Earnings releases


Interim Results for the half-year ended 30 June 2003


BALANCE SHEET

  

UnauditedUnauditedAudited
Half-yearHalf-yearYear ended
30 June30 June31 December
200320022002
RmillionRestated
Assets
Property, plant and equipment4 2374 1894 144
Growing crops219205168
Long-term receivable210210210
Investments144229
Derivative instruments3611151
Inventories1 5531 2641 463
Accounts receivable1 0951 002982
Cash resources842946938



Total assets8 2067 9697 985



Equity and liabilities
Equity4 1604 4004 567
Minority interests in subsidiaries555
Deferred tax9539721 012
Borrowings long and short-term1 4571 107931
Provisions244241245
Derivative instruments1563186
Accounts payable1 2311 2411 039



Total equity and liabilities8 2067 9697 985



Number of shares (000)
- in issue101 461101 299101 352
- weighted average (basic)101 370101 221101 269
- weighted average (diluted)101 883103 312102 870
Net asset value per share (cents)4 1004 3444 506
Debt to equity ratio28,5%20,6%16,7%