Page 84 - SHBe20.vp

JSE – AFR Profile’s Stock Exchange Handbook: 2020 – Issue 2
WEBSITE: www.arm.co.za
African Rainbow Minerals Ltd. TELEPHONE: 011-779-1300
FAX: 011-779-1312
AFR
COMPANY SECRETARY: Alyson D’Oyley
TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
AUDITORS: Deloitte, Ernst & Young Inc.
BANKERS: ABSA Bank Ltd., FirstRand Bank Ltd.,
Scan the QR code to NedbankLtd.,StandardBankofSouthAfricaLtd.
visit our website
ISIN: ZAE000054045 SHORT: ARM CODE: ARI
REG NO: 1933/004580/06 FOUNDED: 1933 LISTED: 1988 SEGMENTAL REPORTING as at 31 Dec 19 (asa%of Sales)
Ferrous 58.48%
NATURE OF BUSINESS: Platinum 37.44%
Coal
4.04%
ARM is a diversified South African mining company with Corporate 0.04%
longlife, low unit-cost operations in key commodities. ARM,
its subsidiaries, jointventures, jointoperationsandassociates CALENDAR Expected Status
explore, develop, operate and hold interests in the mining and Next Final Results Aug 2020 Unconfirmed
minerals industry. Annual General Meeting Dec 2020 Unconfirmed
The current operational focus is on precious metals, base Next Interim Results Feb 2021 Unconfirmed
metals, ferrous metals and alloys, which include platinum
group metals, nickel, coal, iron ore, manganese ore and ferro- CAPITAL STRUCTURE AUTHORISED ISSUED
manganese. ARM also has an investment in Harmony Gold ARI Ords 5c ea 500 000 000 223 879 043
Mining Company Ltd. DISTRIBUTIONS [ZARc]
Ords 5c ea Ldt Pay Amt
SECTOR: Basic Materials—Basic Resrcs—Mining—Gen Mining Interim No 122 17 Mar 20 23 Mar 20 500.00
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019 Final No 121 23 Sep 19 30 Sep 19 900.00
African Rainbow Minerals & Exploration Investments 39.82% Interim No 120 2 Apr 19 8 Apr 19 400.00
ARM Broad-Based Economic Empowerment Trust 7.16% Final No 119 25 Sep 18 1 Oct 18 750.00
Government Employees Pension Fund (PIC) 6.47%
LIQUIDITY: Apr20 Ave 3m shares p.w., R438.5m(65.7% p.a.)
FINANCIAL STATISTICS MINI 40 Week MA ARM
(R million) Dec 19 Jun 19 Jun 18 Jun 17 Jun 16
Interim Final Final(rst) Final Final 23468
Turnover 5 907 9 596 9 112 9 019 9 019 19502
Op Inc 1 174 784 1 710 214 653
IntPd - 28 - 25 183 185 153 15537
Tax 534 242 573 - 409 - 10
11571
Minority Int 375 300 260 60 - 192
Att Inc 2 132 3 554 4 562 1 372 - 565 7606
TotCompIncLoss 3 636 4 497 4 274 - 50 1 278
Hline Erngs-CO 2 155 5 226 4 814 3 916 1 051 2015 | 2016 | 2017 | 2018 | 2019 | 3640
Fixed Ass 7 330 7 062 7 916 7 801 10 966
Inv in Assoc and JV 18 412 18 539 17 302 16 194 15 776 Recent Announcements
Investments 4 097 2 648 1 561 1 573 3 521 Thursday, 02 April 2020: ARM refers to the SENS announcement
Def Tax Asset 204 485 620 656 151 released on 27 March 2020 in which the Company announced
Tot Curr Ass 9 023 8 085 6 324 5 858 4 536 that in compliance with the nationwide lockdown, all ARM
Ord SH Int 29 792 28 173 25 907 23 497 23 819 mining operations including Khumani, Beeshoek, Black Rock,
Non-Cont Int 1 828 1 530 1 471 543 762 Modikwa, Two Rivers and Nkomati mines had been placed on
LT Liab 5 019 4 211 4 513 4 465 6 850 temporary care and maintenance for the duration of the 21-day
Tot Curr Liab 2 829 3 302 2 414 3 741 3 696 lockdown period.
PER SHARE STATISTICS (cents per share) Subsequent to the initial announcement made by the President
EPS (ZARc) 1 102.00 1 848.00 2 393.00 723.00 - 265.00 of the Republic of South Africa on 23 March 2020, the list of
HEPS-C (ZARc) 1 114.00 2 718.00 2 526.00 1 684.00 494.00 essential goods and services has been refined through continu-
Pct chng p.a. - 7.6 50.0 240.9 - 38.5 ous engagement and consultation with stakeholders.
Tr 5yr av grwth % - 40.5 40.8 32.3 - 15.5 Exemptions to the lockdown restrictions have been granted for
DPS (ZARc) 500.00 1 300.00 1 000.00 650.00 225.00 certain additional goods which are considered critical to the
Pct chng p.a. - 30.0 53.8 188.9 - 35.7 nation’s economy and its revitalisation post the COVID-19
Tr 5yr av grwth % - 39.1 36.6 27.3 - 9.4 pandemic.
NAV PS (ZARc) 13 307.00 12 690.00 11 792.00 10 744.00 10 925.00 ARM’s joint venture, Assmang (Pty) Ltd., has received
3 Yr Beta 1.49 1.40 0.89 0.92 0.78 authorisation from the Minister of Mineral Resources and
Price High 19 327 18 799 14 097 12 690 11 600 Energy to operate its load- out stations at Khumani and
Price Low 13 555 10 680 7 801 6 726 3 481 Beeshoek mines in order to continue loading iron ore from the
Price Prd End 16 366 18 217 10 910 8 431 9 200 mines’ respective stockpiles.
RATIOS Transnet has mobilised the requisite resources and reactivated
Ret on Equity 7.20 18.50 18.60 13.60 4.40 the rail and port export system from the Northern Cape to the
ROOA 7.20 5.20 12.00 1.80 4.20 Port of Saldanha which reactivation supports exports at approxi-
Oper Pft Mgn 21.20 8.90 20.50 2.60 8.00 mately 40% of normalised iron ore volumes for the week com-
Net D:E - 9.00 - 9.00 - 4.00 5.00 17.00 mencing 30 March 2020. Transnet plans to ramp up volumes for
Int Cover 18.50 19.10 16.70 9.20 6.10 the remainder of the lockdown period depending on availability
Current Ratio 3.20 2.40 2.60 1.70 1.20 of rail and port services. The iron ore operations have sufficient
Div Cover 2.23 2.09 2.53 2.59 2.19 inventory to load for the remainder of the lockdown period.
NUMBER OF EMPLOYEES: 21 417 The safety and wellbeing of our employees and contractors
DIRECTORS: Magagula J (Executive), Arnold M (ne, UK), remains a key priority. The loading functions require less than
BoardmanTA(ind ne), BothaAD(ind ne), Mkatshana H L, 2% of the total mine workforce to be on-site. Strict hygiene,
Noko D (ind ne), Simelane DrRV(ind ne), SteenkampJC(ne), health and safety protocols are being maintained to protect
Schmidt M P (CEO), Mukhuba A (CFO), Motsepe Dr P T (Exec Chair),
Abbott F (ind ne), Bakane-Tuoane DrMM(ind ne), employees who will be executing the loading functions.
ChissanoJA(ind ne, Moz), GuleWM(ind ne), MaditsiAK(ld ind ne)
POSTAL ADDRESS: PO Box 786136, Sandton, 2146
EMAIL: ir.admin@arm.co.za
80