HIGHLIGHTS

PAID PATIENT DAYS (PPD): +6,1%   REVENUE: +11,5% TO R10 937 MILLION   OPERATING PROFIT: +17,0% TO R2 542 MILLION   CASH GENERATED FROM OPERATIONS:
+18,7% TO R3 042 MILLION
  NORMALISED EARNINGS PER SHARE: +15,8% TO 138,1 CENTS   FINAL DIVIDEND:
60 CENTS
TOTAL DIVIDEND:
105 CENTS

COMMENTARY

Growth

Life Healthcare continued to grow its business and improve operational efficiencies during 2012, delivering strong financial results. Activities as measured by hospital paid patient days (“PPDs”) increased by 6,1% as a result of an increased demand for hospital services, the expansion of our acute hospital, mental health and acute rehabilitation facilities and the inclusion of Life Midmed which became a subsidiary in August 2011. An additional 311 registered beds have been added to the business during the financial year ended 30 September 2012 to cater for the increased demand, including the opening of Life Piet Retief and two mental health facilities; Life St Josephs and Life Poortview. The total number of registered beds at 30 September 2012 was 8 227 (2011: 7 916).

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FINANCIAL STATEMENTS

Condensed consolidated statement of comprehensive income
Condensed consolidated statement of financial position
Condensed consolidated statement of changes in equity
Condensed consolidated statement of cash flows
Condensed consolidated statement of changes in equity
Segment report
 

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