| Fri 26 Feb 2010, 15:48 | | BWK - Buildworks Group Limited - No material change statement and notice of |
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BWK
BWK
BWK - Buildworks Group Limited - No material change statement and notice of
annual general meeting
Buildworks Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
Share code: BWK ISIN: ZAE000110219
("Buildworks" or "the company" or "the group")
No material change statement and notice of annual general meeting
Shareholders are advised that the company`s annual report, incorporating the
group audited financial statements for the period ended 31 August 2009, was
dispatched today and contains the following non-material changes to the group
reviewed results, which were announced on SENS on Tuesday, 17 November 2009:
A final review of the consolidated cash flow statement identified misallocations
between cash flows from operating activities, cash flows from investing
activities and cash flows from financing activities in the cash flow statement
which were corrected as follows:
1).the re-allocation of acquisition expenses in respect of the acquisition
of Consolidated Power Projects (Proprietary) Limited between operating and
2) investing activities; and
the re-allocation of the movement in financial assets between investing
and financing activities.
The abridged consolidated cash flow statement which was contained in the SENS
announcement dated Tuesday, 17 November 2009 and the amended abridged
consolidated cash flow statement, after taking into account the affects of the
above, are presented as follows:
Abridged consolidated cash flow statement
Per the SENS Per the annual
announcement report
Reviewed Year ended Audited Year ended
31 August 2009 31 August 2009
R`000 R`000
Cash flows from operating 153,070 155,753
activities
Cash flows from investing (220,026) (236,222)
activities
Cash flows from financing 244,652 258,165
activities
Net increase in cash and cash 177,696 177,696
equivalents
The annual report contains a notice of annual general meeting for the Company,
which will be held at 6A Sandown Valley Crescent, Gauteng at 10h00 on Thursday,
15 April 2010.
26 February 2010
Designated advisor
Java Capital (Proprietary) Limited
Date: 26/02/2010 15:48:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
