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NIVEUS INVESTMENTS LTD - Change statement and Notice of Annual General Meeting

Release Date: 30/09/2013 17:00
Code(s): NIV     PDF:  
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Change statement and Notice of Annual General Meeting

NIVEUS INVESTMENTS LIMITED

(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
("Niveus)

CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING

Shareholders are advised that the companys Integrated Annual Report, encompassing the annual financial statements for the 
year ended 31 March 2013, was posted to shareholders on Friday, 27 September 2013 and contains certain modifications to the 
reviewed results which were published on Thursday, 23 May 2013. 


These changes are highlighted in the table below: 

                                             Reviewed Results         Integrated Annual Report

                                        
                                        Reviewed        Audited        Audited        Audited       Variance       Variance
Year ended 31 March                         2013           2012           2013           2012           2013           2012
                                           R'000          R'000          R'000          R'000          R'000          R'000


Statement of financial position

Property, plant and equipment            453,215        150,019        452,170        148,363          1,045          1,656
Intangible assets                         26,184          5,596         27,229          7,252         (1,045)        (1,656)


Income statement

Other operating expenses                (691,357)      (292,984)      (688,093)      (292,512)        (3,264)          (472)
Depreciation and amortisation            (71,857)       (47,597)       (71,898)       (47,708)            41            111
Asset impairments                              -              -         (3,223)          (361)         3,223            361


Statement of cash flows

Cash flows from operating activities     216,962         84,371        216,908         84,371             54              -
Cash flows from investing activities     (37,193)       (57,614)       (37,193)       (57,239)             -           (375)
Cash flows from financing activities      69,092        (20,877)        69,146        (21,252)           (54)           375


Earnings per share (cents)

Headline earnings per share
  Continuing operations                     50.7           68.8           50.0           68.8            0.7              -
  Discontinued operations                   (6.5)             -           (5.8)                         (0.7)             -


Reconciliation of headline earnings               Gross                            Gross                        Gross
  
IAS 16 (Gains)/losses on disposal of
property plant and equipment                 301           (331)           238           (331)            63              -


Notice is hereby given that the annual general meeting of Niveus Investments Limited (the company) will be held on 
Monday, 28 October 2013 at 10:30 at the registered offices of the company, Block B, Longkloof Studios, Darters Road, Gardens, 
Cape Town, 8001.


Cape Town
30 September 2013

Sponsor:
Investec Bank Limited 



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