RCS GROUP CONSOLIDATED FINANCIAL STATEMENTS
Change in financial year end
During the current financial period, the financial year has changed
from 31 March to 31 December to align with the reporting
requirements of the shareholder. The current period financial
results are therefore only representative of a 9 month period and
not comparative to the prior period.
Event after the reporting period
The directors are not aware of any matters or circumstances arising
since the end of the financial period that may materially affect the
amounts and disclosure of these financial statements.
Distribution to shareholder
A distribution to shareholder amounting to R250million was declared
were authorised for issue (31March 2015: nil).
The directors in office at the date of this report are:
SW van der Merwe
(Chief executive officer) SouthAfrican
(Chief financial officer)
(Chief operating officer)
ACPM van Groenendael
VNA Kodjo Diop
(Appointed 1 December 2015)
The company secretary at the date of this report is GS Harker.
PO Box 6523
The RCS Group’s immediate holding company is BNP Paribas
Personal Finance Société Anonyme. The ultimate shareholder
is BNP Paribas Société Anonyme, incorporated in France and
listed on the Paris stock exchange.
The independent auditing firm, KPMG Inc., which was given
unrestricted access to all financial records and related
data, including minutes of all meetings of shareholders,
the board of directors and committees of the board, has
audited the financial statements. The directors believe that
all representations made to the independent auditors during
their audit were valid and appropriate. KPMG Inc.’s audit
report is presented on page 6 to 7.