Glossary



Adjusted HEPS Adjusted headline earnings per share
AGM Annual General Meeting
BBBEE Broad-based black economic empowerment
the board The board of directors of Tsogo Sun Holdings Limited
CAGR Compound annual growth rate
CASA Casino Association of South Africa
Companies Act the Companies Act, No 71 of 2008, as amended or replaced from time to time
CPA Consumer Protection Act
CSI Corporate Social Investment
CSDP Central Securities Depository Participant
Cullinan The Cullinan Hotel Proprietary Limited
DTI Department of Trade and Industry
Ebitdar Earnings before interest, tax, depreciation, amortisation, rentals and exceptional items
EME Emerging micro-enterprise
Fedhasa Federated Hospitality Association of South Africa
FICA Financial Intelligence Centre Act
Free cash flow Cash generated from operations adjusted for net finance costs, taxation paid, operating equipment purchased and maintenance capital expenditure
Gambling board Collectively, the Eastern Cape Gambling and Betting Board, the Free State Gambling and Liquor Authority Board, the Gauteng Gambling Board, the KwaZulu-Natal Gambling Board, the Western Cape Gambling and Racing Board and the Mpumalanga Gambling Board
GEC Group executive committee
Gold Reef Gold Reef Resorts Limited
HCI Hosken Consolidated Investments Limited
HEPS Headline earnings per share
HPF Hospitality Property Fund Limited
IAS International Accounting Standards
IIRC International Integrated Reporting Council
IFRS International Financial Reporting Standards
IT Information technology
JSE JSE Limited
King III The King Code of Governance Principles for South Africa 2009
Liberty Liberty Group Limited
NPAT Net profit after tax
PDIs Previously disadvantaged individuals
POPI Protection of Personal Information Act
PP Percentage points
Revpar Revenue per available room
SABMiller SABMiller Plc
SACTWU South African Clothing and Textile Workers Union
SATB South African Tourism Board
SENS Securities Exchange News Service of the JSE
Systemwide Including both owned and managed businesses
SSHI Southern Sun Hotel Interests Proprietary Limited
TBCSA Tourism Business Council of South Africa
the group Tsogo Sun Holdings Limited and its subsidiaries, associates and joint ventures
TIH Tsogo Investment Holding Company Proprietary Limited
TSH Tsogo Sun Hotels, Gaming and Entertainment Proprietary Limited (previously Tsogo Sun Holdings Proprietary Limited)
Tsogo Sun or the company Tsogo Sun Holdings Limited
VAT Value Added Tax