Sharenet Sites 
Sharenet Sites
BNT - Bonatla Property Holdings Limited - Amendment announcement in relation to the audited results for the year ended 31 December 2011 BONATLA PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1996/014533/06) Share code: BNT ISIN code: ZAE000013694 ("Bonatla" or "the company") AMENDMENT ANNOUNCEMENT IN RELATION TO THE AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011 Difference between Provisional Reviewed condensed Consolidated Results and Audited Annual Financial Statements as at 31 December 2011 Statement of Financial Position Reviewed Audited Difference R R R Non-current assets Deferred tax - 2 361 2 361 Current assets Trade and other 76 671 75 444 (1 227) receivables - previous shareholders 9 752 8 525 (1 227) Loan
Accumulated loss (91 840) (92 624) -784 Deferred taxation (15 387) (17 274) (1 887) - reallocation of deferred tax (2 361) asset - decrease in assessed losses carried forward to 2012 in deferred 867 tax calculation - increased deferred tax (393) provision
Taxation (5 112) (5 143) (31) Net Asset Value per share 38,01 31,03 Net Tangible Asset value per share 33,12 27,03 Shares in issue 1 009 331 047 1 233 849 224 518 238 285 Diluted Asset Value per 29,45 31,03 share Diluted Tangible Asset Value per 25,66 27,03 share Total ordinary and preference 1 302 914 086 1 233 849 (69 064 802) shares 285 Statement of Comprehensive Income
Cost of sales 17 224 17 234 10 Other income (17 599) (17 240) 359
Operating costs 25 151 25 141 -10 Taxation 9 395 9 820 425 - Normal tax 3 787 3 819 32 - deferred tax 5 608 6 001 393 Profit for the year (17 341) (16 557) 784
Earnings per share 2,30 1,70 Diluted earnings per share 1,75 1,70 Headline earnings/ (loss) per 0,05 (0,03) share Diluted earnings / (loss) per 0,05 (0,03) share
Weighted average shares in issue 755 510 793 973 002 000 for basic earnings per share Weighted average shares in issue 990 213 427 973 002 000 for diluted earnings / (loss) per share Statements of Cash Flow Cash outflows from operating (31 501) (31 501) - activities Cash inflows from investing 27 178 32 025 4 847 activities Cash outflows from financing -976 (5 823) (4 847) activities Net decrease in Cash and Cash (5 299) (5 299) - Equivalents The above adjustments arise from reclassification of amounts or adjustments as follows: Reclassifications: 1 Deferred taxation of R2 361 has been reallocated between deferred taxation asset and liability. 2 An amount of R4 847 has been reallocated from financing activities to investing activities within the statement of cash flows. Adjustments: 1 The adjustments relate to audit adjustments within one of the Company`s subsidiaries, namely M&P Boating, which arose and were processed after the reviewed results were published and result in a net adjustment to the statement of comprehensive income of R784. Per share information: 1 The ordinary shares in issue have been increased to reflect the fully diluted shares in issue as it has been determined that the preference shares that were previously reflected as preference shares to be issued should be accurately reflected as ordinary shares to be issued, net of 69 064 802 treasury shares. An announcement of the details of the Annual General Meeting will be made in due course. Johannesburg 15 June 2012 Sponsor Arcay Moela Sponsors (Proprietary) Limited Date: 18/06/2012 07:05:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
