Wrap Text
Unaudited Condensed Consolidated Interim Results
for the six months ended 30 September 2022 and Dividend Declaration
HOSKEN CONSOLIDATED INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1973/007111/06
Share code: HCI
ISIN: ZAE000003257
("HCI" or "the Company" or "the Group")
UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS
FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2022 AND DIVIDEND DECLARATION
SALIENT FEATURES
Unaudited Unaudited %
30 Sept 2022 30 Sept 2021* change
Revenue (R'000) 6 182 090 4 980 554 24%
Net gaming win (R'000) 4 670 380 3 331 613 40%
Property rental income (R'000) 336 523 320 889 5%
EBITDA (R'000) 2 516 475 2 134 087 18%
Earnings per share (cents) 1 185.3 298.1 298%
Headline earnings per share (cents) 1 115.4 270.9 312%
Dividend per share (cents) 50 -
Net asset value per share (cents) 19 811 15 399 29%
Headline earnings/(loss)
Media and broadcasting 92 708 117 947
Gaming 304 060 157 562
Hotels 123 563 (62 809)
Transport 85 684 94 664
Properties 39 876 13 297
Coal mining 224 512 85 233
Branded products and manufacturing 61 022 38 561
Oil and gas prospecting (21 481) (16 044)
Palladium prospecting (9 432) (26 665)
Other 1 487 (182 631)
901 999 219 115 312%
* Restated
DECLARATION OF CASH DIVIDEND
The directors of HCI have resolved to declare an interim ordinary dividend number 61 of 50 cents
(gross) per HCI share for the six months ended 30 September 2022 from income reserves. The salient
dates for the payment of the dividend are as follows:
Last day to trade cum dividend Tuesday, 20 December 2022
Commence trading ex dividend Wednesday, 21 December 2022
Record date Friday, 23 December 2022
Payment date Tuesday, 27 December 2022
No share certificates may be dematerialised or rematerialised between Wednesday, 21 December 2022
and Friday, 23 December 2022, both dates inclusive.
In terms of legislation applicable to Dividends Tax ("DT") the following additional information
is disclosed:
- The local DT rate is 20%.
- The number of ordinary shares in issue at the date of this declaration is 85 620 648.
- The DT amounts to 10 cents per share.
- The net local dividend amount is 40 cents per share for all shareholders who are not exempt
from the DT.
- Hosken Consolidated Investments Limited's income tax reference number is 9050/177/71/7.
In terms of the DT legislation, any DT amount due will be withheld and paid over to the
South African Revenue Service by a nominee company, stockbroker or Central Securities Depository
Participant (collectively "regulated intermediary") on behalf of shareholders. All shareholders
should declare their status to their regulated intermediary as they may qualify for a reduced
DT rate or exemption.
DIRECTORS' STATEMENT
The directors, who take responsibility for the contents of this short-form announcement, present
the unaudited condensed consolidated interim results of Hosken Consolidated Investments Limited
for the six months ended 30 September 2022. The interim results were prepared under the
supervision of the financial director, Mr JR Nicolella CA(SA), and have neither been audited
nor independently reviewed by the Group's auditors.
The financial information is only a summary and does not contain full details of the financial
results. Any investment decisions by investors and/or shareholders should be based on information
contained in the full announcement, accessible from 1 December 2022, via the JSE link
https://senspdf.jse.co.za/documents/2022/jse/isse/HCI/Interims.pdf or the Company's website
at http://www.hci.co.za.
Copies of the full announcement may also be requested by e-mail at info@hci.co.za and are available
for inspection at the Company's registered office, at no charge to investors and/or shareholders,
during office hours (09:00 - 17:00) from Mondays to Fridays.
Signed on behalf of the board of directors
JA Copelyn JR Nicolella
Chief Executive Officer Financial Director
Cape Town
1 December 2022
Directors:
JA Copelyn (Chief Executive Officer), JR Nicolella (Financial Director), TG Govender, Y Shaik,
MH Ahmed*, MF Magugu*, L McDonald**, SNN Mkhwanazi-Sigege**, VE Mphande* (Chairman), JG Ngcobo*,
RD Watson* (* Independent non-executive ** Non-executive)
Company secretary:
HCI Managerial Services Proprietary Limited
Registered office:
Suite 801, 76 Regent Road, Sea Point, 8005
PO Box 5251, Cape Town, 8000
Telephone: 021 481 7560
Auditors:
BDO South Africa Incorporated
Wanderers Office Park, 52 Corlett Drive, Illovo, 2196
Private Bag X10046, Sandton, 2146
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, Sandton, Sandown, 2196
Website:
http://www.hci.co.za
Date: 01-12-2022 08:18:00
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