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Wed 23 Apr 2014, 17:45 COMBINED MOTOR HOLDINGS LIMITED - Headline Earnings Reconciliation for the year 28 February 2014
CMH 201404230033A
Headline Earnings Reconciliation for the year 28 February 2014

COMBINED MOTOR HOLDINGS LIMITED
Registration number: 1965/000270/06
Share code: CMH
ISIN: ZAE000088050
("the Company" or "the Group")

Following the release, earlier today, of the results of the Group for the year ended 28 February 2014
the Company has prepared the following reconciliation of headline earnings for the year ended 28
February 2014.


                                                                                  2014         2013

Weighted average number of shares in issue during year (‘000 shares)           108 057      108 531
Weighted average number of shares for dilution calculation (‘000 shares)       109 392      110 086

                                                                                           Restated
                                                                                 Group
                                                                                Group
                                                                                  2014         2013
                                                                                 R’000        R’000
Reconciliation of headline earnings
Total profit and comprehensive income                                          169 432      156 814
Non-trading items:
– impairment of goodwill                                                              –      15 000
– (profit)/loss on sale of plant and equipment
  – gross                                                                        (115)          542
  – impact of income tax                                                            32        (152)
Headline earnings                                                              169 349      172 204
Attributable to:
Equity holders of the Company                                                  169 357      172 200
Non-controlling interest                                                            (8)           4
                                                                               169 349      172 204
Earnings per share (cents)
Basic                                                                            156,8        144,5
Diluted basic                                                                    154,9        142,4
Headline                                                                         156,7        158,7
Diluted headline                                                                 154,8        156,4



23 April 2014

Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited

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