Table of Contents Table of Contents
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Our business
2

Who we are
2

About this report
97

To our investors and other interested stakeholders
4

How we provided value in 2018
5

Where we operate
6

What we offer
7

Chairman's statement
8

CEO’s statement
10

Our business model
12

How we create value
13

How we sustain value
14

Our operating environment
16

Our key relationships
18

Stakeholder 'hot topics' in 2018
20

Our performance
22

Delivering on our strategy
22

Segmented Propositions
24

Best Customer Experience
28

Best Technology
32

Digital Organisation and Culture
36

Our Brand and Reputation
38

CFO's statement
42

Tax and our contribution to public finances
44

Condensed consolidated income statement
45

Condensed consolidated statement of comprehensive income
46

Condensed consolidated statement of financial position
47

Condensed consolidated statement of changes in equity
48

Condensed consolidated statement of cash flows
49

Our segment performance South Africa
50

Our segment performance International
52

Five-year historic review
56

Five-year historic review per segment
57

Our governance
58

Who governs us
58

Best customer experience
59

Corporate governance report
60

Our principal risks
66

Remuneration report
70

Administration
82

Share information
82

Disclaimer
84

Glossary
85

Corporate information
86

Notice of annual general meeting
87

Form of proxy
93

Notes to the form of proxy
94