UNAUDITED GROUP RESULTS for the six months ended 31 March 2020

Tiger Brands Logo

NOTES

4. ABNORMAL ITEMS

R'million       Unaudited 
six months 
ended 
31 March 
2020 
   Restated 
unaudited 
six months 
ended 
31 March 
2019#
  Audited 
year ended 
30 September 
2019 
 
Profit on disposal of property     43,0    –    –   
Early settlement of lease liability     10,7    –    –   
Profit on disposal of shares in associate investment     –    281,9    368,8   
Loss on disposal of investment     (0,3)   –    –   
Loss on disposal of intangible asset     (0,6)   –    –   
Restructuring and related costs     (2,6)   (27,9)   (32,1)  
Davita legal settlement provision     (71,4)   –    –   
Realised fair value gain on unbundling of Oceana     –    –    1 630,4   
Costs associated with Enterprise product recall     –    (25,0)   (25,0)  
Proceeds from insurance claim     –    99,9    99,9   
      (21,2)   328,9    2 042,0   
# Restated as required by IFRS 5 in relation to the treatment of Deli Foods Nigeria Limited (Deli Foods) (International operations – West Africa) as a discontinued operation. Refer to note 7.