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STELLAR CAPITAL PARTNERS LIMITED - Financial results for the year ended 30 June 2020

Release Date: 27/08/2020 09:30
Code(s): SCP     PDF:  
Wrap Text
Financial results for the year ended 30 June 2020

Incorporated in the Republic of South Africa 
(Registration number 1998/015580/06) 
Share code: SCP 
ISIN: ZAE000198586 
Stellar Capital Partners Limited ("Stellar Capital" or "the Group"), an investment holding company, has published its provisional 
summarised results for the year ended 30 June 2020, a summary of which is set out below.  
Stellar Capital's key financial measurements are detailed below: 
                                                           Audited             Audited
                                                             as at               as at     % increase / 
                                                      30 June 2020        30 June 2019       (decrease) 
Net asset value (R'000)                                  1,139,997           1,289,906          (11.6%) 
Net asset value per share (Rand)                              1.31                1.21            8.3% 
Stellar Capital's other financial measurements are detailed below: 
                                                      Audited year        Audited year                            
                                                             ended               ended     % increase / 
                                                      30 June 2020        30 June 2019       (decrease) 
Gross (loss) / profit from investments (R'000)             (5,798)             296,506           (102%) 
(Loss) / profit for the year (R'000)                      (31,187)             162,408           (119%) 
(Loss) / earnings per share (cents)                         (3.09)               15.13           (120%) 
Headline (loss) / earnings per share (cents)                (3.09)               15.13           (120%) 
No ordinary dividends were declared or paid during either reporting periods.  
The independent auditor's report includes a section on key audit matters. The key audit matter raised in the auditor's report 
relates to the valuation of unlisted investments. 
BDO South Africa Incorporated has issued an unmodified audit opinion on the audited financial statements for the year ended 30 
June 2020. Their audit opinion, together with the accompanying financial statements, can be viewed on the Company's website which also provides more details 
on the key audit matters on page 10. 
This unaudited short-form announcement is the responsibility of the directors. It is only a summary of the information contained 
in the full announcement and does not contain full or complete details. Furthermore, this short-form results announcement has 
not been reviewed or reported on by Stellar Capital's auditors but has been extracted from the audited financial statements of 
the Group for the year ended 30 June 2020.  
Any investment decision should be based on the full announcement accessible from Thursday, 27 August 2020, via the JSE link at and also available on the Company's website at 
The full announcement is also available for inspection to shareholders and investors at no charge, during normal business hours 
from Thursday, 27 August 2020 at the physical office of Stellar Capital, Fourth Floor, The Terraces, 25 Protea Road, Claremont, 
Cape Town as well as the offices of Stellar Capital's sponsor, Rand Merchant Bank (a division of FirstRand Bank Limited),  
1 Merchant Place, Cnr Rivonia Road and Fredman Drive, Sandton, Johannesburg. Shareholders and investors are encouraged to 
review the full announcement, as a whole, in making any investment decisions. 

By order of the Board 
27 August 2020 

Rand Merchant Bank (a division of First Rand Bank Limited) 
Date: 27-08-2020 09:30:00
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