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Notes to the financial statements
continued
for the year ended 30 September 2015
148
Tiger Brands Limited integrated annual report
2015
GROUP
(R’million)
2015
2014
16 Investments in associated companies
continued
The trading results of the associate companies whose results are equity accounted in the
consolidated financial statements are as follows:
Revenue (100%)
23 408,0
22 101,6
Turnover (100%)
23 397,4
22 091,0
Profit for the year (100%)
1 662,3
1 721,5
Profit attributable to ordinary shareholders of Tiger Brands
602,8
596,9
Oceana Group Limited
– Normal trading
308,7
284,7
– Abnormal items
0,7
(2,5)
Oceana Group Limited (after abnormal items)
309,4
282,2
National Foods Holdings Limited
– Normal trading
56,6
77,3
– Abnormal items
(3,0)
(5,4)
National Foods Holdings Limited (after abnormal items)
53,6
71,9
Empresas Carozzí
207,1
199,0
UAC Foods
32,7
43,8
Less:
Dividends
(326,0)
(287,2)
Share of associated companies’ income less dividends received
276,8
309,7
Share of movement in associates’ reserves
The aggregate statements of financial position of associates are summarised
as follows (100%):
Property, plant and equipment
10 727,5
8 863,4
Goodwill and intangible assets
7 063,5
2 466,0
Investments
411,8
239,7
Deferred taxation
25,6
24,1
Net current assets
5 086,7
4 246,6
Total assets
23 315,1
15 839,8
Long-term liabilities
(9 083,4)
(4 924,2)
Deferred taxation
(1 429,7)
(771,1)
Total shareholders’ funds
12 802,0
10 144,5