Annual Financial Statements


Financial Statements for the year ended 31 December 2006


Balance Sheets

as at 31 December 2006

Company       Group
2005 2006   Rmillion Note   2006 2005
               
     

ASSETS

       
      Non-current assets        
1 879 1 992   Property, plant and equipment 1   4 270 4 093
77 87   Growing crops 2   212 182
203 203   Long-term receivable 3   203 203
      Goodwill 4   21 21
      Intangible assets 5   14 12
3 2   Investments 6   320 57
1 088 1 834   Subsidiaries and joint ventures 7      
3 250 4 118         5 040 4 568
1 478 1 494   Current assets     4 016 3 360
874 911   Inventories 8   1 595 1 456
533 568   Trade and other receivables     1 879 1 337
31 6   Derivative instruments 9   33 41
40 9   Cash and cash equivalents 10   509 526
               
4 728 5 612  

TOTAL ASSETS

    9 056 7 928
               
               
     

EQUITY AND LIABILITIES

       
      Capital and reserves        
104 107   Share capital 11   107 104
821 932   Share premium     932 821
2 055 2 185   Retained income     3 868 3 651
59 75   Other reserves     50 37
3 039 3 299   Shareholders’ interest     4 957 4 613
      Minority interest in subsidiaries     76 75
3 039 3 299   Equity     5 033 4 688
594 719   Non-current liabilities     1 401 1 357
357 472   Deferred tax 12   1 055 936
      Long-term borrowings 13   49 138
237 247   Provisions 14   297 283
1 095 1 594   Current liabilities     2 622 1 883
539 550   Trade and other payables 15   1 388 1 119
547 1 039   Short-term borrowings 13   1 174 702
9 5   Derivative instruments 9   16 18
      Tax     44 44
               
4 728 5 612  

TOTAL EQUITY AND LIABILITIES

    9 056 7 928