Investor Presentaiton
Separation remains on track
Spend to date
•
Project execution and support R7.6bn
Separation spend and remaining contribution.
(Rbn)
Group systems rebuild (HR re-platform, Corporate
12.6
7.6
channels and financial crime)
• Technology infrastructure replacement
.
Localizing contracts
Removing 'Member of Barclays' in SA and holding
company name change
• Transitional Service Agreement (TSA) payments R1.5bn
Interest on capital contributions and other benefits
1.5
3.8
7.3
•
Interest on capital contribution, FX gains on contribution
received and other benefits
PLC Separation
contribution execution
costs
TSA
Estimated Remaining
interest on
portion
• Separation expected to be capital and cash flow neutral
capital
contribution
and other
benefits
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