Senwes Integrated Reports Senwes 2018/2019 Interim Results | Página 2

BUSINESS REVIEW INTRODUCTION 2 TABLE OF CONTENTS 4 Business Review 8 Condensed Consolidated Statement of Comprehensive Income 9 Condensed Consolidated Statement of Financial Position 10 Condensed Consolidated Statement of Cash Flows 10 Condensed Consolidated Statement of Changes in Equity 11 Notes to the Condensed Consolidated Financial Statements 15 Notice in Terms of Section 44 & 45 of the Companies Act, 2008 SENWES LIMITED T he condensed consolidated interim results of Senwes Limited (“the company”) as at and for the six months ended 31 October 2018, comprise of the company, all its subsidiaries, jointly con- trolled entities and associate (jointly referred to as “the group”). The Senwes Limited condensed consolidated interim results, including the statement of financial position, statement of comprehensive income, statement of changes in equity and statement of cash flows, for the six months ended 31 October 2018, are prepared in accordance with the requirements of the International Financial Reporting Standards (IFRS) and its interpretations as adopted by the International Accounting Standards Board, the South African Institute of Chartered Accountants (SAICA), Financial Reporting Guides as issued by the Accounting Prac- tices Committee, financial pronouncements as issued by the Financial Reporting Standards Council, the presentation requirements of IAS 34 Interim Financial Reporting and the requirements of the South African Companies Act, 71 of 2008. The accounting policies applied in the preparation of these condensed consolidated interim results are in accordance with IFRS and are con- sistent with the accounting policies applied in the preparation of the senwes interim results 31 october 2018