Cash flow Transaction Capital Limited

Equities

TCP

ZAE000167391

Auto Vehicles, Parts & Service Retailers

End-of-day quote Johannesburg S.E. Other stock markets 2025-01-24			5-day change	1st Jan Change
2.260 ^ZAR	+4.63%		+2.26%	-7.38%

Nov. 28	Transaction Capital Limited Provides Earnings Guidance for the Full Year Ended 30 September 2024	CI
Jun. 03	Transaction Capital Limited Announces the Retirement of Christopher Seabrooke as an Independent Non-Executive Director, Effective 31 December 2024	CI

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Published financial data: TRANSACTION CAPITAL LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2019	2020	2021	2022	2023
Interest and Dividend Income, Total	2.47B	2.56B	2.66B	2.88B	3.2B
Interest Expense, Total	1.2B	1.29B	1.24B	1.7B	2.86B
Net Interest Income	1.28B	1.26B	1.43B	1.18B	336M
Other Revenues, Total	3.15B	3.45B	3.99B	23.8B	24.76B
Revenues Before Provison For Loan Losses	4.42B	4.72B	5.42B	24.98B	25.09B
Provision For Loan Losses	336M	836M	563M	856M	3.75B
Total Revenues	4.09B	3.88B	4.85B	24.12B	21.34B
Cost of Services Provided, Total	3.02B	3.53B	3.6B	22.51B	25.51B
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	-	-1M	-	-220M	-28M
Total Operating Expenses	3.02B	3.53B	3.6B	22.29B	25.48B
Operating Income	1.07B	356M	1.25B	1.83B	-4.14B
Income (Loss) on Equity Invest.	4M	32M	213M	47M	-53M
Other Non Operating Income (Expenses)	7M	5M	2M	611M	2.86B
EBT, Excl. Unusual Items	1.08B	393M	1.47B	2.48B	-1.34B
Total Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-3M	-5M	-4M	-63M
Gain (Loss) on Sale of Investments	-	-	1.42B	-	319M
Asset Writedown	-	-21M	-136M	-33M	-42M
EBT, Incl. Unusual Items	1.08B	369M	2.74B	2.45B	-1.12B
Income Tax Expense	293M	79M	325M	411M	213M
Earnings From Continuing Operations	787M	290M	2.42B	2.04B	-1.34B
Earnings Of Discontinued Operations	-	-87M	-12M	-33M	-9M
Net Income to Company	787M	203M	2.41B	2B	-1.34B
Minority Interest	-60M	-45M	-116M	-360M	411M
Net Income - (IS)	727M	158M	2.29B	1.64B	-933M
Net Income to Common Incl Extra Items	727M	158M	2.29B	1.64B	-933M
Net Income to Common Excl. Extra Items	727M	245M	2.3B	1.68B	-924M
Per Share Items
Net EPS - Basic	1.19	0.25	3.37	2.27	-1.23
Basic EPS - Continuing Operations	1.19	0.39	3.39	2.32	-1.22
Basic Weighted Average Shares Outstanding	612M	623M	680M	722M	760M
Net EPS - Diluted	1.17	0.25	3.35	2.22	-1.23
Diluted EPS - Continuing Operations	1.17	0.39	3.37	2.26	-1.22
Diluted Weighted Average Shares Outstanding	619M	625M	684M	740M	760M
Normalized Basic EPS	1.01	0.32	1.18	1.65	-0.56
Normalized Diluted EPS	0.99	0.32	1.17	1.61	-0.56
Dividend Per Share	0.61	-	0.52	0.7	-
Payout Ratio	52.27	174.05	7.07	28.97	-30.12
Supplemental Items
Effective Tax Rate - (Ratio)	27.13	21.41	11.85	16.8	-18.98
Current Domestic Taxes	105M	91M	127M	355M	328M
Current Foreign Taxes	-	7M	5M	2M	6M
Total Current Taxes	105M	98M	132M	357M	334M
Deferred Domestic Taxes	188M	-19M	193M	54M	-121M
Total Deferred Taxes	188M	-19M	193M	54M	-121M
Normalized Net Income	615M	201M	801M	1.19B	-424M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	145M	61M	62M	74M	69M
Total Stock-Based Compensation	145M	61M	62M	74M	69M

