Commentary

Netcare Limited announces unaudited Group interim results for the six months ended 31 March 2009. These results have been prepared in accordance with International Financial Reporting Standards (IFRS) and are in compliance with IAS 34 Interim Financial Reporting, the Listings Requirements of the JSE Limited (JSE) and the South African Companies Act, 1973, as amended.

Netcare is an investment holding company operating the largest private hospital network in South Africa (SA) and the United Kingdom (UK). The Company has been listed on the JSE since 1996. In SA, Netcare operates a portfolio of private hospitals, a primary care network and medical emergency services. In the UK, through the General Healthcare Group (GHG), Netcare operates as a private acute care hospital provider and an independent service provider to the National Health Service (NHS).

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Group financial highlights

+12%
Revenue
2009: R11 619 million
2008: R10 343 million

+15%
Operating profit
2009: R1 822 million
2008: R1 584 million

+14%
Capital reduction
2009: 16,0 cents
2008: 14,0 cents

Financial Statements

arrow Group balance sheet
arrow Group income statement
arrow Group cash flow statement
arrow Group statement of recognised income and expense
arrow Headline earnings
arrow Notes

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