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Public Interest Score

Calculate Your Public Interest Score:

The calculator is provided as a guidance and for information purposes only. Statucor (Pty) Ltd does not accept any responsibility or liability for the use of the calculator or for any actions taken based on the results provided thereby. It remains the ultimate responsibility of the user to independently verify the outcome of the score prior to making any decisions based thereon.

If your Public Interest Score is more than 350 you will need to submit your Annual Returns using XBRL.
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A. Background

Type of Company:  
Were the financial statements compiled independently? Yes No Independently compiled means financial statements prepared by an independent accounting professional on the basis of financial records provided by the company, as opposed to financial statements which are either prepared by the company itself, or by the external audit teams as part of their audit engagement.
Does the Company require an audit in terms of its Memorandum of Incorporation? Yes No  
Did the company hold assets to an aggregate value of R5-million or more, in a fiduciary capacity for persons not related to the company at any time during the financial year? Yes No Holding assets in a fiduciary capacity means to hold and/or manage the assets or capital funds for and on behalf of persons unrelated to the company.
Is the company owner-managed? Yes No If every person who is a holder of, or who holds a beneficial interest in (for example a beneficiary in a trust), any securities (which includes both shares and other debt instruments such as debentures) issued by the company is also a director of the company, the company is classified as "owner-managed".

B. Public Interest Score Factors

What was the average number of persons employed by the company during the year? For PIS purposes one point is awarded per employee.
What was the total number of individuals with a direct or indirect beneficial interest in the issued securities (shares and debt instruments) of the company? What was the total number of members in the company? For PIS purposes one point is awarded for every person who holds such an interest.

In terms of section 56(2), a person will also be regarded as having a 'beneficial interest' in a security of a PUBLIC COMPANY if that security is held nomine officii by another person on that first person's behalf, or if that first person -

  1. is married in community of property to a person who has a beneficial interest in that security;
  2. is the person of a minor child who has a beneficial interest in that security;
  3. is party to an agreement (entered into with any person who has a beneficial interest in the securities) providing for cooperation regarding the acquisition, disposal or any other matter relating to the a beneficial interest in the securities;
  4. is the holding company of a company that has a beneficial interest in that security;
  5. is entitled to exercise or control the exercise of the majority of the voting rights at general meetings of a juristic person that has a beneficial interest in that security; or
  6. gives directions or instructions to a juristic person that has a beneficial interest in that security, and its directors or the trustees are accustomed to act in accordance with that person's directions or instructions.
What was the total turnover during the financial year (full amount)? R For PIS purposes one point is awarded for every million (or part thereof) in turnover.
What was the total third party liabilities of the company at financial yearend (full amount)? R For PIS purposes one point is awarded for every million (or part thereof) in third party debt.
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