Earnings releases
Interim Results for the half-year ended 30 June 2007
| Condensed consolidated |
Unaudited |
|
Unaudited |
|
Audited |
| |
Half-year |
|
Half-year |
|
Year ended |
| |
30 June |
|
30 June |
|
31 December |
| Rmillion |
2007 |
|
2006 |
|
2006 |
|
| ASSETS |
|
|
|
|
|
| |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Property, plant and equipment |
2 847 |
|
4 185 |
|
4 270 |
| Growing crops |
380 |
|
263 |
|
212 |
| Long-term receivable |
203 |
|
203 |
|
203 |
| Goodwill |
42 |
|
22 |
|
21 |
| Intangible assets |
2 |
|
13 |
|
14 |
| Investments |
267 |
|
70 |
|
320 |
| |
|
|
|
| |
3 741 |
|
4 756 |
|
5 040 |
| |
|
|
|
|
|
| Current assets |
2 787 |
|
3 726 |
|
4 016 |
| Inventories |
972 |
|
1 279 |
|
1 595 |
| Trade and other receivables |
1 575 |
|
1 767 |
|
1 879 |
| Derivative instruments |
8 |
|
44 |
|
33 |
| Cash and cash equivalents |
232 |
|
636 |
|
509 |
| |
|
|
|
| TOTAL ASSETS |
6 528 |
|
8 482 |
|
9 056 |
| |
|
|
|
| |
|
|
|
|
|
| EQUITY AND LIABILITIES |
|
|
|
|
|
| |
|
|
|
|
|
| Capital and reserves |
|
|
|
|
|
| Share capital |
108 |
|
106 |
|
107 |
| Share premium |
978 |
|
902 |
|
932 |
| Retained income |
1 654 |
|
3 674 |
|
3 868 |
| Other reserves |
315 |
|
31 |
|
50 |
| |
|
|
|
| Shareholders' interest |
3 055 |
|
4 713 |
|
4 957 |
| Minority interest in subsidiaries |
187 |
|
80 |
|
76 |
| |
|
|
|
| Equity |
3 242 |
|
4 793 |
|
5 033 |
| |
|
|
|
|
|
| Non-current liabilities |
967 |
|
1 375 |
|
1 401 |
| Deferred tax |
606 |
|
980 |
|
1 055 |
| Long-term borrowings |
109 |
|
106 |
|
49 |
| Provisions |
252 |
|
289 |
|
297 |
| |
|
|
|
|
|
| Current liabilities |
2 319 |
|
2 314 |
|
2 622 |
| Trade and other payables (note 9) |
1 150 |
|
1 326 |
|
1 388 |
| Short-term borrowings |
1 118 |
|
895 |
|
1 174 |
| Derivative instruments |
7 |
|
71 |
|
16 |
| Tax |
44 |
|
22 |
|
44 |
| |
|
|
|
|
|
| TOTAL EQUITY AND LIABILITIES |
6 528 |
|
8 482 |
|
9 056 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| Number of shares (000) |
|
|
|
|
|
| - in issue |
107 789 |
|
105 698 |
|
106 591 |
| - weighted average (basic) |
106 816 |
|
104 925 |
|
105 497 |
| - weighted average (diluted) |
108 962 |
|
107 818 |
|
108 261 |
|