HOSPITALITY PROPERTY FUND LIMITED - Change statement and publication of annual financial statements

Change statement and publication of annual financial statements

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
JSE share code: HPB  ISIN: ZAE000214656
(Approved as a REIT by the JSE)
(“Hospitality” or the “company”)


CHANGE STATEMENT AND PUBLICATION OF ANNUAL FINANCIAL STATEMENTS


Shareholders are advised that Hospitality’s audited annual financial statements (“audited results”) report 
for the period ended 31 March 2017 was dispatched to shareholders today and is available on the company’s
website – www.hpf.co.za. The only change from the reviewed condensed consolidated financial results for the
period ended 31 March 2017 (“reviewed results”) released on SENS on 24 May 2017 is noted below:

A Nedbank loan, identified as loan 04, to the value of R150 million which expires in February 2018, was
previously disclosed under non-current liabilities in the reviewed results. The loan has been reclassified to
current liabilities in the audited results. The total liabilities balance remains R 1 857 560 000 in both the
reviewed results and audited results. No other balances or amounts were affected by this reclassification.

Extracts from the reviewed and audited results

                                           Audited results      Reviewed results             Difference
                                                    R’000                 R’000                   R’000
Liabilities
Non-current liabilities 
Interest-bearing liabilities                    1 488 493             1 638 493                (150 000)
Current liabilities
Interest-bearing liabilities                      230 000                80 000                 150 000

31 August 2017


Sponsor
Java Capital

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