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AFRICAN DAWN CAPITAL LIMITED - Amendment to the reviewed condensed consolidated financial statements for the year ended 28 February 2014

Release Date: 04/06/2014 14:56
Code(s): ADW     PDF:  
Wrap Text
Amendment to the reviewed condensed consolidated financial statements for the year ended 28 February 2014

AFRICAN DAWN CAPITAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/020520/06)
JSE code: ADW
ISIN: ZAE000060703

AMENDMENT TO THE REVIEWED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2014

Shareholders are referred to the reviewed condensed consolidated financial statements for the year
ended 28 February 2014 published on SENS on 30 May 2014 (“Results”) and are advised to note that
the comparative results for the year ended 28 February 2013 as reflected in the Results were re-
presented in terms of the requirements of International Financial Reporting Standards (“IFRS”) to take
into account discontinued operations in terms of IFRS 5.

Shareholders should also note the following amendments to the segmental reporting information
reported in note 6. to the Results:


 28 February 2014                                                       Bridging   Personal &     Other      Total
                                                                         finance   short term     Head
                                                                                                  office
 Reported in the Results   Revenue, other income and interest               609             -     5,470      6,079
 Amended                   Revenue, other income and interest               678             -     5,512      6,190

 Reported in the Results   Continued operations profit/(loss) for the      4,378            -   (21,504)   (15,771)
                           year
 Amended                   Continued operations profit/(loss) for the    (7,005)            -   (10,121)   (17 126)
                           year

 Reported in the Results   Net Asset Value                              (32,349)      (3,822)    79,582     43,411
 Amended                   Net Asset Value                              (32,334)      (3,829)    79,574     43,411

 28 February 2013


 Reported in the Results   Revenue, other income and interest              2,321            -     7,367      9,688
 Amended                   Revenue, other income and interest              2,252            -     5,329      7,581

 Reported in the Results   Continued operations profit/(loss) for the    (9,424)            -     5,153     (4,271)
                           year
 Amended                   Continued operations profit/(loss) for the    (9,424)            -     5,152     (4,272)
                           year

Johannesburg
4 June 2014

Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)

Date: 04/06/2014 02:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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