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Financial results for the period ended 31 August 2016 (restated) –
Short-form announcement
MIDDLE EAST DIAMOND RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: MED ISIN: ZAE000211876
(“MEDR” or “the company” or “the group”)
Financial results for the period ended 31 August 2016 (restated) –
short-form announcement
Financial Highlights
Restated Previously
reported
31 Aug 2016 31 Aug 2016 Change
Revenue - - -
EBITDA (1 526 468) (1 526 468) -
Basic earnings per share (cents) (0.35) (0.35) -
Headline earnings per share (cents) (0.35) (0.35) -
Net asset value per share (cents) (0.82) (0.75) (9.3%)
Net tangible asset value per share (cents) (0.82) (0.75) (9.3%)
Restatement of unaudited results for the period 31 August 2016
The unaudited financial results for the period ended 31 August 2016, which was released on SENS
on 7 December 2016, has been restated due to the following items:
Effect on Effect on
Statement of Statement of
Comprehensive Financial
Income Position
Decrease in Outside Shareholders Interest (Credit) - (324 989)
Increase in Accumulated loss (Debit) 324 989 -
Decrease in Financial Assets (Credit) - (153 780)
Decrease in Cash and cash equivalents (Credit) - (1 200)
Decrease in Other Financial Liabilities (Debit) 154 980 -
The restatement did not affect the Statement of Comprehensive Income as previously reported.
Short-Form Statement
This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.
Any investment decision should be based on the full announcement accessible from 26 February
2021, via the JSE link and also available on the Company’s website at:
http://www.medr.co.za/wp-content/uploads/2021/02/MEDR-Long-form-Interim-report-Aug-2016.pdf
Copies of the full announcement may also be requested by contacting Ms Claire Middlemiss by email
at cmiddlemiss001@gmail.com and are available for inspection at the Company’s registered office
at no charge, weekdays during office hours.
The JSE link is as follows:
https://senspdf.jse.co.za/documents/2021/jse/isse/mede/int16.pdf
26 February 2021
Sandton
Sponsor
Exchange Sponsors
Date: 26-02-2021 08:57:00
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