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CONTENTS
80
STATEMENT OF RESPONSIBILITY BY THE BOARD OF TRUSTEES
81
CERTIFICATE BY THE SECRETARY
82
INDEPENDENT AUDITOR’S REPORT
85
INVESTMENT RETURNS AND PROFIT ALLOCATION TO POLICYHOLDERS’
PPS PROFIT-SHARE ACCOUNT
88
TRUSTEES’ REPORT
90
AUDIT COMMITTEES’ REPORT
94
GROUP SOCIAL AND ETHICS COMMITTEE’S REPORT
96
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
97
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER
COMPREHENSIVE INCOME
98
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
99
CONSOLIDATED STATEMENT OF CASH FLOWS
100
GROUP ACCOUNTING POLICIES
115
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
182
PPS HOLDINGS TRUST ANNUAL FINANCIAL STATEMENTS
185
ACTION REQUIRED BY MEMBERS IN REGARD TO THE 2019 ANNUAL
GENERAL MEETING
186
NOTICE TO THE MEMBERS OF THE ANNUAL GENERAL MEETING AND CV’S OF
CANDIDATES STANDING FOR ELECTION
197
FORM OF PROXY
199
ADMINISTRATIVE INFORMATION
This report comprises of the audited consolidated annual financial statements of The Professional Provident
Society Holdings Trust and its subsidiaries, as well as the annual financial statements of The Professional Provident
Society Holdings Trust.
The reportwaspreparedunder the supervisionof TBoeschCA(SA). AnauditwasperformedbyPricewaterhouseCoopers
Inc. in line with requirements of the Trust Deed.
Published: 2 April 2019