INTRODUCTION
SENWES LIMITED
T
he condensed consolidated interim results of
Senwes Limited (“the company”) as at, and for the
six months ended, 31 October 2019, comprise of
the company, all its subsidiaries, jointly controlled 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 2019, are prepared in
accordance with the requirements of the International
Financial Reporting Standards (IFRS) and its interpreta-
tions as adopted by the International Accounting Stan-
dards Board, the South African Institute of Chartered
Accountants (SAICA), Financial Reporting Guidelines
as issued by the Accounting Practices Committee, fi-
nancial pronouncements as issued by the Financial
Reporting Standards Council, the presentation require-
ments 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 consistent with the
accounting policies applied in the preparation of the
group’s previous audited consolidated annual financial
statements, except as stated in note 9 of these finan-
cial statements.
These interim results have not been audited or inde-
pendently reviewed by the group’s external auditors.
The interim condensed consolidated financial state-
ments do not include all the information and disclo-
sures required in the annual financial statements and
should be read in conjunction with the group’s annual
financial statements as at 30 April 2019.
senwes interim results 31 october 2019
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