{"id":857,"date":"2014-10-17T11:36:11","date_gmt":"2014-10-17T09:36:11","guid":{"rendered":"http:\/\/www.remgro.com\/ar2014\/?page_id=857"},"modified":"2014-10-18T17:03:48","modified_gmt":"2014-10-18T15:03:48","slug":"corporate-finance","status":"publish","type":"page","link":"https:\/\/www.remgro.com\/ar2014\/index.php\/reports-to-shareholders\/investment-reviews\/corporate-finance\/","title":{"rendered":"Corporate finance"},"content":{"rendered":"<img decoding=\"async\" src=\"http:\/\/www.remgro.com\/ar2014\/wp-content\/themes\/remgro\/images\/ar2014\/p64.png\" alt=\"\" class=\"investment-pics\" \/>\n<div class=\"row\">\n<div class=\"col-sm-6\">\n<p class=\"lead\">The central treasury division\u2019s contribution to headline earnings for the year under review amounted to R83&nbsp;million (2013:&nbsp;R3&nbsp;million). The increase resulted mainly from foreign exchange losses of R98&nbsp;million on the hedging of the repatriation of funds from Remgro\u2019s offshore cash portfolio accounted for in the comparative year.\n<\/p><\/div>\n<div class=\"col-sm-6\">\n<p>Net corporate costs amounted to R134&nbsp;million (2013:&nbsp;R102&nbsp;million) and were largely impacted by the receipt of an after-tax underwriting fee of R46&nbsp;million from Mediclinic, relating to its rights offer in the comparative&nbsp;year.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The central treasury division\u2019s contribution to headline earnings for the year under review amounted to R83&nbsp;million (2013:&nbsp;R3&nbsp;million). The increase resulted mainly from foreign exchange losses of R98&nbsp;million on the hedging of the repatriation of funds from Remgro\u2019s offshore cash portfolio accounted for in the comparative year. Net corporate costs amounted to R134&nbsp;million (2013:&nbsp;R102&nbsp;million) and were&#8230;  <a href=\"https:\/\/www.remgro.com\/ar2014\/index.php\/reports-to-shareholders\/investment-reviews\/corporate-finance\/\" class=\"more-link\" title=\"Read Corporate finance\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":448,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-full-width.php","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate finance - Remgro Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.remgro.com\/ar2014\/index.php\/reports-to-shareholders\/investment-reviews\/corporate-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate finance - Remgro Limited\" \/>\n<meta property=\"og:description\" content=\"The central treasury division\u2019s contribution to headline earnings for the year under review amounted to R83&nbsp;million (2013:&nbsp;R3&nbsp;million). The increase resulted mainly from foreign exchange losses of R98&nbsp;million on the hedging of the repatriation of funds from Remgro\u2019s offshore cash portfolio accounted for in the comparative year. Net corporate costs amounted to R134&nbsp;million (2013:&nbsp;R102&nbsp;million) and were... 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