Group at a glance Financial highlights Material issues Chairman's statement Operational review Group review Corporate governance Directorate and administration Financial statements

Analysis of shareholders Shareholder's spread Shareholder's diary

Group at a glance

The Group’s improved results are derived predominantly from organic growth in the business. Both the retail operations and the supply chain reported increased revenue and profitability and a gain in market share.

		Region			Company			Nature of business			Contribution to Group trading profit

Supply and support services		South Africa			International Tap Distributors (Pty) Limited Cladding Finance (Pty) Limited Majuba Aviation (Pty) Limited Cedar Point Trading 326 (Pty) Limited			Distributor of taps and accessories Outsourced debtors solutions Aircraft charter company Distributor of tiling tools, laminated boards, cabinets and accessories
		Italy			Ser Export s.p.a.			Procurement specialist

Retail		South Africa			Italtile Ceramics Limited Italtile Retail (Pty) Limited TopT Ceramics (Pty) Limited Ceramic Tile Projects (Pty) Limited			Retailers of tiles, laminate boards, taps, sanitaryware and accessories Retailers of tiles, taps, sanitaryware and accessories Retailers of tiles, laminate boards, taps, sanitaryware, hardware and accessories Suppliers of tiles, taps, sanitaryware and accessories to contracts market
		Australia			Italtile Australia (Pty) Limited			Retailers of tiles, taps, sanitaryware and accessories
		Africa			CTM Kenya Limited Orban Investments 375 (Pty) Limited			Retailers of tiles, taps, sanitaryware and accessories Retailers of tiles, laminate boards, taps, sanitaryware and accessories

Franchising		South Africa			Italtile Franchising (Pty) Limited			Bearer of South African trademarks
Franchising		Mauritius			Italtile Mauritius Limited			Bearer of non-South African trademarks

Property investment		South Africa			F.B. Ashman (Pty) Limited (Italtile Property Holdings) Allmuss Properties (Pty) Limited (CTM Property Holdings) Emerald Sky Trading 736 (Pty) Limited (TopT Property Holdings) Magnolia Ridge Properties 291 (Pty) Limited Penates Logistics (Pty) Limited			Property investments Property investments Property investments Property investments Property investments
		Australia			Norstorm Pty Limited Melkbos Pty Limited			Property investments Property investments
		Africa			Allmuss Botswana (Pty) Limited Allmuss Properties Namibia (Pty) Limited Allmuss Lesotho (Pty) Limited Allmuss Properties Kenya Limited Allmuss Properties (Uganda) Limited Allmuss Properties Zambia Limited			Property investments Property investments Property investments Property investments Property investments Property investments