Financial Highlights

¹ Includes revenue and implementation costs related to our SASSA contract from April 2012. In addition, 2014 includes recovery of $26.6 million of implementation costs from SASSA.
² Includes a non-cash charge of approximately $11.3 million in 2014 related to common stock issued in a BEE transaction. In addition, 2012 includes a non-cash charge of approximately $14.2 million in connection with the issuance of a now-expired option to purchase shares of our common stock in a previous BEE transaction.

¹ Cash flows used in investing activities include movements in settlement assets and cash flows provided by (used in) financing activities include movement in settlement liabilities.
² Cash flows (used in) provided by investing activities and cash flows (used in) provided by financing activities for fiscal 2015, 2014, 2013 and 2012 have been restated as discussed in footnote 2 to the table below. We have:

• increased cash flows from investing activities and increased cash flows from financing activities by $21.3 million during the year ended June 30, 2015;
• decreased cash flows from investing activities and increased cash flows from financing activities by $12.4 million during the year ended June 30, 2014;
• increased cash flows from investing activities and decreased cash flows from financing activities by $10.1 million during the year ended June 30, 2013; and
• decreased cash flows from investing activities and increased cash flows from financing activities by $45.1 million during the year ended June 30, 2012.

¹ During the year ended June 30, 2016, we identified a balance sheet misclassification between current assets and long-term assets reported as of June 30, 2015. We have restated these amounts in our consolidated balance sheet as of June 30, 2015, and have decreased our accounts receivable, net of allowances, which impacts total current assets before settlement assets, and increased our other long-term assets by approximately $27.4 million, which has no impact on total assets. The amounts presented in the table have been adjusted for prior periods. The restated adjustments decreased our total current assets before settlement assets, and increased our other long-term assets for fiscal 2014, 2013 and 2012, by $23.3 million, $15.7 million and $11.9 million, respectively. This restatement had no impact on our previously reported consolidated income, comprehensive income or cash flows.
² During fiscal 2016, and in prior financial years, certain bank accounts, cash in transit and funds in preparation for immediate access by grant beneficiaries, as well as the corresponding obligation to grant beneficiaries, were not included in settlement assets and obligations, primarily due to the reservation of ownership clause in our agreement with SASSA and the assumption of total risk over the cash by the cash transfer service providers. In the course of the annual consideration of our accounting practices and in the context of the increased and more diversified payment delivery channels arising from our ATM and point of sale roll out, we have decided that our presentation would be enhanced by including these gross amounts in settlement assets and obligations. We have accordingly restated our balance sheet as of June 30, 2015, 2014, 2013 and 2012 to record an increase in settlement assets and obligations of $30.5 million, $12.4 million, $26.3 million and $42.0 million, espectively (balances translated at rates applicable as of June 30, 2015, 2014, 2013 and 2012, respectively.) The inclusion of these accounts did not impact on cash and cash equivalents reported nor did it impact on the Company's current assets before settlement assets and current liabilities before settlement obligations.