TMT - Trematon Capital Investments Limited - Trading statement
TMT
TMT
TMT - Trematon Capital Investments Limited - Trading statement
Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1997/008691/06
Share code: TMT
ISIN: ZAE000013991
("Trematon" or "the Company")
TRADING STATEMENT
Shareholders are advised that Trematon`s earnings and headline earnings per
share for the year ended 31 August 2008 will be 19.7 cents per share and 5.5
cents per share compared to 4.6 cents per share and 1.5 cents per share for the
previous comparable period, being the year ended 31 August 2007. The net asset
value of the company increased from 84 cents per share for the previous
comparable period to 88 cents per share.
The increase in net asset value and earnings per share is mainly due to:
- a change in the effective percentage shareholding of SA REIT Ltd giving rise
to a release of fair value gains to the income statement; and
- a change in the basis of accounting for Club Mykonos Langebaan Ltd which was
consolidated for the first time.
The above are accounting adjustments and had no impact on cash flow during the
period.
The increase in headline earnings is mainly due to fees earned during the
period.
The financial information in this trading statement has not been reviewed by the
company`s auditors. The audited year end results will be published on or about
19 November 2008.
Cape Town
17 November 2007
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 17/11/2008 16:43:01 Produced by the JSE SENS Department.
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