- Scope and boundary
- Highlights of the 2017 financial year
- Vision, strategic focus and investment proposition
- Milestones along the road
- Super Group business model
- Group structure
- Five-year financial history
- Material issues
- Opportunities for the Group
- Stakeholder engagement
- Value-added Statement
- Chairman's Statement
- Chief Executive Officer's Report
Scope and boundary
Super Group's Integrated Report for the financial year ended 30 June 2017 aims to provide a balanced, understandable and comprehensive review of the businesses by reporting on the financial and non-financial performance of the Group. This Integrated Report deals with the opportunities, risks and material issues faced by the Group in the normal course of business as well as the Group's governance, social and environmental responsibilities. Reporting on corporate responsibility issues is also addressed by the divisions of the Group and where targets and measurement indicators have been used, these have been disclosed. The materiality of information, both financial and non-financial, is considered when deciding which information to include in the Integrated Report.
This Integrated Report was prepared in accordance with IFRS, the requirements of the Companies Act, the JSE Listings Requirements, the principles of King IV and the International Integrated Reporting Framework by the International Integrated Reporting Council.
In terms of paragraph 8.63(a) of the JSE Listings Requirements, the Group has published its King IV Application Register on the website.
There are no material changes to the lay-out of this Integrated Report compared to the 2016 Integrated Report other than the enhancement of the report.
This Integrated Report may contain certain forward looking statements concerning the Group's strategy, financial conditions, growth plans and expectations. Such views involve both known and unknown risks, assumptions, uncertainties and important factors that could materially influence the actual performance of the Group. No assurance can therefore be given that these views will prove to be correct and no representation or warranty expressed or implied is given as to the accuracy or completeness of such views.
This Integrated Report for the year ended 30 June 2017 is published in various media. A summarised version of Annual Financial Statements is contained in the Integrated Report. The Integrated Report, Notice of AGM, Annual Financial Statements, Corporate Governance Report, Sustainability Report and the King IV Application Register are available on the Group's website. For additional information and recent announcements, please visit Super Group's website at www.supergroup.co.za.
The Integrated Report is intended to provide insight into issues identified as the most relevant and material to Super Group and its stakeholder groups that could potentially impact the Group as a going concern. Comprehensive information, pertaining to stakeholder engagement and material issues relevant to the various stakeholder groups, has been placed on the company's website.
The Board, specifically the Group Audit Committee, Group Risk Committee and the Group Social and Ethics Committee, play a central role in the determination of material risks as well as opportunities that may arise and further detail pertaining to these risks and opportunities is set out on Material Issues and Opportunities for the Group.
Assurance and comparability
This Integrated Report, as a whole, has not been independently assured. As a result of there not being an approved standard on assurance, the Group has decided not to assure this report as a whole until such standard exists. However, Super Group has a full Internal Audit Department and, together with the Group Audit Committee, assesses all internal and external assurances obtained and matches these to its identified risks.
The Annual Financial Statements have been audited by KPMG Inc. and the Independent Auditor's Report can be found in the Annual Financial Statements which are available on Super Group's website at www.supergroup.co.za.
BEE Online Limited, an independent accredited empowerment rating agency, has provided assurance on the B-BBEE scorecard for the current financial year. The B-BBEE status for Super Group Holdings for the year ended 30 June 2017 was verified as a Level 2-Contributor. The B-BBEE Certificates of Super Group Holdings and other South African registered entities are available on the website.
Approval of the Integrated Report
It is the Board's responsibility to ensure the integrity of this Integrated Report. The Board has applied its mind to the Integrated Report and in its opinion this report addresses the material issues and represents fairly the integrated performance of the Group.
|Phillip Vallet||Peter Mountford|
|Chairman of the company||Chief Executive Officer|
20 September 2017
Any queries regarding this Integrated Report or its contents should be addressed to:
Nigel Redford — Group Company Secretary
Tel: +27 11 523 4093
Any queries regarding Super Group's Investor Relations should be addressed to:
Marlize Keyter — Investor Relations Consultant
Keyter Rech Investor Solutions CC
Tel: +27 87 351 3810