Treasury and management services

Remgro Limited / Group investments / Treasury and management services

Contribution to headline earnings	30 June 2025 R million	30 June 2024 R million
Central treasury
– Finance income	376	379
– Finance costs	(95)	(498)
Net corporate income/(costs)	(461)	(412)
	(180)	(531)

Remgro Finance Corporation Proprietary Limited

Remgro Healthcare Holdings Proprietary Limited

Remgro USA Limited – Jersey

Remgro Management Services Limited

V&R Management Services AG – Switzerland

Profile: Responsible for Remgro’s central treasury function as well as management and support services.

Unlisted companies

Finance income amounted to R376 million (2024: R379 million). The decrease is mainly due to a lower average interest rate, partly offset by a higher average cash balance. The average cash balance was higher due to the proceeds on disposal of Remgro’s interest in Momentum and the partial disposal of FirstRand, partly offset by the redemption of the preference shares. Finance costs were lower at R95 million (2024: R498 million) due to the aforesaid redemption. Other net corporate costs amounted to R461 million (2024: R412 million).