Annual Financial Statements


Financial Statements for the year ended 31 December 2003


Balance Sheets


as at 31 December 2003
CompanyGroup
20022003RmillionNote 20032002
RestatedRestated
ASSETS
Non-current assets
1 8891 908 Property, plant and equipment 1 4 1624 104
10094 Growing crops 2 179168
210210 Long-term receivable 3 210210
Goodwill 4 3740
22 Investments 5 5 29
3911 Derivative instruments 6 11 51
639919 Subsidiaries and joint ventures 7 


2 8793 144 4 6044 602
 
1 9231 825Current assets3 7093 807
1 2461 251 Inventories 8 1 7691 887
514527 Accounts receivable 1 132982
16347 Cash resources 808938
 


4 8024 969 TOTAL ASSETS 8 3138 409



EQUITY AND LIABILITIES
Capital and reserves
101101 Share capital 9 101101
728730 Share premium730 728
3614 Non-distributable reserves29115
2 0001 725 Retained income3 3333 607


2 8652 570Equity4 1934 551
 
Minority interest in subsidiaries65
401296Deferred tax 10 8661 006
183Long-term borrowings 11 371614
212221Provisions 12 260245
641Derivative instruments 6 53186
 
1 0771 881Current liabilities2 5641 802
1 0061 036 Trade and other payables 13 1 5511 476
71845 Short-term borrowings 11 998317
   Tax159


4 8024 969TOTAL EQUITY AND LIABILITIES8 3138 409