AUE2602
ASSIGNMENT
4
SEMESTER 2
GRPOUP A
, a) Calculation of Public Interest Score (PIS) for Candy-Cane Holdings (Pty) Ltd
The Public Interest Score (PIS) is calculated according to Regulation 26(2) of the Companies Act,
based on the following factors:
• One point for each R1 million (or part thereof) of turnover.
• One point for every individual who, at the end of the financial year, is a shareholder or has a
beneficial interest in the company’s issued securities.
• One point for every R1 million (or part thereof) of third-party liabilities at the financial year-
end.
• One point for every employee at the end of the financial year.
2024 Financial Year PIS Calculation:
1. Turnover: R226,000,000 / R1,000,000 = 226 points
2. Employees: 221 employees = 221 points
ASSIGNMENT
4
SEMESTER 2
GRPOUP A
, a) Calculation of Public Interest Score (PIS) for Candy-Cane Holdings (Pty) Ltd
The Public Interest Score (PIS) is calculated according to Regulation 26(2) of the Companies Act,
based on the following factors:
• One point for each R1 million (or part thereof) of turnover.
• One point for every individual who, at the end of the financial year, is a shareholder or has a
beneficial interest in the company’s issued securities.
• One point for every R1 million (or part thereof) of third-party liabilities at the financial year-
end.
• One point for every employee at the end of the financial year.
2024 Financial Year PIS Calculation:
1. Turnover: R226,000,000 / R1,000,000 = 226 points
2. Employees: 221 employees = 221 points
