Statements of financial position
at 30 September 2014
| COMPANY |
|
|
|
|
|
GROUP |
|
| 2013 |
|
|
(R’million) |
Notes |
|
Restated*
2013 |
|
Restated
1 October
2012 |
* |
| |
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
| |
|
|
|
|
Non-current assets |
|
|
|
|
|
|
|
|
| |
|
|
|
|
Property, plant and equipment |
|
|
5 867,6 |
|
5 498,7 |
|
3 359,2 |
|
| |
|
|
|
|
Land and buildings |
|
|
1 686,1 |
|
1 552,7 |
|
1 148,4 |
|
| |
|
|
|
|
Plant, vehicles and equipment |
|
|
4 170,5 |
|
3 931,5 |
|
2 201,9 |
|
| |
|
|
|
|
Capitalised leased assets |
|
|
11,0 |
|
14,5 |
|
8,9 |
|
| |
|
|
|
|
Goodwill |
|
|
2 411,2 |
|
3 173,2 |
|
2 361,1 |
|
| |
|
|
|
|
Intangible assets |
|
|
2 115,5 |
|
2 251,4 |
|
1 651,0 |
|
| 3 604,4 |
|
4 454,9 |
|
|
Interest in subsidiary companies |
|
|
|
|
|
|
|
|
| 2 561,4 |
|
2 529,8 |
|
|
Amounts owed by subsidiaries |
|
|
|
|
|
|
|
|
| 3 208,2 |
|
3 091,9 |
|
|
Investments |
|
|
3 422,5 |
|
3 413,3 |
|
2 654,7 |
|
| 863,2 |
|
863,2 |
|
|
Investments in associated companies |
|
|
3 066,9 |
|
2 900,6 |
|
2 129,9 |
|
| 1 990,1 |
|
1 950,9 |
|
|
Other investments |
|
|
350,0 |
|
505,5 |
|
517,2 |
|
| 354,9 |
|
277,8 |
|
|
Loans |
|
|
5,6 |
|
7,2 |
|
7,6 |
|
| 10,0 |
|
6,3 |
|
|
Deferred taxation asset |
|
|
306,9 |
|
138,2 |
|
43,9 |
|
| 855,1 |
|
763,7 |
|
|
Current assets |
|
|
10 728,3 |
|
9 485,5 |
|
7 782,0 |
|
| |
|
|
|
|
Inventories |
|
|
4 700,6 |
|
4 652,7 |
|
3 657,3 |
|
| 85,6 |
|
45,0 |
|
|
Trade and other receivables |
|
|
4 867,4 |
|
4 199,9 |
|
3 753,6 |
|
| 499,5 |
|
653,9 |
|
|
Amounts owed by subsidiaries |
|
|
|
|
|
|
|
|
| 270,0 |
|
64,8 |
|
|
Cash and cash equivalents |
|
|
1 160,3 |
|
632,9 |
|
371,1 |
|
| |
|
|
|
|
Assets classified as held-for-sale |
|
|
– |
|
1 280,7 |
|
– |
|
| 10 239,1 |
|
10 846,6 |
|
|
Total assets |
|
|
24 852,0 |
|
25 241,0 |
|
17 851,9 |
|
| |
|
|
|
|
Equity and liabilities |
|
|
|
|
|
|
|
|
| 9 548,8 |
|
10 155,3 |
|
|
Issued capital and reserves |
|
|
13 177,4 |
|
12 787,1 |
|
11 173,3 |
|
| 139,4 |
|
117,3 |
|
|
Ordinary share capital and share premium |
|
|
139,4 |
|
117,3 |
|
94,5 |
|
| 2 943,9 |
|
2 942,4 |
|
|
Non-distributable reserves |
|
|
2 086,3 |
|
1 989,8 |
|
1 408,9 |
|
| 6 067,2 |
|
6 735,0 |
|
|
Accumulated profits |
|
|
13 198,8 |
|
12 990,2 |
|
12 013,0 |
|
| |
|
|
|
|
Tiger Brands Limited shares held by subsidiary |
|
|
(718,0) |
|
(718,0) |
|
(718,0) |
|
| |
|
|
|
|
Tiger Brands Limited shares held by empowerment entities |
|
|
(1 953,9) |
|
(1 956,0) |
|
(1 957,6) |
|
| 398,3 |
|
360,6 |
|
|
Share-based payment reserve |
|
|
424,8 |
|
363,8 |
|
332,5 |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
Non-controlling interests |
|
|
769,8 |
|
1 028,4 |
|
392,7 |
|
| 9 548,8 |
|
10 155,3 |
|
|
Total equity |
|
|
13 947,2 |
|
13 815,5 |
|
11 566,0 |
|
| 545,8 |
|
552,5 |
|
|
Non-current liabilities |
|
|
1 532,9 |
|
2 397,1 |
|
1 062,3 |
|
| – |
|
– |
|
|
Deferred taxation liability |
|
|
279,1 |
|
363,5 |
|
243,7 |
|
| |
|
|
|
|
Provision for post-retirement medical aid |
|
|
626,4 |
|
580,9 |
|
583,6 |
|
| 131,8 |
|
160,6 |
|
|
Long-term borrowings |
|
|
627,4 |
|
1 452,7 |
|
235,0 |
|
| 414,0 |
|
391,9 |
|
|
Amounts owed to subsidiaries |
|
|
|
|
|
|
|
|
| 144,5 |
|
138,8 |
|
|
Current liabilities |
|
|
9 371,9 |
|
8 329,8 |
|
5 223,6 |
|
| 29,1 |
|
37,2 |
|
|
Trade and other payables |
|
|
4 441,6 |
|
3 987,1 |
|
3 256,6 |
|
| – |
|
– |
|
|
Provisions |
|
|
664,6 |
|
561,0 |
|
516,9 |
|
| 1,8 |
|
– |
|
|
Taxation |
|
|
243,6 |
|
131,5 |
|
132,3 |
|
| 37,5 |
|
33,7 |
|
|
Short-term borrowings |
|
|
4 022,1 |
|
3 650,2 |
|
1 317,8 |
|
| 76,1 |
|
67,9 |
|
|
Amounts owed to subsidiaries |
|
|
|
|
|
|
|
|
| |
|
|
|
|
Liabilities directly associated with assets classified as held-for-sale |
|
|
– |
|
698,6 |
|
– |
|
| 10 239,1 |
|
10 846,6 |
|
|
Total equity and liabilities |
|
|
24 852,0 |
|
25 241,0 |
|
17 851,9 |
|
| * The amounts have been restated due to the adoption of IAS 19R. |
| |
|
