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STELLAR CAPITAL PARTNERS LIMITED - Financial results for the year ended 30 June 2021

Release Date: 27/08/2021 09:30
Code(s): SCP     PDF:  
Wrap Text
Financial results for the year ended 30 June 2021

STELLAR CAPITAL PARTNERS LIMITED 
Incorporated in the Republic of South Africa 
(Registration number 1998/015580/06) 
Share code: SCP 
ISIN: ZAE000198586 
 
FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2021 
 
Stellar Capital Partners Limited ("Stellar Capital" or "the Group"), an investment holding company, has published its summarised 
results for the year ended 30 June 2021, a summary of which is set out below.  
 
Stellar Capital's key financial measurements are detailed below: 

                                                  Audited         Audited                   
                                                    as at           as at     % increase /         
                                             30 June 2021    30 June 2020       (decrease) 
Net asset value (R'000)                         1,150,410       1,139,997             0.9% 
Net asset value per share (Rand)                     1.29            1.31            -1.5% 

Stellar Capital's other financial measurements are detailed below: 
 
                                                      Audited year        Audited year                          
                                                             ended               ended                           
                                                      30 June 2021        30 June 2020    % increase 
Gross profit / (loss) from investments (R'000)              62,972             (5,798)         1186% 
Profit / (loss) for the year (R'000)                        10,413            (31,187)          133% 
Earnings / (loss) per share (cents)                           1.25              (3.09)          140% 
Headline earnings / (loss) per share (cents)                  1.25              (3.09)          140% 
                                                                                                                            
No ordinary dividends were declared or paid during either reporting periods. 
 
The independent auditor's report includes a section on key audit matters. The key audit matter raised in the auditor's report 
relates to the valuation of unlisted investments. 
 
BDO South Africa Incorporated has issued an unmodified audit opinion on the audited financial statements for the year ended 
30 June 2021. Their audit opinion, together with the accompanying financial statements, can be viewed on the Company's website 
http://www.stellarcapitalpartners.co.za/wp-content/uploads/2021/08/SCP-JUNE2021-AFS.pdf which also provides more details 
on the key audit matters on page 12. 
 
This unaudited short-form announcement is the responsibility of the directors. It is only a summary of the information contained 
in the full announcement and does not contain full or complete details. Furthermore, this short-form results announcement has 
not been reviewed or reported on by Stellar Capital's auditors but has been extracted from the audited financial statements of 
the Group for the year ended 30 June 2021.  
 
Any investment decision should be based on the full announcement accessible from Friday, 27 August 2021, via the JSE link at 
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/SCP/FY21.pdf and also available on the Company's website at 
(http://www.stellarcapitalpartners.co.za/financial-results/). 
 
The full announcement is also available for inspection to shareholders and investors at no charge, during normal business hours 
from Friday, 27 August 2021 at the physical office of Stellar Capital, Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape 
Town as well as the offices of Stellar Capital's sponsor, Rand Merchant Bank (a division of FirstRand Bank Limited), 1 Merchant 
Place, Cnr Rivonia Road and Fredman Drive, Sandton, Johannesburg. Shareholders and investors are encouraged to review the full 
announcement, as a whole, in making any investment decisions. 

By order of the Board 
 
27 August 2021 
 
Sponsor 
Rand Merchant Bank (a division of First Rand Bank Limited) 
Date: 27-08-2021 09:30:00
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