Discovery Limited provided earnings guidance for the financial year ended 30 June 2019. For the period, the company's normalised profit from operations is expected to decrease by between 1% and 5% to between ZAR 7,581 million to ZAR 7,900 million. The difference between normalised profit from operations and normalised headline earnings was predominantly affected by an increase in borrowings which resulted in an increase in finance costs of approximately ZAR 240 million over the prior period, mainly due to funding investment in new initiatives. year. Basic earnings per share is expected to increase by between 10% and 15% to between 963 cents and 1,007 cents compared to the prior year. This increase in basic earnings includes the previously disclosed disposal and dilution of the Group's interest in Cambridge Mobile Telematics ("CMT") which resulted in a profit of $56 million before tax as well as an accounting gain, in terms of IFRS 3, on the Group's original interest in the Discovery Card business of ZAR 761 million.