Operating Segments (Tables)

12 Months Ended

Jun. 30, 2012


	Year ended June 30, 2011
	Re-casted			As previously reported			Difference

Revenues to external customers
SA transaction-based activities	$	189,206		$	188,590		$	616
International transaction-based activities		70,382			69,947			435
Smart card accounts		33,315			33,315			-
Financial services		7,350			7,313			37
Hardware, software and related technology sales		43,167			44,255			(1,088	)
Total		343,420			343,420			-
Operating income (loss)
SA transaction-based activities		75,668			74,642			1,026
International transaction-based activities		(220	)		1,707			(1,927	)
Smart card accounts		15,140			15,140			-
Financial services		4,999			5,658			(659	)
Hardware, software and related technology sales		(48,372	)		(49,930	)		1,558
Corporate/Eliminations		(9,787	)		(9,789	)		2
Total		37,428			37,428			-
Net income (loss)
SA transaction-based activities		54,009			52,613			1,396
International transaction-based activities		652			2,700			(2,048	)
Smart card accounts		10,904			10,904			-
Financial services		3,587			4,061			(474	)
Hardware, software and related technology sales		(45,191	)		(46,316	)		1,125
Corporate/Eliminations		(21,314	)		(21,315	)		1
Total	$	2,647		$	2,647		$	-

Summary Of Segment Information


	June 30,
	2012		2011		2010

Revenues to external customers
South African transaction-based activities	$	201,207	$	189,206	$	191,362
International transaction-based activities		118,281		70,382		-
Smart card accounts		31,263		33,315		31,971
Financial services		8,121		7,350		4,023
Hardware, software and related technology sales		31,392		43,167		53,008
Total		390,264		343,420		280,364
Inter-company revenues
South African transaction-based activities		5,452		4,015		3,837
International transaction-based activities		-		-		-
Smart card accounts		1,065		-		-
Financial services		-		-		-
Hardware, software and related technology sales		1,784		2,281		1,892
Total	$	8,301	$	6,296	$	5,729


	June 30,
	2012			2011			2010

Operating income
South African transaction-based activities	$	49,824		$	75,668		$	106,036
International transaction-based activities		1,257			(220	)		-
Smart card accounts		12,820			15,140			14,532
Financial services		4,636			4,999			2,881
Hardware, software and related technology sales		3,619			(48,372	)		(42,524	)
Corporate/ Eliminations		(11,006	)		(9,787	)		(11,114	)
Total		61,150			37,428			69,811
Interest earned
South African transaction-based activities		-			-			-
International transaction-based activities		-			-			-
Smart card accounts		-			-			-
Financial services		-			-			-
Hardware, software and related technology sales		-			-			-
Corporate/ Eliminations		8,576			7,654			10,116
Total		8,576			7,654			10,116
Interest expense
South African transaction-based activities		463			652			981
International transaction-based activities		44			526			-
Smart card accounts		-			-			-
Financial services		2			15			1
Hardware, software and related technology sales		109			59			5
Corporate/ Eliminations		8,727			7,420			60
Total		9,345			8,672			1,047
Depreciation and amortization
South African transaction-based activities		9,370			8,997			6,714
International transaction-based activities		26,206			16,584			-
Smart card accounts		-			-			-
Financial services		345			539			510
Hardware, software and related technology sales		624			7,846			10,978
Corporate/ Eliminations		(46	)		705			1,146
Total		36,499			34,671			19,348
Income taxation expense
South African transaction-based activities		13,948			21,003			29,713
International transaction-based activities		(449	)		(1,003	)		-
Smart card accounts		3,590			4,238			4,068
Financial services		1,286			1,394			806
Hardware, software and related technology sales		894			(3,111	)		684
Corporate/ Eliminations		(3,333	)		11,004			5,551
Total		15,936			33,525			40,822
Net income attributable to Net1
South African transaction-based activities		35,414			54,009			75,536
International transaction-based activities		2,190			652			-
Smart card accounts		9,230			10,904			10,465
Financial services		3,309			3,587			2,073
Hardware, software and related technology sales		2,616			(45,191	)		(43,405	)
Corporate/ Eliminations		(8,108	)		(21,314	)		(5,679	)
Total	$	44,651		$	2,647		$	38,990


	June 30,
	2012		2011		2010

Expenditures for long-lived assets
South African transaction-based activities	$	23,408	$	2,423	$	2,177
International transaction-based activities		14,978		12,113		-
Smart card accounts		-		-		-
Financial services		620		400		302
Hardware, software and related technology sales		161		117		251
Corporate/ Eliminations		-		-		-
Total	$	39,167	$	15,053	$	2,730

Revenue Based On Geographic Location


	2012		2011		2010

South Africa	$	272,063	$	264,485	$	267,478
Korea		114,096		68,392		-
Europe		2,413		10,465		12,301
Rest of world		1,692		78		585
Total	$	390,264	$	343,420	$	280,364

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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