Last year, the group reported earnings per share from continuing operations of 202c. A loss of 2073c was reported in the six months to the end of January.
EOH said its results were impacted by the accounting, or IFRS, classification of certain businesses as either continuing or discontinued operations, including assets held for sale. The impairment and the accounting classification were the subject of ongoing discussions with the group’s external auditors, it said.
The group said the figures did not include the potential impact of the findings of the ENSafrica forensic investigation into suspicious transactions that predated the existing EOH management team.
The law firm’s interim report released in July uncovered “suspicious transactions” worth R1.2 billion and tender irregularities.