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The non-IFRS performance measures are compiled in terms of the JSE Listings Requirements and the Guide on Pro Forma Financial Information, issued by SAICA and are the responsibility of the board of directors and are presented for illustrative purposes. Pro forma information presented on a non-IFRS basis has been extracted from the information underlying the Group’s consolidated financial statements, the quality of which the board is satisfied with.
Shareholders are advised that, due to the pro forma nature of the non-IFRS performance measures, they may not fairly present the Group’s financial position, changes in equity, results of operations or cash flows.
The non-IFRS performance measures have been prepared to illustrate the impact of changes in the recapitalisation transaction, Sale of advances to customers under post-paid contract device arrangements and core headline earnings.