The report covers the Group’s strategy, operations and performance, and touches on issues such as our approach to sustainability, value creation, employment equity, innovation and service delivery. The goal is to present a thorough and balanced perspective of the financial and non-financial performance. The intention is to provide accessible information about our strategic direction, operating environment, operational management, efficiency, quality, corporate governance, accountability and corporate social responsibility. The information provided complies with relevant national and international legislation and regulations. Disclosure and assurance The PPS Holdings Trust Board of Trustees (the Board), has aimed to achieve the highest standard of disclosure in this report and to provide meaningful, accurate, complete, transparent and balanced information. The Board, together with its committees and management, was actively involved in finalising all disclosures and assumes responsibility for the information contained therein. The annual financial statements were prepared in accordance with International Financial Reporting Standards and were independently audited by EY South Africa. The non-financial information contained in the report has not been independently assured. Scope and boundary The PPS Integrated Report 2023 deals with the performance of the PPS Holdings Trust and its subsidiaries (the Group) for the 12 months ended 31 December 2023. It is intended for the information of our members and contains reporting on relevant events up to the date of publication. Board responsibility The PPS Integrated Report 2023 was approved by the PPS Holdings Trust Board of Trustees (the Board) on 3 April 2024. The Board acknowledges its responsibility for ensuring the accuracy of all information supplied and has applied its collective expertise to the preparation of the report. In the Board’s opinion, this report addresses all issues material to members and presents a holistic view of the Group’s performance in future. Forward-looking statements Some of the remarks contained in this report are forwardlooking statements and should not be considered as guarantees or predictions of future performance. Like all businesses, we face risks and other factors beyond our control, which may impact our performance in 2024 and beyond. ABOUT OUR INTEGRATED REPORT 2 About our integrated report
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