Fiscal Period: September	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	919M	1.79B	2.24B	1.48B	2.14B
Long-Term Investments - (FS Template)	92M	2.15B	301M	2.52B	1.91B
Trading Asset Securities, Total	194M	372M	101M	693M	899M
Loans and Lease Receivables - (FS Template)	13.42B	14.12B	16.81B	19.3B	20.55B
Other Receivables	731M	1.09B	1.24B	1.78B	1.66B
Gross Property Plant And Equipment	357M	744M	1.53B	2.48B	2.79B
Accumulated Depreciation	-185M	-305M	-437M	-571M	-703M
Net Property Plant And Equipment	172M	439M	1.09B	1.91B	2.09B
Goodwill	1.15B	1.35B	4.35B	4.75B	5.25B
Other Intangibles, Total	294M	505M	3.24B	3.34B	3.42B
Other Current Assets, Total	1.22B	1.38B	2.74B	4.33B	3.3B
Deferred Tax Assets Long-Term (Collected)	271M	344M	319M	272M	369M
Other Long-Term Assets, Total	-	-	-	-	44M
Total Assets	18.46B	23.56B	32.43B	40.38B	41.63B
Liabilities
Accounts Payable, Total	451M	472M	763M	799M	994M
Accrued Expenses, Total	200M	146M	1.5B	359M	416M
Short-Term Borrowings	458M	524M	502M	4.9B	3.03B
Current Portion of Long-Term Debt	2.21B	3.38B	4.83B	8.43B	8.78B
Current Portion of Leases	2M	99M	135M	187M	235M
Long-Term Debt	8.59B	11.26B	11.31B	13.43B	16.61B
Long-Term Leases	-	318M	285M	528M	533M
Current Income Taxes Payable	16M	46M	41M	58M	38M
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	33M	12M	14M	21M	6M
Unearned Revenue Non Current	56M	50M	55M	54M	51M
Deferred Tax Liability Non-Current	413M	455M	1.4B	1.41B	1.38B
Other Non Current Liabilities	558M	423M	452M	605M	1.56B
Total Liabilities	12.99B	17.18B	21.29B	30.78B	33.63B
Common Stock, Total	1.1B	2.02B	3.46B	5.18B	5.27B
Retained Earnings	3.61B	3.48B	5.59B	6.76B	5.41B
Comprehensive Income and Other	179M	322M	688M	-3.98B	-3.75B
Total Common Equity	4.9B	5.82B	9.74B	7.96B	6.93B
Minority Interest	576M	555M	1.4B	1.64B	1.06B
Total Equity	5.47B	6.37B	11.14B	9.59B	8B
Total Liabilities And Equity	18.46B	23.56B	32.43B	40.38B	41.63B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	613M	661M	708M	757M	763M
ECS Total Common Shares Outstanding	613M	661M	708M	757M	763M
Book Value / Share	7.99	8.8	13.75	10.5	9.08
Tangible Book Value	3.45B	3.96B	2.15B	-134M	-1.73B
Tangible Book Value Per Share	5.63	5.98	3.04	-0.18	-2.27
Tangible Book Value Per Share (As Reported)	-	-	-	-	-
Total Debt	11.26B	15.58B	17.06B	27.48B	29.19B
Net Debt	10.15B	13.41B	14.72B	25.31B	26.15B
Equity Method Investments, Total	92M	2.15B	301M	1.1B	1.06B
Full Time Employees	-	-	-	-	-

