(1) Includes depreciation of property, plant and equipment (including in-vehicle devices).
(2) Includes amortization of intangible assets (including product development costs).
(3) Includes impairment of intangibles assets.
(4) As per our adjusted EBITDA definition, the profit measure is calculated before all unrealized foreign exchange gains/(losses) and foreign exchange gains/(losses) related to the cash proceeds raised through the initial public offering of ADRs on the NYSE. The remaining realized foreign exchange gains/(losses), which are included in adjusted EBITDA, have been included in the reconciliation of adjusted EBITDA to operating profit.

MiX TELEMATICS LIMITED
OTHER FINANCIAL AND OPERATING DATA
				South African rand							United States dollar
Figures are in thousands unless otherwise stated				Three months ended December 31,			Three months ended December 31,				Three months ended December 31,			Three months ended December 31,
				2013			2012				2013			2012
				Unaudited			Unaudited				Unaudited			Unaudited
Subscription revenue				219,835			176,032				21,002			16,817
Adjusted EBITDA				65,512			69,205				6,259			6,612
Cash and cash equivalents				792,576			76,794				75,718			7,336
Net cash				731,056			19,418				69,842			1,855
Capital expenditure				32,966			21,645				3,149			2,068
Vehicles under subscription (number)				428,509			340,377				428,509			340,377

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