KWV INVESTMENTS LIMITED
(REGISTRATION NUMBER 1979/007263/06)
PROFIT ANNOUNCEMENT AND DIVIDEND DECLARATION
FOR THE SIX MONTHS ENDED 31 DECEMBER 2000
UNAUDITED AUDITED
SIX MONTHS YEAR
ENDED ENDED
31 DECEMBER 30 JUNE
2000 1999 2000
R'000 R'000 R'000
PROFIT BEFORE TAXATION 6 840 12 105 36 084
TAXATION (4) (4) (10)
PROFIT AFTER TAXATION 6 836 12 101 36 074
EQUITY ACCOUNTED EARNINGS 29 257 51 385 45 439
NET PROFIT ATTRIBUTABLE TO
ORDINARY SHAREHOLDERS 36 093 63 486 81 513
ADJUSTED FOR HEADLINE EARNINGS
INTEREST IN EXCEPTIONAL ITEM
OF ASSOCIATE 9 669 (6 100) (12 552)
HEADLINE EARNINGS 45 762 57 386 68 961
CENTS CENTS CENTS
EARNINGS PER SHARE 85,9 151,2 194,1
HEADLINE EARNINGS PER SHARE 109,0 136,9 164,2
HEADLINE EARNINGS
PER SHARE EXCLUDING EQUITY
ACCOUNTED EARNINGS 16,3 28,8 85,9
DIVIDEND PER SHARE 16,76 28,0 86,0
PARTICULARS OF ASSOCIATES
THE MOST IMPORTANT ASSET OF THE COMPANY IS AN EFFECTIVE INTEREST OF 16,6% IN
THE ISSUED SHARE CAPITAL OF DISTILLERS CORPORATION (SA) LIMITED. EACH ISSUED
SHARE IN KWV INVESTMENTS LIMITED REPRESENTS 1,397 ISSUED SHARE IN DISTILLERS
CORPORATION (SA) LIMITED. THE DIVIDEND INCOME OF KWV INVESTMENTS LIMITED IS
SOURCED SOLELY FROM THIS COMPANY.
DECLARATION OF INTERIM DIVIDEND
NOTICE IS HEREBY GIVEN THAT THE BOARD OF DIRECTORS DECLARED AN INTERIM DIVIDEND
OF 16,76 CENTS PER SHARE ON 20 FEBRUARY 2001. THIS DIVIDEND WILL BE PAID ON 23
MARCH 2001 TO SHAREHOLDERS REGISTERED AS SUCH ON 16 MARCH 2001.
THE INTERIM FINANCIAL REPORT WILL BE MAILED TO SHAREHOLDERS ON OR BEFORE 31
MARCH 2001.
SIGNED ON BEHALF OF THE BOARD OF DIRECTORS
LN JONKER DR WJ BARNARD
CHAIRMAN DIRECTOR
PAARL
20 FEBRUARY 2001
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