PREPARATION OF RESULTS AND
ACCOUNTING POLICIES
The financial 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 (the Act), as amended.
Except as noted in the summarised annual
financial statements and the full annual
financial statements, accounting policies are
consistent with those applied in the previous
period and IFRS.
SUMMARISED AND FULL ANNUAL
FINANCIAL STATEMENTS
The summarised annual financial statements
appear on
pages 88 to 93of this integrated
report. The summarised annual financial
statements are not the statutory accounts of
Phuthuma Nathi Investments (RF) Limited (PN)
and do not contain all the disclosures required
by IFRS. The summarised financial statements
are also not a substitute for and should be read
together with the full annual financial
statements to obtain a complete
understanding of the results.
The summarised and full annual financial
statements have been prepared under the
supervision of the MultiChoice South Africa
Holdings group chief financial officer,
Uvashni Raman CA(SA), and have been audited
by the independent external auditor,
PricewaterhouseCoopers Inc., whose
unqualified report is available for inspection at
the registered office of the company – address
details are o
n page 103.
The full annual financial statements for the
year ended 31 March 2017 are on our website
( www.phuthumanathi.co.za). Printed copies
are available from the company’s secretariat
(details o
n page 103).
PHUTHUMA NATHI INVESTMENTS (RF) LIMITED
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Phuthuma Nathi Investments (RF) Limited
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Integrated annual report 2017
FINANCIAL REVIEW




