EBITDA for covenants R1.1bn down 48%
Trading profit R682m down 56% due to weak economies and the impact of COVID-19 in H2 2020

Operating loss R147m 2019: R402m operating profit
Loss for the year R4.2bn due to R4.0bn goodwill and asset impairments

Group funding covenants renegotiated, but with stringent conditions

Net proceeds from disposals and bonds R2.0bn used to reduce US$ denominated debt

Successful renewal of key contracts and meaningful export contracts secured for Bevcan

Operating capability sustained despite significant impact of the novel coronavirus (COVID-19) pandemic