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IPL
IPL
IPL - Imperial Holdings Limited - Notice of a correction to comparative
information in the published results for the period ended 30 June 2008
Imperial Holdings Limited
Registration number: 1946/021048/06
JSE share code: IPL
ISIN: ZAE000067211
("Imperial" or "the group")
NOTICE OF A CORRECTION TO COMPARATIVE INFORMATION IN THE PUBLISHED RESULTS FOR
THE PERIOD ENDED 30 JUNE 2008
The company wishes to advise that in the results as published on 27 August 2008,
there had been a misallocation in the amount of R199 million in the segment
information - income statement in respect of the 2007 financial year between
Distributorships and Head office & Eliminations. The effect of the
misallocation is summarized in the table below:
Distributorships
As stated Misallocation After
R million R million misallocation
R million
Operating expenses 15,421 199 15,620
(incl cost of
sales)
Operating profit 1,526 (199) 1,327
Profit before net 1,561 (199) 1,362
financing cost and
exceptionals
Profit before 1,376 (199) 1,177
Taxation and
Exceptional items
Head office & Eliminations
As stated Misallocation After
R million R million misallocation
R million
Operating expenses (1,575) (199) (1,774)
(incl cost of
sales)
Operating profit (223) 199 (24)
Profit before net (202) 199 (3)
financing cost and
exceptionals
Profit before (54) 199 145
Taxation and
Exceptional items
The above correction has no impact on the total operating profit and
attributable income as disclosed in the income statement for the year ended 25
June 2007.
RA Venter
Company Secretary
Bedfordview
28 August 2008
Sponsor to Imperial
MERRILL LYNCH SOUTH AFRICA (PTY) LIMITED
Date: 28/08/2008 08:11:01 Produced by the JSE SENS Department.
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