Posting of integrated ann rep, restatement of prev pub results for minor rounding differences and notice of AGM ANCHOR GROUP LIMITED (formerly Andotorque Investments Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number 2009/005413/06) (“Anchor” or “the Company”) ISIN Code: ZAE000193389 JSE Code: ACG POSTING OF INTEGRATED ANNUAL REPORT, RESTATEMENT OF PREVIOUSLY PUBLISHED RESULTS FOR MINOR ROUNDING DIFFERENCES AND NOTICE OF ANNUAL GENERAL MEETING Posting of Integrated Annual Report and Change Statement Shareholders are advised that the Company's integrated annual report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 31 December 2014 and a notice of the annual general meeting (“AGM”) was posted to shareholders on Wednesday, 27 May 2015 and is available on the Company?s website: www.anchorgroup.co.za. Shareholders are advised that the JSE Listings Requirements provide for the publication of results where there are any changes to the annual financial statements, even if these amendments are immaterial. The annual financial statements contain minor rounding differences compared to the results for 31 December 2014 and 31 December 2013 as published in the audited consolidated provisional results for the year ended 31 December 2014 announcement published on SENS on 18 March 2015 (“the provisional results”), but these changes are immaterial to the published provisional results and do not result in any changes to the earnings and headline earnings per share information previously published. The rounding differences occur in various line items in the condensed consolidated statements of financial position, condensed consolidated statements of comprehensive income, statement of changes in equity, condensed consolidated statements of cash flows and segmental information and these amended statements as well as the previously published figures (where different), are set out below: Condensed consolidated statement of financial position as at 31 December 2014 Previously Previously Audited Audited published published Figures in R?000 31-Dec-14 31-Dec-13 31-Dec-14 31-Dec-13 Assets Non-Current Assets Plant and equipment 1 837 509 Goodwill 24 401 3 119 Intangible assets 6 612 448 6 613 Investments in associates 9 907 - 9 906 Other financial assets 796 - Deferred tax 526 809 808 44 079 4 885 4 884 Current Assets Other financial assets 8 615 3 340 Trade and other receivables 21 895 6 330 6 329 Cash and cash equivalents 303 108 7 000 6 999 333 618 16 670 16 668 Total Assets 377 697 21 555 21 552 Equity and Liabilities Equity Stated Capital / Share Capital 317 164 1 0.5 Reserves 15 389 - Retained income 20 535 5 943 5 946 Equity Attributable to Equity Holders of Parent 353 088 5 944 5 946 Non-controlling interest - 2 089 353 088 8 033 8 035 Liabilities Non-Current Liabilities Deferred tax 847 - 846 Current Liabilities Other financial liabilities 4 001 6 494 4 000 6 493 Current tax payable 1 703 1 367 Trade and other payables 18 058 5 661 18 060 5 657 23 762 13 522 23 763 13 517 24 609 13 522 13 517 Total Equity and Liabilities 377 697 21 555 21 552 Condensed consolidated statement of comprehensive income for the year ended 31 December 2014 Previously Previously Audited Audited published published Figures in Rand 31-Dec-14 31-Dec-13 31-Dec-14 31-Dec-13 Revenue 82 367 31 619 31 574 Operating Expenses (53 732) (24 456) (53 733) (24 453) Operating profit 28 635 7 163 28 634 7 121 Accounting gain on acquisition of former Investment 3 888 - Finance Income 1 322 68 Finance Costs (441) (174) (442) Share of profits from associates 478 - Profit before taxation 33 882 7 012 33 880 7 015 Taxation expense (9 627) (2 233) (2 234) Total comprehensive income for the year 24 255 4 779 24 253 4 781 Total comprehensive income attributable to: Owners of the parent 24 255 3 752 24 253 3 754 Non-controlling interest - 1 027 24 255 4 779 24 253 4 781 Number of shares in issue 140 295 500* Weighted average number of shares in issue 75 888 50 000 Employee share incentive scheme 2 467 - Diluted weighted average number of shares in issue 78 354 50 000 78 355 *Not in („000), share split 100 000: 1 Statement of Changes in Equity for the year ended 31 December 2014 Total Equity attribute- Share reserve Shares able to capital Share due to equity / based to change be holders Non- Stated Previously payment in control issued Total Retained Previously of the Previously controlling Total Previously Figures in R?000 Capital published reserve of interest Reserve Reserves income published group published interest equity published Group Balance at 01 January 2013 1 0.5 - - - - (32) (31) (32) (31) 85 53 54 Profit for the year - - - - - 