CAPITEC (30,7%)

Chairman Michiel le Roux
Chief executive officer Gerrie Fourie
Financial director André du Plessis

Capitec is a South African retail bank focused on providing easy and affordable banking services to its clients via the use of innovative technology. Everything Capitec does is based on simplicity, affordability, accessibility and personal service.

Financial results

Year ended February

2016

2017

2018

Headline earnings (Rm)

 3 222

3 793

4 461

HEPS (R)

27,87

32,81

38,58

Growth in HEPS (%)

 26

18

18

Dividend per share (R)

 10,55

12,50

14,70

Dividend cover ratio

 2,6

2,6

2,6

Return on equity (%)

 27

27

27

Gross loans and advances (Rm)

40 891

45 135

47 642

Value of total loans advanced (Rm)

24 228

27 226 28 292
Repayments (Rm)

29 388

33 236

35 974

Arrears – past due (not up-to-date with contractual obligations) (Rm)    2 297

2 855

2 700

Arrears to gross loans and advances (%)

5,6

6,3

5,7

Provisions for doubtful debts (Rm) 5 131

 5 930

5 828

Provision for doubtful debts to arrears coverage (%)

223

208

216

Prosivion for doubtful debts arrears and all rescheduled loans (not rehabilitated) coverage (%)

91

107

115

Net transaction fee income (Rm)

3 020

3 923

5 127

Net transcation fee income to operating expenses (%)

66

72

81

Number of active client (’000)

7 269

8 569

9 868

Number of primary clients (’000)

3 343

3 909

4 539

Number of branches

720

796

826

Number of employees

11 440

13 069

13 333

Capitec’s comprehensive results are available at www.capitec.co.za.