CONDENSED CONSOLIDATED REVIEWED PROVISIONAL ANNUAL RESULTS Gooderson Leisure Corporation Limited
CONDENSED CONSOLIDATED REVIEWED PROVISIONAL ANNUAL RESULTS for the year ended 28 February 2014 Gooderson Leisure Corporation Limited GOODERSON LEISURE CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1972/004241/06) (JSE code: GDN ISIN: ZAE000084984) (“Gooderson” or “the company” or “the group”) GROUP FINANCIAL PERFORMANCE Revenue of R120.25 million up 9% EBITDA of R16.22 million up 19% HEPS 5.26 cents up 32% Cash generated from operations up 74% to R16.80 million NAV of 154.73 Gooderson Leisure Corporation Limited P a g e | 2 Condensed Consolidated Reviewed Provisional Annual Results For the year ended 28 February 2014 CONDENSED CONSOLIDATED REVIEWED STATEMENT OF FINANCIAL POSITION AS AT 28 February 2014 28 February 2013 Reviewed Audited R R ASSETS Non-current assets 253,257,393 238,034,741 Property, plant and equipment 221,906,783 207,702,994 Goodwill 999,563 999,563 Investments in associates 1,063,729 817,725 Timeshare development 15,691,650 15,863,429 Deferred tax 6,429,425 5,883,484 Long term debtors 7,166,243 6,767,546 Current assets 20,708,880 28,019,321 Inventories 2,020,617 1,744,606 Other financial assets 175,000 175,000 Current tax receivable 38,353 507,620 Trade and other receivables 15,156,857 16,125,034 Cash and cash equivalents 3,318,053 9,467,061 Total Assets 273,966,273 266,054,062 EQUITY AND LIABILITIES Equity capital and reserves 186,157,385 181,532,902 Share capital 16,276,235 15,916,235 Reserves 76,286,417 76,296,646 Retained income 93,594,733 89,320,021 Non-current liabilities
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