3 752 3 754 3 752 3 754 1 027 4 779 4 781 Sale of shares in subsidiary to non- controlling shareholders - - - - - 2 223 2 223 977 3 200 Balance at 1 January 2014 1 0.5 - - - - 5 943 5 946 5 943 5 946 2 089 8 032 8 036 Profit for the year 24 255 24 255 24 255 Issue of shares to acquire non- controlling interest 8 974 - (3 099) - (3 099) (3 786) 2 089 (2 089) - Movement in reserve - - 3 099 - 3 099 (3 099) - - - Buy back of shares (1 600) - - - - - (1 600) - (1 600) Issue of shares to employee 1 391 - - - - - 1 391 - 1 391 Issue of shares during the year 308 398 - - - - - 308 398 - 308 398 Shares to be issued to acquire subsidiary - - - 14 760 14 760 - 14 760 - 14 760 Share based payments - 629 - - 629 - 629 - 629 Dividends - - - - - (2 778) (2 778) - (2 778) Total contributions by and distributions to owners of company recognised directly in equity 317 163 629 - 14 760 15 389 (9 663) 322 889 (2 089) 320 800 Balance at 31 December 2014 317 164 15 389 20 535 353 088 - 353 088 Condensed consolidated statement of cash flows Previously Previously Audited Audited published published Figures in R?000 31-Dec-14 31-Dec-13 31-Dec-14 31-Dec-13 Cash flows from operating activities Cash generated from operations 25 916 10 204 10 203 Interest Income 1 322 23 24 Finance Costs (441) (174) (442) Tax Paid (10 718) (1 708) Net Cash from operating activities 16 079 8 345 16 078 Cash flows utilised in investing activities Purchase of equipment (1 661) (420) (422) Expenditure on intangible assets (1 565) (448) (447) Cash acquired on acquisition of subsidiary 339 - Intangible asset acquired through business combination (3 800) Increase in investment in associates (9 907) - Acquisition of investments (6 071) (2 386) Net Cash utilised in investing activities (22 665) (3 254) (3 255) Cash flows from financing activities Decrease in other financial liabilities (2 924) (1 427) Dividends paid (2 778) - Increase in stated capital share capital 308 398 - Net Cash from financing activities 302 696 (1 427) Total cash and cash equivalents movement for the year 296 110 3 664 296 109 3 663 Cash and cash equivalents at the beginning of the year 7 000 3 336 6 999 Total cash and cash equivalents at end of the year 303 110 7 000 303 108 6 999 Segmental information Prev Prev Prev iously iously Ripple Prev iously Anchor publish Anchor publish Effect iously Elim- publish 2014 Group ed Capital ed 4 published inations Total ed Revenue 2 415 2 414 78 125 78 122 3 564 (1 737) 82 367 82 364 Operating expenses (2 912) (49 305) (49 302) (3 254) 1 737 (53 734) (53 370) Operating profit (497) 28 820 310 311 - 28 633 28 634 Other Income - 3 888 - - 3 888 Interest Income 1 033 1 032 289 290 - - 1 322 Share of profits from associates 340 138 - - 478 Finance Costs (396) (45) (46) - - (441) (442) Profit before tax 480 479 33 090 310 311 - 33 880 Anchor Anchor Ripple Effect 2013 Group Capital 4 Eliminations Total Revenue 3 168 27 134 2 760 (1 488) 31 574 Operating expenses (183) (22 555) (3 203) 1 488 (24 453) Operating profit 2 985 4 579 (443) - 7 121 Interest Income 11 57 - - 68 Share of profits from associates - - Finance Costs (173) - - - (173) Profit before tax 2 823 4 636 (443) - 7 016 Anchor Anchor Ripple Effect Previously 2014 Group Capital 4 Eliminations Total published Assets 319 579 91 891 3 857 (37 629) 377 698 Non-Current Assets 19 644 26 910 1 079 (3 554) 44 079 44 080 Current Assets 299 935 64 981 2 778 (34 075) 333 619 333 618 Liabilities 533 64 243 4 704 (44 870) 24 610 Non-Current Liabilities 215 43 992 - (43 360) 847 Current Liabilities 318 20 251 4 704 (1 510) 23 763 Equity 319 046 27 648 (847) 7 241 353 088 Anchor Anchor Ripple Previously Previously 2013 Group Capital Effect 4 published Eliminations Total published Assets 8 460 12 897 1 563 1 368 21 552 Non-Current Assets 1 928 1 008 756 (1 191) 4 883 Current Assets 6 532 11 889 807 2 559 16 669 Liabilities 6 298 6 838 2 941 2 560 13 517 Non-Current Liabilities - - - - - Current Liabilities 6 298 6 838 2 841 2 941 2 560 13 417 13 517 Equity 2 162 6 059 (1 278) (1 377) (1 192) 8 035 Notice of Annual General Meeting and Record Dates Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 10h00 on Friday, 26 June 2015 at 25 Culross Road, Bryanston, to transact the business as stated in the notice of AGM forming part of the integrated annual report. The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 19 June 2015 and the last day to trade in order to be eligible to vote at the AGM is accordingly Thursday, 11 June 2015. Johannesburg 15 June 2015 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 15/06/2015 11:36:00 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.