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Trading Statement
Iliad Limited
Incorporated in the Republic of South Africa
(Registration number 1997/011938/06)
Share Code: ILA ISIN: ZAE000015038
(“Iliad” or “the Company”)
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the listings requirements of the JSE Limited, shareholders are
advised that Iliad’s results for the six months ended 30 June 2013 will reflect a loss per share (LPS) of
between 38 to 42 cents per share for the period, compared to earnings of 20.1 cents per share in
2012. This includes a loss on disposal of business components of R76.2 million (R54.9 million net of
tax) relating to the decision to sell the Timber Wholesale, Ceramics and Ceramics Cash-and-Carry
businesses, as well as portfolio adjustment costs of R14.7 million relating to the rationalisation of two
underperforming stores.
The headline earnings per share (HEPS) for the period will be between 0 and 2 cents per share,
compared to headline earnings of 20.0 cents per share in 2012, mainly due to the once-off costs of
R14.7 million incurred in the rationalisation of the abovementioned underperforming stores.
These portfolio adjustments, based on the December 2012 results, will contribute approximately 0.5
percentage points towards a recovery in the operating margin.
The financial information on which this trading statement is based has not been reviewed by the
company’s auditors. The Company’s interim results will be released on or about 27 August 2013.
Johannesburg
1 August 2013
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 01/08/2013 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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