Financial results for the year ended 30 June 2020
STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: SCP
FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2020
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:
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
http://www.stellarcapitalpartners.co.za/wp-content/uploads/2020/08/SCP-JUNE2020-AFS.pdf 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
https://senspdf.jse.co.za/documents/2020/JSE/ISSE/SCP/FY20.pdf 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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