Unaudited Interim Group Results for the six months ended 31 March 2021
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 2021
- Revenue R10.1 billion
- Adjusted HEPS 27.3 cents
- R6.6 billion cash resources and committed undrawn facilities at 31 March 2021
Summarised Group financial information
Unaudited 31 March 31 March %
Rm 2021 2020 change
Statement of profit or loss
Revenue 10 081 10 713 (5.9)
EBITDA before exceptional item 1 493 2 360 (36.7)
Operating profit before exceptional item 915 1 787 (48.8)
Profit for the period before exceptional item 375 983 (61.9)
Exceptional item (before and after tax):
Share-based payment expense on B-BBEE transaction - (348)
EBITDA 1 493 2 012 (25.8)
Operating profit 915 1 439 (36.4)
Profit for the period 375 635 (40.9)
Statement of financial position
Total assets 27 036 26 672 1.4
Total liabilities 16 829 16 628 1.2
Total shareholders' equity 10 207 10 044 1.6
Net debt 6 072 6 231 (2.6)
Earnings and dividends per share (cents)
Basic earnings per share 26.3 43.6 (39.7)
Headline earnings per share 26.6 44.0 (39.5)
Adjusted headline earnings per share 27.3 71.7 (61.9)
Interim dividend per share Nil Nil
Short-form announcement dated 24 May 2021
This short-form announcement is the responsibility of the directors, it is only a summary of the information
in the full announcement and does not contain the full or complete details. The full announcement can be found on
the Company's website on www.netcare.co.za/Netcare-Investor-Relations as well as on the JSE's website at
https://senspdf.jse.co.za/documents/2021/jse/isse/NTC/ie2021.pdf.
Copies of the full announcement are available for inspection and may also be requested at the Company's registered office,
at no charge, during office hours. Any investment decisions should be based on consideration of the full announcement
published on the JSE's website and on the Company's website.
www.netcare.co.za
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, KD Moroka
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: +27 (0)11 100 8352
Investor relations: ir@netcare.co.za
Date: 24-05-2021 08:00:00
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