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Annual integrated report 2011


South African overview

The South African operations comprise a comprehensive network of healthcare services available 24 hours a day, 365 days a year. We continue to build our capacity to provide world-class healthcare.

Highlights

 
Increase in net revenue per patient day 6.4%
   
   
 
Beds added to existing Netcare facilities 52
   
   
 
New NRC units opened 2
   
   
 
Corporate social investment R30 million
   
   
 
Nurses and paramedics trained 3 692
   

Executive Committee

From left to right:

Richard Friedland (50)
Group Chief Executive
Officer

Qualifications:
BvSc, MBBCh,
Dip Fin Man, MBA
Joined in 1997
  Noeleen Phillipson (43)
CEO – National
Renal Care

Qualifications:
RN, MBA
Joined Clinic Holdings in 1994
  Tumi Nkosi (49)
Managing Director –
Emergency services

Qualifications:
MBA and Chartered Marketer
Joined in 2007
  Melanie Da Costa (39)
Director – Strategy and Health Policy
Qualifications:
MCom, CFA
Joined in 2006
  Keith Gibson (41)
Group Chief
Financial Officer

Qualifications:
BAcc, CA(SA)
Joined in 2006
  Kerishnie Naiker (38)
Director –
Communications

Qualifications:
BPharm (Hons)
Joined in 2011
From left to right:

Jacques du Plessis (47)
Managing Director –
Hospitals

Qualifications:
BCompt (Hons)
Accounting
Joined Medicross
in 1996
  Charmaine Pailman (55)
Managing Director –
Primary Care

Qualifications:
MBChB, MPH
Joined in 2006
  Victor Litlhakanyane (47)
Group Stakeholder Relations Director
Qualifications:
MBChB, M Med
(Radiotherapy), MBA
Joined in 2004
  Peter Warrener (50)
Group Human Resources Director
Qualifications:
BSocSci, Dip Fin Man
Joined in 2007
  Dena van den Bergh (49)
Director – Quality
Leadership

Qualifications:
BPharm, MSc(Med),
Eng D
Joined in 2011
  Gerard Augustine (46)
Marketing and Sales
Director

Qualifications:
BPharm, ND Prod Man, BBA
Joined in 2011

Financial summary

Rm 2011   2010   % change  
Revenue 13 361   12 541   6.5  
Operating profit – reported 2 206   1 865   18.3  
   Operating profit before capital items 2 220   1 899   16.9  
   Capital items (14)   (34)      
Profit for the year 1 355   1 099   23.3  
Net debt 3 303   3 706   10.9  
Cash generated from operations 3 010   2 428   24.0  
Capital expenditure including intangible assets 921   826   11.5  
Operating profit1 margin (%) 16.6   15.1      
Cash conversion ratio (%) 116.0   109.6      
1 Before capital items.