Page 57 - Niveus - Integrated report 2013

ANNUAL FINANCIAL STATEMENTS
Discontinued operations
The R9,6 million loss on the sale of Formex is, together with the after-tax loss of R6,6 million for the six-month period from
July to December 2012, reported as a loss from discontinued operations in the current year results. As the interest in Formex
was only obtained during the current financial year, comparative figures were not restated. The loss on the sale was added back
for HEPS from discontinued operations.
Comparative figures
The comparative figures are not comparable to the results for this year due to the acquisition of interest in Galaxy Bingo, the
acquisition of a controlling interest in KWV and the acquisition and disposal of Formex.
SELECTED EXPLANATORY NOTES TO THE SUMMARISED
FINANCIAL STATEMENTS
(
continued)
Niveus Investments Limited integrated Report 2013
53