Slide 1: Naspers Limited Detailed Financials
Naspers Limited Detailed Financials For the six months ended 30 September 2022
Slide 2: Important information
Important information This report contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995 concerning our financial condition, results of operations and businesses. These forward-looking statements are subject to a number of risks and uncer
Slide 3: Our Group strategy is a strength in this period of increased volatility
Our Group strategy is a strength in this period of increased volatility Building global technology leaders, addressing big societal needs in high growth markets Operating businesses Investments Consistently compounding value over time and growing NAV per share US$55bn total NAV1, ZAR4 606 NAV per sh
Slide 4: Prosus: Strong execution across businesses in 1H
Prosus: Strong execution across businesses in 1H We have achieved scale and profitability or breakeven at our core and are investing to amplify growth Classifieds Food Delivery Payments & Fintech Edtech 64% 39% 57% 30% 1H FY23 Revenue growth 1H FY23 Revenue growth 1H FY23 Revenue growth 1H FY23 Reve
Slide 5: Prosus focussed on investing inwards to new and existing opportunities
Prosus focussed on investing inwards to new and existing opportunities Prosus focused on organic investment into high potential businesses and purchasing it’s stock In this period Prosus funded segment growth initiatives though the P&L… 1H Last year 1H This year 4% US$5.3bn 11% US$231m 32% in M&A M&
Slide 6: Continued leadership in South Africa
Continued leadership in South Africa A leading SA’s popular online Africa’s foremost ZAR1.4bn early-stage E-TAILER FOOD DELIVERY MEDIA GROUP TECH INVESTMENT NEW LOGO: vehicle 12m +ZAR650m DAILY PAGE VIEWS INVESTED TO DATE >7 000 +9% YOY EMPLOYEES ORDER VOLUME 14 403 1 431 DRIVERS NUMBER OF PICK ‘N P
Slide 7: Takealot: Market share gains amid increased consumer pressure
Takealot: Market share gains amid increased consumer pressure GMV (US$’m)1 0% (15%) 702 700 Etail Food Fashion 1H FY22 1H FY23 Growth driven by Takealot.com’s 3P business, which grew 27%, while nominal growth impacted by negative FX Platform GMV Mr. D Food GMV Superbalist GMV +15% +13% +15% Trading
Slide 8: Media24: Stable topline as digital advertising growth slows
Media24: Stable topline as digital advertising growth slows Revenue (US$’m)1 -14% (0%) 129 111 1H FY22 1H FY23 South Africa’s leading Media Company Trading profit (US$’m)1 NETWERK24 paywall Online News subscriptions -67% (-67%) +18% Newspapers to 95.5k YoY Magazines 9 3 NEWS24 paywall 1H FY22 1H FY2
Slide 9: Growing South Africa's tech ecosystem
Growing South Africa’s tech ecosystem Latest investments made Valenture Institute Valenture Institute is a global private online high school offering a curriculum recognised by the world’s leading universities. The company launched UCT Online High School in 2022. ZAR108m investment 1.4BN Nile ZAR Ni
Slide 10: Creating digital skills and employment
Creating digital skills and employment Highlights ü Over 2 500 young people trained to date ü 2 471 youth transitioned into jobs 10k ü 22 youth entrepreneurs supported jobs to be created by 2026 • Equip unemployed youth with in- demand digital skills • Unlock job opportunities and prepare youth for
Slide 11: Financial Highlights
Financial Highlights +9% US$1.4bn Prosus: Robust revenue growth while Ecommerce core remained 1 profitable/breakeven, and investment was made into growth extensions REVENUE1 TRADING PROFIT1 2 Takealot: Strong local currency revenue growth while economic pressures widened trading margin US$17.0bn 1H
Slide 12: Naspers Economic Interest Results
Naspers Economic Interest Results Economic Interest Results from Continuing Operations Revenue Adjusted EBITDA Trading profit/(loss) US$’m 1H FY22 1H FY23 1H FY22 1H FY23 1H FY22 1H FY23 Prosus Group 16 323 16 527 3 498 2 183 2 784 1 416 Takealot 388 384 9 - (1) (13) Media 129 111 12 6 9 3 Corporate
Slide 13: Naspers balance sheet
Naspers balance sheet Current assets and liabilities (US$’m) Net cash as at 30 September 2022: FY22 1H FY23 US$756m Current assets Inventory 571 487 Trade receivables 318 519 0.1 Other receivables and loans 939 758 Cash/short-term cash investments 13 657 16 068 Assets held for sale 39 2 643 Total 15
Slide 14: Group portfolio
Group portfolio 43% economic interest based on Local SA assets the cross-holding agreement between Naspers and Prosus 100% 100% Ecommerce Social & internet platforms Payments & 28% Classifieds Food Delivery Etail Edtech Ventures Fintech 99% 1 100% 94% 80% 100% 22% 99% 100% 63% 2 62% 62% 13% 40% 74%
Slide 15: Glossary
Glossary FV: Fair value Consolidated earnings: Includes the results of subsidiaries only, companies which the group controls. FX: Forex Core Headline earnings: Core Headline Earnings is a non-IFRS measure and represent headline earnings for the period excluding certain non-operating items an
Slide 16: Contact us
Contact us Eoin Ryan Head of Investor Relations InvestorRelations@naspers.com https://www.naspers.com 16