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TRENCOR LIMITED - Summarised Consolidated Financial Statements for the year ended 31 December 2021

Release Date: 30/03/2022 13:00
Code(s): TRE     PDF:  
Wrap Text
Summarised Consolidated Financial Statements for the year ended 31 December 2021

(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“the Company”)


This short form announcement is the responsibility of the directors and represents a summary
of the information contained in the full announcement, which is available on the Company’s
website and

The Company’s independent auditors have issued an unmodified audit opinion which contains
no key audit matters. The annual financial statements, audit opinion and the basis for its
unmodified opinion are available on the company’s website on

Any investment decisions by shareholders and other investors should be based on consideration
of the full announcement. The full announcement is also available from the registered office of
the Company and at the offices of the sponsor, at no charge, during normal business hours.


                                                                              2021        2020
 Operating loss before net finance expenses                         Rm         (3)        (43)
 Profit/(Loss) before tax                                           Rm          4         (20)
 Headline earnings/(loss)                                           Rm          6         (38)
 Headline earnings/(loss) per share                              Cents          3         (22)
 Assets in specie dividend per share                             Cents          -          249
 Cash dividends per share                                        Cents          -          160
 Consolidated net asset value per share                          Cents         697         658


No dividends were declared in respect of 2021.

On behalf of the board
Ric Sieni
Chief Executive Officer and Financial Director

30 March 2022

Independent non-executive: David Nurek (Chairman), Eddy Oblowitz, Roddy Sparks
Executive: Ric Sieni (Chief Executive Officer and Financial Director)
Secretaries: Trencor Services Proprietary Limited
Registered Office: 13th Floor, The Towers South, Heerengracht, Cape Town 8001
Transfer Secretaries: Computershare Investor Services Proprietary Limited, Rosebank
Towers, 15 Biermann Avenue, Rosebank 2196 (Private Bag X9000, Saxonwold 2132)
Sponsor: Investec Bank Limited, 100 Grayston Drive, Sandown, Sandton 2196

Date: 30-03-2022 01:00:00
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