Earnings releases
Interim Results for the half-year ended 30 June 2009
|
STATEMENT
OF FINANCIAL POSITION |
|
| Condensed consolidated
|
Unaudited |
|
Unaudited |
|
Audited |
| |
Half-year |
|
Half-year
|
|
Year ended |
| |
30 June |
|
30 June |
|
31 December |
| Rmillion
|
2009 |
|
2008 |
|
2008 |
|
| |
|
|
|
|
|
| ASSETS |
|
|
|
|
|
| |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Property, plant and equipment |
7 696 |
|
3 855 |
|
4 659 |
| Growing crops |
1 517 |
|
575 |
|
742 |
| Long-term receivable |
196 |
|
196 |
|
196 |
| Goodwill |
255 |
|
86 |
|
99 |
| Intangible assets |
5 |
|
5 |
|
6 |
| Investments |
7 |
|
267 |
|
268 |
| |
|
|
|
| |
9 676 |
|
4 984 |
|
5 970 |
| Current assets |
3 767 |
|
3 920 |
|
3 587 |
| Inventories |
1 605 |
|
1 207 |
|
1 709 |
| Trade and other receivables |
1 922 |
|
2 310 |
|
1 647 |
| Derivative instruments |
22 |
|
21 |
|
2 |
| Tax |
|
|
65 |
|
|
| Cash and cash equivalents |
218 |
|
317 |
|
229 |
| |
|
|
|
|
|
| |
|
|
|
| TOTAL ASSETS |
13 443 |
|
8 904 |
|
9 557 |
| |
|
|
|
| EQUITY AND LIABILITIES |
|
|
|
|
|
| |
|
|
|
|
|
| Capital and reserves |
|
|
|
|
|
| Share capital |
138 |
|
138 |
|
138 |
| Share premium |
1 512 |
|
1 503 |
|
1 506 |
| BEE held consolidation shares |
(1 009) |
|
(1 038) |
|
(1 023) |
| Retained income |
4 335 |
|
1 884 |
|
2 087 |
| Other reserves |
(370) |
|
384 |
|
351 |
| |
|
|
|
| Shareholders' interest |
4 606 |
|
2 871 |
|
3 059 |
| |
|
|
|
|
|
| Minority interest in subsidiaries |
889 |
|
247 |
|
276 |
| |
|
|
|
| Equity |
5 495 |
|
3 118 |
|
3 335 |
| |
|
|
|
|
|
| Non-current liabilities |
4 089 |
|
2 564 |
|
2 865 |
| Deferred tax |
1 562 |
|
688 |
|
582 |
| Long-term borrowings |
1 263 |
|
806 |
|
1 212 |
| |
Non-recourse equity-settled BEE borrowings |
780 |
|
803 |
|
792 |
| Provisions |
484 |
|
267 |
|
279 |
| |
|
|
|
|
|
| Current liabilities |
3 859 |
|
3 222 |
|
3 357 |
| Trade and other payables (note 4) |
1 781 |
|
1 862 |
|
1 849 |
| Short-term borrowings |
2 019 |
|
1 350 |
|
1 373 |
| Derivative instruments |
2 |
|
|
|
23 |
| Tax |
57 |
|
10 |
|
112 |
| |
|
|
|
|
|
| |
|
|
|
| TOTAL EQUITY AND LIABILITIES |
13 443 |
|
8 904 |
|
9 557 |
| |
|
|
|
| Number of shares (000) |
|
|
|
|
|
| – in issue |
103 247 |
|
103 078 |
|
103 247 |
| – weighted average (basic) |
103 247 |
|
103 043 |
|
103 070 |
| – weighted average (diluted) |
104 924 |
|
105 734 |
|
105 225 |
|