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WOOLWORTHS HOLDINGS LIMITED - Implementation of IFRS 16: Leases

Release Date: 05/12/2019 10:45
Code(s): WHL WHL02 WHL03 WHL01     PDF:  
Wrap Text
Implementation of IFRS 16: Leases

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number (1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
Bond company code: WHLI
("WHL" or "the Company")

IMPLEMENTATION OF IFRS 16: LEASES

Stakeholders are herewith informed that today at 11h00 WHL will be giving a presentation
on the method and impact of adoption of IFRS 16 ‘Accounting for Leases'.

Stakeholders may participate by way of a webcast, the webcast access details are:
https://www.corpcam.com/Woolworths05122019

The presentation can be accessed on the Company's website at:
https://www.woolworthsholdings.co.za/wp-
content/uploads/2019/12/whl_ifrs_presentation_2019.pdf
IFRS 16 is effective for financial years commencing on or after 1 January 2019. WHL is
adopting IFRS 16 using the modified retrospective approach.

Cape Town
5 December 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05-12-2019 10:45:00
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