INTEGRATED ANNUAL REPORT FOR PHUTHUMA NATHI INVESTMENTS (RF) LIMITED

FINANCIAL REVIEW

MULTICHOICE SOUTH AFRICA HOLDINGS

PROPRIETARY LIMITED

This review summarises our nancial performance for the

past year.

PREPARATION OF RESULTS AND

ACCOUNTING POLICIES

The nancial results for the year ended 31 March

2017 have been prepared in accordance with

International Financial Reporting Standards (IFRS)

and the requirements of the Companies Act of

South Africa No 71 of 2008, as amended. Except

as noted in the summarised annual nancial

statements and the full annual nancial

statements, accounting policies are consistent

with those applied in the previous period

and IFRS.

SUMMARISED AND FULL ANNUAL

FINANCIAL STATEMENTS

The summarised annual nancial statements

appear on

of this integrated

annual report.These are not the statutory

accounts of the group and do not contain all the

disclosures required by IFRS.They are also not a

substitute for, and should be read with, the full

annual consolidated nancial statements for a

complete understanding of the group’s results.

The summarised and full annual nancial

statements have been prepared under the

supervision of the group chief nancial of cer,

Uvashni Raman CA(SA), and have been audited

by the company’s independent external auditor,

PricewaterhouseCoopers Inc., whose unquali ed

report is available for inspection at the registered

of ce of the company – address details are on

The full annual nancial statements for the year

to 31 March 2017 are published on our website

)

. Printed copies are

available from the company’s secretariat (contact

details on

MultiChoice South Africa Holdings Proprietary Limited

Integrated annual report 2017