Slide 1: Interim Results for the six months ended 31 August 2017
BALWIN PROPERTIES LIMITED Incorporated in the Republic of South Africa Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the Company”) INTERIM RESULTS for the six months ended 31 August 2017
Slide 2: Reconciliation of Headline Earnings
RECONCILIATION OF HEADLINE EARNINGS FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Restated Unaudited unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 28 February 2017 2016 2017 Basic and headline earnings per share Basic (cents) 35 50 141 Headline (cents) 35 50 140 T
Slide 3: Condensed Consolidated Statement of Comprehensive Income
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Restated Unaudited unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 28 February 2017 2016 2017 R’000 R’000 R’000 Revenue 894 077 986 635 2 702 153 Cost of sales (60
Slide 4: Condensed Consolidated Statement of Financial Position
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2017 Restated Unaudited unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 28 February 2017 2016 2017 R’000 R’000 R’000 ASSETS Non-current assets Property, plant and equipment 52 116 43 877 43
Slide 5: Condensed Consolidated Statement of Changes in Equity
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Foreign currency Restated Restated Share translation retained total capital reserve income equity R’000 R’000 R’000 R’000 Balance at 1 March 2016 (Audited) 661 854 (834) 841 171 1 502 191 Total comprehensiv
Slide 6: Condensed Consolidated Statement of Cash Flows
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Unaudited Unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 29 February 2017 2016 2017 R’000 R’000 R’000 Cash flows from operating activities Cash generated from/(used in) ope
Slide 7: Segmental Analysis
SEGMENTAL ANALYSIS FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Restated Unaudited unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 28 February 2017 2016 2017 R’000 R’000 R’000 UNITED KINGDOM Segmental statement of financial position Assets Cash and cash equivalents
Slide 8: Notes to the Condensed Consolidated Statements
NOTES TO THE CONDENSED CONSOLIDATED STATEMENTS FOR THE SIX MONTHS ENDED 31 AUGUST 2016 1. Basis of preparation The unaudited condensed consolidated interim financial statements have been prepared in accordance with and containing the information required by IAS 34: Interim Financial Reporting as wel
Slide 9: Interim Dividend and Share Capital
4. Interim dividend Notice is hereby given that the Board have declared a gross dividend of 10 cents per ordinary share, payable out of the income reserves for the period ended 31 August 2017 to shareholders in accordance with the timetable below. Date Declared Monday, 20 November 2017 Cum dividend
Slide 10: Notes to the Condensed Consolidated Statements Continued
NOTES TO THE CONDENSED CONSOLIDATED STATEMENTS CONTINUED FOR THE SIX MONTHS ENDED 31 AUGUST 2017 Unaudited Unaudited Audited Six months ended Six months ended 12 months ended 31 August 31 August 28 February 2017 2016 2017 R’000 R’000 R’000 6. Related party disclosure Related party balances Related p
Slide 11: Fair Value Information and Financial Instruments
7. Fair value information Fair value hierarchy The different levels are defined as follows: Level 1: Quoted unadjusted prices in active markets for identical assets or liabilities that the Group can access at measurement date. Level 2: Inputs other than quoted prices included in Level 1 that are obs
Slide 12: Notes Continued: Board of Directors, Change in Accounting Policy
NOTES TO THE CONDENSED CONSOLIDATED STATEMENTS CONTINUED FOR THE SIX MONTHS ENDED 31 AUGUST 2017 9. Board of directors The following changes to the board of directors were effected during the reporting period: • Mr Tomi Amosun was appointed as an independent non-executive director on 16 May 2017 • M
Slide 13: Corporate Information
CORPORATE INFORMATION BALWIN PROPERTIES LIMITED Registered office Incorporated in the Republic of South Africa Block 1, Townsend Office Park Registration number 2003/028851/06 1 Townsend Avenue Share code: BWN Bedfordview ISIN: ZAE000209532 Private Bag X4, Gardenview, 2047 (“Balwin” or “the Company”
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