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CSG HOLDINGS LIMITED - Posting of annual report and notice of AGM

Release Date: 04/09/2015 16:30
Code(s): CSG     PDF:  
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Posting of annual report and notice of AGM

CSG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/011359/06)
JSE code: CSG ISIN: ZAE000184438
("CSG" or “the Company”)


POSTING OF CSG’S INTEGRATED REPORT AND DETAILS OF THE ANNUAL GENERAL MEETING
(“AGM”)

CSG shareholders (“Shareholders”) are advised that further to CSG’s reviewed provisional condensed
consolidated results for the year ended 31 March 2015, published on Monday, 1 June 2015 (“Results”),
CSG’s audited annual financial statements for the year ended 31 March 2015 (“AFS”) as contained in the
integrated annual report 2015 (“Integrated Report”) have been distributed to Shareholders today, 4
September 2015.

In preparing the AFS, no changes were made to the information published in the Results, save for certain
immaterial reclassifications to the consolidated statement of cash flows. The revised audited consolidated
statement of cash flows as per the AFS in comparison to the reviewed group statement of cash flows as set
out in the Results is set out below:

                                                                   Audited as     Reviewed       Change
                                                                     per AFS         as per
                                                                                    Results
                                                                        Year           Year
                                                                       ended         ended
                                                                    31 March      31 March
                                                                        2015           2015
                                                                       R’000          R’000

Cash flows from operating activities                                    88 829        87 563        1 266
Cash generated by operations                                          127 976       126 709         1 267
Interest received                                                        3 549         3 549             -
Interest paid                                                          (3 086)       (3 086)             -
Taxation paid                                                         (39 610)      (39 609)           (1)

Cash flows from investing activities                                  (35 017)      (34 185)        (832)
Net investment in property, plant and equipment                       (10 062)       (9 230)        (832)
Net investment in intangible assets                                      (876)         (876)            -
Cash purchase consideration made relating to SSS acquisition           (4 000)       (4 000)            -
Cash flow from business combinations                                  (20 079)      (24 500)       4 421
Net cash acquired through business combinations                              -         4 421      (4 421)

Cash flows from financing activities                                  (17 564)         1 458        (434)
Dividend paid                                                         (22 965)      (22 965)            -
Purchase of treasury shares                                            (1 395)             -      (1 395)
Movement in interest bearing liabilities and related party loans        25 384        24 423          961

Increase in cash resources                                             54 836         54 836             -
Cash resources at beginning of period                                  27 027         27 027             -
Cash resources at end of period                                        81 863         81 863             -

Cash resources                                                         81 863         81 863             -
Bank and call deposits                                                 88 109         88 109             -
Bank overdraft and invoice discounting                                 (6 246)        (6 246)            -
Notice of AGM

Notice is hereby given that the AGM of Shareholders will be held at CSG’s office, Pretoria on Monday, 16
November 2015 at 10:00 for the purpose of conducting the business as stated in the notice of AGM forming
part of the Integrated Report.

Record dates

The notice of AGM was posted to Shareholders who were recorded as such in the Company's securities
register on, Friday 4 September 2015.

The date on which Shareholders must be recorded as such in the Company's securities register in order to
attend and vote at the AGM is Friday, 6 November 2015. The last day to trade in order to be entitled to vote
at the AGM is Friday, 30 October 2015. Proxy Forms must be lodged by no later than 10:00 on Thursday,
12 November 2015.


Johannesburg
4 September 2015

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

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