Glossary

Adjusted HEPS   Adjusted headline earnings per share  
AGM   Annual General Meeting  
BBBEE   Broad-based black economic empowerment  
BSLA   Business Leadership SA  
the board   The board of directors of Tsogo Sun Holdings Limited  
CASA   Casino Association of South Africa  
CDP   Carbon disclosure project  
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 and rentals  
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 Racing 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  
GRI   Global Reporting Initiative  
HCI   Hosken Consolidated Investments Limited  
HEPS   Headline earnings per share  
Heritage   Heritage Environmental Management Company  
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  
REIT   Real Estate Investment Trust  
Revpar   Revenue per available room  
SABMiller   SABMiller Plc  
SABSA   SABSA Holdings Limited  
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