Sharenet Sites 
Sharenet Sites
Further Trading Statement
Alaris Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/011142/06)
Share code: ALH ISIN: ZAE000201554
(“Alaris” or “Company”)
FURTHER TRADING STATEMENT
Shareholders are referred to the trading statement released on SENS on 14 September 2015 and are
advised that the accounting treatment of the Aucom contingent consideration will be changed. The result
will be the reversal of the contingent consideration liability, acquisition reserve and related fair value
adjustment in the 2014 financial statements, with related impacts on Earnings per Share (“EPS”) and
Headline Earnings per Share (“HEPS”).
The change in accounting treatment has impacted Management’s expectations of EPS and HEPS for the
year ended 30 June 2015.
Accordingly, shareholders are advised that:
- EPS is expected to be between a loss of 4.91 cents and a profit of 0.91 cents, reflecting an
increase of between 93% and 101% compared to the loss per share of 72.61 cents for the year
ended 30 June 2014; and
- HEPS is expected to be between 14.18 cents and 15.82 cents, reflecting an increase of between
273% and 293% compared to the headline loss per share of 8.21 cents for the year ended 30 June
2014.
Furthermore, due to the fact that the results for the year ended 30 June 2014 will be restated, shareholders
are advised to treat the percentage increases as detailed above with caution until the 2015 year-end results
announcement containing such restatements is released on SENS. The 2015 year-end results
announcement is expected to be released on SENS on or about 30 September 2015.
Due to the accounting complexities of the Aucom transaction and resulting restatement, management
calculated a normalised earnings per share to reflect the earnings from day to day operations to assist
shareholders in understanding the underlying Group performance. The above complexities do not affect the
normalised earnings and therefore this number will be reported on in future.
- Normalised earnings per share from continuing businesses is expected to be between 14.8 and
18.0 cents.
Normalised earnings is calculated by adjusting profit for the fair value adjustment of the contingent
consideration asset, goodwill impairment, loss on discontinued operations and profit (net after tax) on
disposal of Compart and legal and consulting fees for acquisitions and disposals.
Normalised earnings per share is calculated by dividing normalised earnings by the weighted average
number of ordinary shares in issue.
The financial information on which this trading statement is based has not been reviewed or reported on by
Alaris’ auditors.
Johannesburg
29 September 2015
Designated Adviser
Merchantec Capital
Date: 29/09/2015 03:23:00 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.
