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Fri 3 Apr 2009, 14:55 DYM - Dynamic Cables - Reviewed Results for the 12 Months Ended 31 December 2008
DYM
DYM                                                                             
DYM - Dynamic Cables - Reviewed Results for the 12 Months Ended 31 December 2008
DYNAMIC CABLES RSA LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/001807/06)                                            
Share code DYM & ISIN ZAE000028270                                              
("Dynamic Cables" or "the company")                                             
SUPPLEMENTARY INFORMATION - REVIEWED RESULTS FOR THE 12 MONTHS ENDED 31 DECEMBER
2008                                                                            
Supplementary Information                                                       
for the period ended 31 December 2008                                           
                                                  Reviewed         Audited      
12 months       12 months      
                                               31 December     31 December      
                                                      2008            2007      
Shares in issue (000`s)                              78 421          78 421     
Profit attributable to ordinary shareholders                                    
(R`000)                                             (3 837)           9 366     
Basic earnings per share (cents)                      (4,9)            11,9     
Headline earnings per share (cents)                     5,5            11,9     
Headline earnings per share reconciliation         R 000`s                      
Profit/(Loss) for the year                         (3 837)                      
Adjustments                                                                     
Impairment of preference shares                      8 191                      
Fair value adjustment of Investment Property         (262)                      
Mark to market fair value adjustment on listed                                  
Securities                                             183                      
Tax effect                                            (15)                      
Headline earnings                                    4 261                      
Number of shares in issue (000`s)                   78 421                      
Headline earnings per share (cents)                   5.5                       
Statement of Changes in Equity                                                  
for the period ended 31 December 2008                                           
                           Share       Share       Accumulated                  
                         capital     premium     profit/(loss)       Total      
                           R`000       R`000             R`000       R`000      
Balance at 1 January 2007                                                       
(Audited)                   3 247     100 075          (69 211)      34 865     
Profit for the year             -           -           9 366         9 366     
Issue of shares               674      14 015                 -      14 689     
Total changes                 674      14 015           9 366        24 055     
Balance at 31 December                                                          
2007                        3 921     114 843          (59 844)      58 920     
Reviewed                    R`000       R`000           R`000        R`000      
Balance at 1 January 2008                                                       
(Audited)                   3 921     114 843          (59 844)      58 920     
Profit for the year             -           -           (3 837)     (3 837)     
Issue of shares                 -           -                -           -      
Balance at 31 December                                                          
2008                        3 921     114 842          (63 681)      55 083     
Shareholders are referred to the announcement of the reviewed results of the    
company for the 12 months ended 31 December 2008, which was published on SENS on
30 March 2009 and in the press on 31 March 2009 from which the above information
was inadvertently omitted.                                                      
The provisional condensed financial statements for the year ended 31 December   
2008 published on 30 March 2009 read with the above information comply with IAS 
34, Interim Financial Reporting and the Listings Requirements of the JSE        
Limited.                                                                        
For and behalf of the board                                                     
T D Rai                                        R J McGregor                     
Chief Executive                                Company Secretary                
Cape Town                                                                       
3 April 2009                                                                    
Date: 03/04/2009 14:55:02 Produced by the JSE SENS Department.                  
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