Revenue up
21% to R16.9bn

Trading profit
up 13% to R1.6bn

Operating profit
before net
impairment
losses R1.2bn
in line with FY21

Cash generated
from operations
before working
capital changes
down 11%
to R1.5bn

Complied with
quarterly group
funding covenants
for all quarters

Refinancing of Group debt package to be supported by a capital raise, net of rights issue and refinancing costs, of not less than R1.35bn by 31 March 2023

Net debt:EBITDA 2.85x
(threshold: ≤ 3.5x)
EBITDA:interest 3.94x
(threshold: ≥ 3.0x)