Overview

ABOUT THIS REPORT

The report objective and scope

This integrated report presents a holistic view of Attacq Limited and its subsidiaries (Attacq, group or company) for the year ended 30 June 2018. It includes information on our performance, governance and prospects to enable stakeholders to make an informed assessment of our ability to create and sustain value in the short, medium and long term.

The primary audience of this report are our providers of financial capital. However, all other stakeholders' general information requirements are also addressed.

This report covers our South African, Rest of Africa and other international activities, associates and joint ventures. Refer to our annual financial statements (AFS) at www.attacq.co.za for details of these investments.

For completeness, material events between year-end and publication have been included. Unless indicated, information in this report refers to the group.

Reporting boundary

In line with the International Integrated Reporting Council <IR> Framework, in determining the boundary for this report, we work outward from the financial reporting entity, Attacq, to identify risks, opportunities and outcomes associated with stakeholders that have a significant effect on our ability to create and sustain value.

Reporting frameworks and regulations

We have applied the guiding principles and content elements of the International Integrated Reporting Council <IR> Framework as well as the following reporting frameworks and regulations in preparing this report:

  • Companies Act 71 of 2008 (Companies Act)
  • International Financial Reporting Standards
  • SA REIT Association best practice recommendations
  • King Code on Corporate Governance 2016 (King IVTM*)
  • FTSE/JSE Responsible Investment Index (FTSE4Good)
  • JSE Listings Requirements.

Materiality

This report focuses on matters that substantively affect our ability to create and sustain value over the short, medium and long term. Our approach to managing these is reflected in the strategic matters flowing from our strategy.

Strategic matters were determined in an integrated process by understanding:

Reporting boundary

Feedback

We value your feedback as we continuously strive to improve our reporting. For feedback and enquiries on the integrated report, please email Brenda Botha, our head of investor relations, at brenda@attacq.co.za.

Assurance

We use a combined assurance model to manage various aspects of our operations, including elements of external reporting. These assurances are provided by management, the board of directors of Attacq (the board), internal audit – outsourced to PricewaterhouseCoopers (PwC) – and our external auditors, Deloitte & Touche.

For further information on the scope of services performed by our external assurance providers, refer to our AFS on our website.

Forward looking statements

This integrated report contains forward-looking statements that, unless indicated, reflect the group's expectations as at 24 October 2018. Actual results may differ materially from our expectations. The group cannot guarantee that any forward-looking statement will materialise and, accordingly, readers are cautioned not to place undue reliance on them. The group disclaims any intention and assumes no obligation to revise any forward looking statement, even if new information becomes available, other than as required by the JSE Listings Requirements and other applicable regulations.

Approval of the 2018 integrated report

The board, supported by the audit and risk committee, acknowledges its responsibility to ensure the integrity of the 2018 integrated report. Together with management, we believe that this report addresses all matters that materially affect our ability to create shareholder value. The preparation and presentation of information in this report has been a collaborative approach, guided by the International Integrated Reporting Council Framework.

The board authorised this report for release on 24 October 2018.

P Tredoux
Chairperson

M Hamman
Chief executive officer

* Copyright and trademarks are owned by the Institute of Directors in Southern Africa NPC and all of its rights are reserved.

Gateway West, Waterfall City

Gateway West, Waterfall City