Fiscal Period: September	2019	2020	2021	2022	2023
Net Income	727M	158M	2.29B	1.64B	-933M
Depreciation, Depletion & Amortization	41M	109M	116M	210M	301M
Amortization of Goodwill and Intangible Assets - (CF)	12M	15M	67M	40M	69M
Total Depreciation, Depletion & Amortization	53M	124M	183M	250M	370M
Amortization of Deferred Charges, Total	34M	38M	-	52M	77M
Gain (Loss) on Sale of Loans & Receivables - (CF)	120M	570M	312M	395M	-216M
(Gain) Loss On Sale of Asset - (CF)	-8M	-	-1M	-134M	-
(Gain) Loss on Sale of Investments - (CF)	39M	18M	-15M	-43M	-266M
Total Asset Writedown	-	24M	141M	33M	92M
Provision for Credit Losses	344M	862M	640M	869M	3.79B
(Income) Loss On Equity Investments - (CF)	-4M	-32M	-213M	-47M	53M
Change In Inventories	-354M	-200M	-721M	-1.75B	769M
Change in Accounts Payable	-26M	-161M	108M	87M	200M
Change in Other Net Operating Assets (Collected)	-3.08B	-1.94B	-2.82B	-3.73B	-2.69B
Other Operating Activities	318M	-422M	-1.73B	-992M	-3.18B
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	-1.84B	-960M	-1.82B	-3.37B	-1.93B
Capital Expenditure	-48M	-57M	-83M	-682M	-304M
Sale of Property, Plant, and Equipment	3M	4M	1M	6M	27M
Cash Acquisitions	-7M	-175M	-23M	-1.1B	-446M
Divestitures	8M	30M	-	-	-
Purchase / Sale of Intangible Assets	-57M	-214M	-108M	-131M	-133M
Investment in Marketable and Equity Securities, Total	-87M	-1.6B	-39M	-1.53B	842M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-188M	-2.02B	-252M	-3.44B	-14M
Short Term Debt Issued, Total	76M	26M	-	-	-
Long-Term Debt Issued, Total	9.09B	10.8B	8.65B	16.76B	9.91B
Total Debt Issued	9.16B	10.82B	8.65B	16.76B	9.91B
Short Term Debt Repaid, Total	-	-	-21M	-58M	-1M
Long-Term Debt Repaid, Total	-8.1B	-7.22B	-7.25B	-11.89B	-6.74B
Total Debt Repaid	-8.1B	-7.22B	-7.27B	-11.95B	-6.74B
Issuance of Common Stock	-	550M	1.41B	1.26B	-
Repurchase of Common Stock	-11M	-42M	-	-	-
Common Dividends Paid	-380M	-275M	-162M	-476M	-281M
Common & Preferred Stock Dividends Paid	-380M	-275M	-162M	-476M	-281M
Other Financing Activities, Total	1.11B	-	-82M	-	-70M
Cash from Financing	1.78B	3.84B	2.54B	5.59B	2.82B
Foreign Exchange Rate Adjustments	1M	19M	-16M	1M	9M
Net Change in Cash	-246M	884M	452M	-1.21B	882M
Supplemental Items
Cash Interest Paid	-	1.19B	1.15B	1.69B	2.77B
Cash Income Tax Paid (Refund)	108M	115M	201M	351M	346M
Net Debt Issued / Repaid	1.06B	3.61B	1.38B	4.81B	3.17B

