NUTRITIONAL HOLDINGS LIMITED - Change Statement

Release Date: 10/07/2018 07:15
Code(s): NUT
 
Wrap Text
Change Statement

NUTRITIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2004/002282/06)
Share code: NUT
ISIN: ZAE000156485
(“NUT” OR “the Company”)

CHANGE STATEMENT

Shareholders of the Company (“Shareholders”) are hereby referred to the announcement
released on SENS on 29 June 2018 wherein the Company advised that the Company’s
integrated annual report (“Integrated Report”), incorporating the full audited consolidated
annual financial statements of the Company for the year ended 28 February 2018 (“Annual
Financial Statements”) and the notice of the annual general meeting of the Company
(“AGM”) contained no modifications to the results which were announced on SENS on 30
May 2018 (“SENS Announcement”).

Shareholders are hereby advised of the following modifications between the Annual Financial
Statements and the SENS Announcement:

1. On the Statement of Financial Position the Deferred tax asset and Deferred tax liability
were different due to an allocation error between the Asset and Liability:

                                              SENS          Integrated
                                           Announcement       Report      Difference
                                               R'000          R'000         R'000
 Deferred tax asset                            5,568          5,424           144
 Deferred tax liability                       (5,568)        (5,424)         (144)
 Net deferred tax balance                        -               -             -

2. On the Statement of Cash flows the disclosure on the disposal of the subsidiary needed to
be amended in the Integrated Report. The difference in disclosure is as follows:

                                              SENS          Integrated
                                           Announcement       Report      Difference
                                               R'000          R'000         R'000
 Disposal of Subsidiary                        2,771           287         2,484
 Cash flow from operating activities          (5,905)       (3,421)       (2,484)
 Combined cash flow effect                    (3,134)       (3,134)          -

Johannesburg
10 July 2018

Designated Advisor
PSG Capital

Date: 10/07/2018 07:15:00 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.

Email this JSE Sens Item to a Friend.

Share This Story