Annual Financial Statements


Financial Statements for the year ended 31 December 2004


Balance Sheets

as at 31 December 2004  

 

Company    Group
2003 2004  Rmillion Note  20042003
 ASSETS
           
    Non-current assets     
1 908 1 860    Property, plant and equipment 1  4 1154 162
94 76    Growing crops 2  185179
210 210    Long-term receivable 3  210210
    Goodwill 4  3537
22    Investments 5  235
11 14    Derivative instruments 6  3611
919 1 051    Subsidiaries and joint ventures 7     
3 144 3 213     4 604 4 604
           
1 825 1 662  Current assets  3 558 3 709
1 251 1 047    Inventories 8  1 649 1 769
527 562    Trade and other receivables  1 106 1 132
47 53    Cash and cash equivalents 9  803 808
           
4 969 4 875  TOTAL ASSETS  8 162 8 313
 
     
 EQUITY AND LIABILITIES
 Capital and reserves
101 102    Share capital 10  102101
730 759    Share premium  759 730
1435    Non-distributable reserves  69 29
1 725 1 780    Retained income  3 427 3 333
2 570 2 676  Equity  4 357 4 193
           
  Minority interest in subsidiaries  71 6
296 276  Deferred tax 11  854866
  Long-term borrowings 12  255371
221 228  Provisions 13  271260
111  Derivative instruments 6  5253
           
1 881 1 684  Current liabilities  2 302 2 564
1 036 682    Trade and other payables 14  1 171 1 551
845 1 002    Short-term borrowings 12  1 125 998
      Tax  6 15
          
4 969 4 875  TOTAL EQUITY AND LIABILITIES  8 162 8 313