Fiscal Period: September	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.64	1.38	8.64	5.59	-3.26
Return On Equity %	16.93	4.9	27.61	19.64	-15.18
Return on Common Equity	16.79	4.57	29.59	18.94	-12.41
Margin Analysis
Gross Profit Margin %	29.05	9.48	27.39	7.97	-18.04
SG&A Margin	2.89	0.33	1.59	1.31	1.51
Income From Continuing Operations Margin %	19.26	7.47	49.82	8.44	-6.26
Net Income Margin %	17.79	4.07	47.19	6.81	-4.37
Net Avail. For Common Margin %	17.79	6.31	47.43	6.95	-4.33
Normalized Net Income Margin	15.05	5.17	16.5	4.94	-1.99
Asset Turnover
Asset Turnover	0.24	0.18	0.17	0.66	0.52
Short Term Liquidity
Current Ratio	4.88	4.01	2.97	1.87	2.11
Quick Ratio	4.52	3.71	2.62	1.58	1.87
Operating Cash Flow to Current Liabilities	-0.54	-0.2	-0.23	-0.23	-0.14
Long Term Solvency
Total Debt/Equity	205.85	244.47	153.08	286.48	365.1
Total Debt / Total Capital	67.3	70.97	60.49	74.13	78.5
LT Debt/Equity	156.98	181.59	104.05	145.51	214.45
Long-Term Debt / Total Capital	51.33	52.72	41.11	37.65	46.11
Total Liabilities / Total Assets	70.36	72.95	65.63	76.24	80.79
Tier 1 Capital Ratio %	-	-	-	-	-
Total Capital Ratio %	-	-	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.81	-1.22	25.01	215.36	-4.42
Gross Profit, 1 Yr. Growth %	15.47	-68.52	248.82	52.86	-768.23
Earnings From Cont. Operations, 1 Yr. Growth %	12.75	-62.48	733.79	-15.8	-165.57
Net Income, 1 Yr. Growth %	6.6	-78.27	1.35K	-28.25	-156.79
Normalized Net Income, 1 Yr. Growth %	10.51	-69.86	299.19	48.9	-140.94
Diluted EPS Before Extra, 1 Yr. Growth %	6.15	-65.94	758.93	-32.73	-153.69
Common Equity, 1 Yr. Growth %	30.07	18.83	67.46	-18.34	-12.85
Total Assets, 1 Yr. Growth %	19.22	27.59	37.69	24.4	3.1
Tangible Book Value, 1 Yr. Growth %	47.5	14.75	-45.66	-106.29	1.19K
Cash From Operations, 1 Yr. Growth %	53.17	-47.77	90	81.16	-42.57
Capital Expenditures, 1 Yr. Growth %	-18.64	18.75	45.61	721.69	-55.43
Dividend Per Share, 1 Yr. Growth %	22	-	-	34.62	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.69	5.35	11.12	149.26	67.04
Gross Profit, 2 Yr. CAGR %	-2.46	-40.17	6.62	124.66	74.92
Earnings From Cont. Operations, 2 Yr. CAGR %	17.71	-35.54	76.86	164.97	-25.7
Net Income, 2 Yr. CAGR %	14.45	-51.87	77.48	222.47	-36.17
Normalized Net Income, 2 Yr. CAGR %	12.85	-39.96	9.69	143.8	-27.24
Diluted EPS Before Extra, 2 Yr. CAGR %	12.84	-40.47	71.03	140.38	-39.9
Common Equity, 2 Yr. CAGR %	14.75	24.33	41.07	16.94	-15.64
Total Assets, 2 Yr. CAGR %	18.97	23.34	32.53	30.93	13.25
Tangible Book Value, 2 Yr. CAGR %	21.53	30.1	-21	-81.61	-9.83
Cash From Operations, 2 Yr. CAGR %	43.07	-10.56	-0.38	87.25	2
Capital Expenditures, 2 Yr. CAGR %	-14.72	-1.71	31.5	245.9	91.38
Dividend Per Share, 2 Yr. CAGR %	23.49	-	-7.67	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.99	8.34	11.53	83.09	76.49
Gross Profit, 3 Yr. CAGR %	22.74	-33.43	8.94	18.05	116.18
Earnings From Cont. Operations, 3 Yr. CAGR %	19.34	-20.07	51.31	38.1	66.35
Net Income, 3 Yr. CAGR %	16.65	-34.22	49.74	31.23	80.75
Normalized Net Income, 3 Yr. CAGR %	18.39	-25.38	12.9	21.45	28.33
Diluted EPS Before Extra, 3 Yr. CAGR %	13.64	-24.81	44.93	25.31	45.85
Common Equity, 3 Yr. CAGR %	18.48	16.1	37.3	17.57	6.02
Total Assets, 3 Yr. CAGR %	18.52	21.78	27.94	29.8	20.9
Tangible Book Value, 3 Yr. CAGR %	9.18	19.23	-2.72	-66.13	-24.12
Cash From Operations, 3 Yr. CAGR %	303.39	2.25	14.98	22.35	26.28
Capital Expenditures, 3 Yr. CAGR %	-10.52	-4.77	12.05	142.2	74.72
Dividend Per Share, 3 Yr. CAGR %	26.69	-	1.32	4.69	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	20.25	16.84	20.02	51.19	43.57
Gross Profit, 5 Yr. CAGR %	20.1	-7.25	15.66	9.04	30.22
Earnings From Cont. Operations, 5 Yr. CAGR %	18.98	-6.46	39.18	29.09	13.85
Net Income, 5 Yr. CAGR %	-4.95	-17	37.97	24.24	6.47
Normalized Net Income, 5 Yr. CAGR %