Adrenna Property Group Limited reported audited consolidated earnings results for the full year ended February 28, 2014. For the period, the company reported revenue of ZAR 30,719,000 against ZAR 29,780,000 a year ago. Operating income before interest and revaluations was ZAR 12,285,000 against ZAR 12,590,000 a year ago.

Net income before taxation was ZAR 19,415,000 against ZAR 16,455,000 a year ago. Income after taxation for the year was ZAR 12,225,000 against ZAR 10,530,000 a year ago. Income attributable to ordinary shareholders was ZAR 12,225,000 against ZAR 10,530,000 a year ago.

Cash generated by operations was ZAR 13,477,000 against ZAR 12,481,000 a year ago. Basic earnings per share were 21.9 cents against 18.8 cents a year ago. Headline earnings were ZAR 4,348,000 against ZAR 3,334,000 a year ago.

Headline earnings per share were 7.8 cents against 5.9 cents a year ago. Net asset value per share was 197.4 cents against 174.5 cents a year ago.