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Netcare - Amendment To Sens Announcement Dated 17 November 2004
Release Date: 19/11/2004 16:50:47 Code(s): NTC
Netcare - Amendment To SENS Announcement Dated 17 November 2004
NETWORK HEALTHCARE HOLDINGS LIMITED
(Co. Reg. No. 1996/008242/06)
(`the Company` & `Netcare`)
Code : NTC
ISIN number : ZAE000011953
AMENDMENT TO SENS ANNOUNCEMENT DATED
17 NOVEMBER 2004
It has come to our attention that the column headings on `Key Financial
Information` were erroneously transposed in the SENS announcement dated 17
November 2004. To provide clarity, the information is shown correctly below -
`KEY FINANCIAL INFORMATION
Audited
Audited Restated
30 Sept 30 Sept
2004 2003
(Rm) (Rm)
Ordinary shares (millions)
In issue 1 425,8 1 530,7
Weighted average number of shares 1 479,7 1 428,8
Diluted weighted average number of shares 1 540,4 1 496,5
Distributions
Capital distributions (cents per share) 19,0 15,0
Other salient features
EBITDA margin before abnormal items (%) 18,2 19,1
EBIT margin before abnormal items (%) 15,1 15,9
Interest cover (times) 8,2 5,0
Effective taxation rate (%) 25,0 22,8
Operating profit return on net assets (%) 25,1 27,8
Return on ordinary shareholders` equity (%) 23,4 22,8
Debt/equity ratio (%) 41,5 29,6
Capital commitments (Rm) 388,3 185,4
Contingent liabilities (Rm) 372,8 153,0`
Sandton
19 November 2004
JOEL WOLPERT
Company Secretary
Tel No : (011) 301-0213
Fax No : (011) 301-0481
E-mail jwolpert@ho.netcare.co.za
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