Annual Financial Statements


 
Group statement of financial position
at 30 June 2011
 
 
  Notes   2011  
R’million  
  2010  
R’million  
ASSETS          
Non-current assets          
Property, plant and equipment   1   3 651,5     3 012,4  
Goodwill   2   4 626,6     456,1  
Intangible assets   3   8 916,7     8 609,9  
Investment in associate   4   –     2,0  
Other non-current financial receivables   5   11,8     32,4  
Deferred tax assets   6   216,5     65,5  
Total non-current assets     17 423,1     12 178,3  
Current assets          
Inventories   7   2 628,1     2 041,4  
Trade and other receivables   8   3 105,5     2 302,2  
Current tax assets     158,3     57,2  
Derivative financial instruments   9   –     0,1  
Cash and cash equivalents   10   3 039,2     2 939,8  
Cash restricted for use   11   28,7     21,8  
Total operating current assets     8 959,8     7 362,5  
Assets classified as held-for-sale   12   414,5     260,1  
Total current assets     9 374,3     7 622,6  
Total assets     26 797,4     19 800,9  
SHAREHOLDERS’ EQUITY          
Share capital and share premium   13   4 809,6     5 102,5  
Treasury shares   14   (33,4)    (13,5) 
Non-distributable reserves     (108,1)    (182,3) 
Share-based compensation reserve   15   32,5     42,7  
Retained income     8 363,6     5 719,6  
Ordinary shareholders’ equity     13 064,2     10 669,0  
Preference shares – equity component   16   162,0     162,0  
     13 226,2     10 831,0  
Non-controlling interests   17   61,1     55,2  
Total shareholders’ equity     13 287,3     10 886,2  
LIABILITIES          
Non-current liabilities          
Preference shares – liability component   16   381,3     386,6  
Borrowings   18   4 249,0     2 260,2  
Deferred revenue   19   148,2     159,4  
Deferred tax liabilities   6   504,9     263,2  
Retirement benefit obligations   20   18,8     15,4  
Total non-current liabilities     5 302,2     3 084,8  
Current liabilities          
Trade and other payables   21   2 830,8     1 913,9  
Borrowings   18   5 138,0     3 720,8  
Deferred revenue   19   19,2     8,6  
Current tax liabilities     123,4     43,4  
Derivative financial instruments   22   65,6     143,2  
Total operating current liabilities     8 177,0     5 829,9  
Liabilities associated with assets held-for-sale   12   30,9     –  
Total current liabilities     8 207,9     5 829,9  
Total liabilities     13 510,1     8 914,7  
Total equity and liabilities     26 797,4     19 800,9