Earnings releases


Audited Results & Final Dividend Declaration for the year ended 31 December 2005


BALANCE SHEET


  2005   2004
      Restated
Rmillion     for IFRS

Assets      
Non-current assets      
   Property, plant and equipment 4 093   4 106
   Growing crops 182   185
   Long-term receivable 203   210
   Goodwill 21   23
   Intangible assets 12   9
   Investments 57   23
 
 
  4 568   4 556
Current assets 3 360   3 596
   Inventories 1 456   1 649
   Trade and other receivables 1 337   1 108
   Derivative instruments 41   36
   Cash and cash equivalents 526   803
 
 
Total assets 7 928   8 152
 
 
Equity and liabilities      
Capital and reserves      
   Share capital 104   102
   Share premium 821   759
   Retained income 3 651   3 426
   Other reserves 37   60
 
 
Shareholders’ interest 4 613   4 347
   Minority interests in subsidiaries 75   71
 
 
Equity 4 688   4 418
Non-current liabilities 1 357   1 380
   Deferred tax 936   854
   Long-term borrowings 138   255
   Provisions 283   271
Current liabilities 1 883   2 354
   Trade and other payables (note 7) 1 119   1 171
   Short-term borrowings 702   1 125
   Derivative instruments 18   52
   Tax 44   6
 
 
Total equity and liabilities 7 928   8 152
 
 
Number of shares (000)      
– in issue 103 896   102 248
– weighted average (basic) 103 018   101 718
– weighted average (diluted) 105 552   102 791
Debt to equity 17,9%   31,2%
Net debt to equity 6,7%   13,1%