| Tue 3 Apr 2012, 17:33 | | MVS - Mvelaserve Limited - Voluntary Announcement |
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MVS
MVS
MVS - Mvelaserve Limited - Voluntary Announcement
MVELASERVE LIMITED
("Mvelaserve")
(Incorporated in the Republic of South Africa)
(Registration number: 1999/003610/06)
Ordinary share code: MVS
Ordinary share ISIN: ZAE000151353
VOLUNTARY ANNOUNCEMENT
It was brought to our attention that the following was contained in the
annual financial statements for the year ended 30 June 2011.
Note 25 to the financial statements made reference to Normalised earnings
per share of 131,4 cents (2010: 112,4 cents) which was calculated by
adjusting the Headline profit attributable to owners of the parent by
exceptional items. In calculating these values net exceptional income to the
value of R47 million had been adjusted relating to continued operations, but
no adjustment was made for income, including exceptional income, from
discontinued operations of R45 million. Had the income from discontinued
operations been eliminated, the normalised earnings per share would have
been 99,4 cents. Normalised earnings per share are not an International
Financial Reporting Standards measurement and were included in the financial
statements as additional disclosure to shareholders. The above does not have
an effect on the disclosed earnings per share of 87,8 cents (2010: 112,7
cents) or headline earnings per ordinary share of 159,8 cents (2010: 112,4
cents).
03 April 2012
Sponsor:
Investec Bank Limited
Date: 03/04/2012 17:33:11 Produced by the JSE SENS Department.
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