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Investor Presentaiton

SUMMARY OF THE AUDITED GROUP RESULTS DIRECTORATE & STATUTORY INFORMATION WHL FINANCIAL OVERVIEW COMMENTARY NOTES TO THE CONDENSED CONSOLIDATED RESULTS (CONTINUED) 9. PRO FORMA FINANCIAL INFORMATION (CONTINUED) 9.3 CONSTANT CURRENCY INFORMATION (CONTINUED) 9.3.2 GROUP STATEMENT OF FINANCIAL POSITION ITEMS AT 26 JUNE 2022 Pro forma At 26 Jun 2022 Audited At 27 Jun 2021 (1) Rm (2) Rm % change 〈コ 23 / 27 9.4 FREE CASH FLOW PER SHARE Free cash flow per share is defined as Free cash flow divided by the Weighted Average Number of Shares in issue (WANOS). Free cash flow is determined in the table below, with the amounts extracted, without adjustment, from the Condensed Consolidated Group Statement of cash flows for the 52 weeks to 26 Jun 2022, as presented in the Summary of the Audited Group Results for the 52 weeks ended 26 June 2022. Audited 52 weeks to 26 Jun 2022 > Rm Assets Property, plant and equipment Cash generated by operations 8.008 9 064 9 315 (2.7) Intangible assets 7 352 7 135 3.0 Right-of-use assets 18 551 19 116 (3.0) Dividends received from joint ventures Investment in property, plant and equipment and intangible assets to maintain operations Proceeds on disposal of property, plant and equipment and intangible assets 112 (1 066) 7 Investment in joint ventures 945 893 5.8 Other loans advanced (2) Inventories 8 609 8 501 1.3 Net acquisition of Treasury shares (19) Trade and other receivables 1 782 1377 29.4 Lease liabilities repaid (2 741) Derivative financial instruments 363 46 >100 Free cash flow 4 299 Deferred tax and tax assets 3 289 3 581 (8.2) WANOS (millions) 958.9 Cash and cash equivalents 5 288 5.624 (6.0) Free cash flow per share (cents) 448.3 Total assets 55 243 55 588 (0.6) KPMG Inc. have issued a reporting accountant's report on the pro forma financial information, which is available for inspection at the Group's registered offices. Equity and liabilities Shareholders' funds 11 581 9 328 24.2 Borrowings and overdrafts 5 096 6 640 (23.3) Lease liabilities 26 294 27 194 (3.3) Other non-current liabilities 838 724 15.7 Derivative financial instruments 53 379 (86.0) Deferred tax and tax liabilities 31 390 (92.1) Trade and other payables and provisions Total equity and liabilities Notes 11 350 10 933 3.8 55 243 55 588 (0.6) 1. The Group Statement of financial position items are at 26 June 2022 and the constant currency information has been determined by application of the closing Australian dollar exchange rate for the prior year to the current year Group Statement of financial position items. The closing Australian dollar exchange rate is R10.99/A$ for the current year and R10.73/A$ for the prior year. 2. The 'At 27 Jun 2021' financial information has been extracted, without adjustment, from the reported 2021 Summary of the Audited Group Results for the 52 weeks ended 27 June 2021. WHL 23/2022
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