	6 494	125.1	2 885
Weighted number of shares (million)	564.4	(0.1)	565.0
Headline earnings per share (cents)	1 150.6	125.3	510.6

1. IFRS 3 charge represents the amortisation and depreciation expenses, net of tax, relating to the additional assets identified when Remgro obtained control over these entities.

REMGRO Limited