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FIRSTRAND LIMITED - Trading statement in respect of the six months to 31st December 2013

Release Date: 25/02/2014 09:00
Code(s): FSR FSRP     PDF:  
Wrap Text
Trading statement in respect of the six months to 31st December 2013

FirstRand Limited
(Incorporated in the Republic of South Africa)
Registration number: 1966/010753/06
JSE Ordinary Share Code: FSR
JSE Ordinary Share ISIN: ZAE000066304
JSE B Preference Share Code: FSRP
JSE B Preference Share ISIN: ZAE000060141
NSX Ordinary Share Code: FST
(“Firstrand” or “the Group”)

TRADING STATEMENT IN RESPECT OF THE SIX MONTHS TO 31ST DECEMBER 2013

In terms of the Listings Requirements of the JSE Limited, an issuer is required to publish a trading
statement as soon as it becomes apparent that earnings per share (“EPS”) and/or headline earnings
per share (“HEPS”) for the next period to be reported on are expected, with a reasonable degree of
certainty, to differ by at least 20% from those of the previous corresponding reporting period.

Accordingly, the table below provides guidance for the increases in the Group’s HEPS, EPS and
diluted normalised EPS, based on both an actual and restated basis. The restatements relate to the
adoption of certain new IFRS statements.

As previously communicated to shareholders, FirstRand considers diluted normalised EPS from
continuing operations to most accurately represent operational performance.

                                                 For the 6 months            Guidance increase for
                                                   to 31 Dec 2012         6 months to 31 Dec 2013
Headline EPS (IFRS)                                         131.7                         20 – 22%
Actual EPS (IFRS)                                           128.5                         24 - 26%
Diluted normalised EPS                                      128.0                         19 - 21%


Shareholders are advised that the financial information on which this trading statement is based has
not been reviewed and reported on by the Group’s external auditors. FirstRand’s results for the six
months to 31st December 2013 are expected to be released on SENS on Tuesday 4th March 2014.

25 February 2014
Sandton

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25/02/2014 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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