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AFRICAN DAWN 2017

AFRICAN DAWN ANNUAL REPORT 2017 Balances on Reporting Date – Financial Position 2017 2016 2015 2014 Net recoverable debtors R ‘ 000 31,193 35,981 39,835 58,525 Cash R ‘ 000 1,983 3,005 15,397 5,358 Properties in possession R ‘ 000 15,853 18,247 22,968 24,748 Total Assets R ‘ 000 58,785 72,036 94,416 96,425 Long term loans R ‘ 000 6,316 7,829 13,298 8,844 Total Liabilities R ‘ 000 48,472 49,535 65,005 63,311 Net Asset Value R ‘ 000 10,313 22,501 29,411 33,114 Net Asset Value per share Cents *47 2.56 3.34 6.52 Share price trading at year - end Cents 50 2.00 8.00 9.00 Market capitalisation R ‘ 000 10,963 17,540 70,422 45,737 Number of shares in issue *21,925 877,002,273 880,270,597 508,184,155 Number of branches 12 12 13 15 Number of employees 71 75 78 97 6 Key Indicators Profitability – Comprehensive Income 2017 2016 2015 2014 Gross Profit R ‘ 000 36,625 36,490 39,881 35,736 Other Income R ‘ 000 1 387 3,910 7,417 959 Total income R ‘ 000 38 012 40,400 47,298 36,695 Operational expenses R ‘ 000 44 880 42,836 65,508 55,496 Net loss R ‘ 000 (12 188) (6,910) (33,012) (21,830) Basic (loss)/earnings per share Cents *(55,6) (0,79) (3,84) (4,11) Dividends Cents - - - - * Share consolidation @ 1 share per 40 held


AFRICAN DAWN 2017
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