| COMPANY |
|
|
|
|
|
|
GROUP |
| 2006 |
|
2005 |
|
|
(Rands in millions) |
Notes |
|
|
2006 |
|
2005 |
| |
|
|
|
|
Assets |
|
|
|
|
|
|
| |
|
|
|
|
Non-current assets |
|
|
|
|
|
|
| |
|
|
|
|
Property, plant and equipment |
14 |
|
|
1 910,0 |
|
1 474,2 |
| |
|
|
|
|
Land and buildings |
|
|
|
717,1 |
|
635,2 |
| |
|
|
|
|
Plant, vehicles, vessels and equipment |
|
|
|
1
181,7 |
|
815,4 |
| |
|
|
|
|
Capitalised leased assets |
|
|
|
11,2 |
|
23,6 |
| |
|
|
|
|
Goodwill and intangible assets |
15 |
|
|
1 610,4 |
|
537,7 |
| 5 380,9 |
|
6 445,0 |
|
|
Interest in subsidiary companies |
17 |
|
|
|
|
|
| 130,6 |
|
45,6 |
|
|
Investments |
|
|
|
736,7 |
|
1 268,7 |
| 0,5 |
|
0,5 |
|
|
Investments in associated companies |
18 |
|
|
413,0 |
|
574,5 |
| 82,1 |
|
41,7 |
|
|
Other investments |
19 |
|
|
218,3 |
|
618,8 |
| 48,0 |
|
3,4 |
|
|
Loans |
20 |
|
|
105,4 |
|
75,4 |
| — |
|
3,1 |
|
|
Deferred taxation asset |
21 |
|
|
144,6 |
|
164,7 |
| 954,4 |
|
620,6 |
|
|
Current assets |
|
|
|
5 867,4 |
|
5 741,0 |
| |
|
|
|
|
Inventories |
22 |
|
|
2 208,2 |
|
1 922,4 |
| 28,7 |
|
15,4 |
|
|
Trade and other receivables |
23 |
|
|
3 089,0 |
|
2 489,5 |
| 925,7 |
|
605,2 |
|
|
Cash and cash equivalents |
24 |
|
|
570,2 |
|
1 329,1 |
| |
|
|
|
|
Assets classified as held for sale |
25 |
|
|
6,2 |
|
4,2 |
| 6 465,9 |
|
7 114,3 |
|
|
Total assets |
|
|
|
10 275,3 |
|
9 190,5 |
| |
|
|
|
|
Equity and liabilities |
|
|
|
|
|
|
| |
|
|
|
|
Issued capital and reserves |
|
|
|
|
|
|
| 828,6 |
|
761,2 |
|
|
Ordinary share capital and premium |
28 |
|
|
828,6 |
|
761,2 |
| 2 941,7 |
|
2 936,7 |
|
|
Non-distributable reserves |
29 |
|
|
513,7 |
|
777,4 |
| 787,6 |
|
381,2 |
|
|
Accumulated profits |
|
|
|
4 554,2 |
|
3 173,7 |
| |
|
|
|
|
Tiger Brands Limited shares held by subsidiary |
|
|
|
(842,0) |
|
(842,0) |
| |
|
|
|
|
Tiger Brands Limited shares held by empowerment trusts |
30 |
|
|
(662,0) |
|
(662,0) |
| 73,6 |
|
38,9 |
|
|
Share-based payment reserve |
|
|
|
78,0 |
|
38,5 |
| |
|
|
|
|
Minority interest |
|
|
|
181,7 |
|
138,4 |
| 4 631,5 |
|
4 118,0 |
|
|
Total equity |
|
|
|
4 652,2 |
|
3 385,2 |
| 996,5 |
|
2 373,6 |
|
|
Non-current liabilities |
|
|
|
1 604,6 |
|
1 683,3 |
| 3,3 |
|
16,8 |
|
|
Deferred taxation liability |
31 |
|
|
231,2 |
|
463,5 |
| |
|
|
|
|
Provision for post-retirement medical aid |
38 |
|
|
353,7 |
|
349,8 |
| |
|
|
|
|
Long-term borrowings |
34 |
|
|
911,7 |
|
762,0 |
| |
|
|
|
|
Sea Harvest put option |
|
|
|
108,0 |
|
108,0 |
| 993,2 |
|
2 356,8 |
|
|
Amounts owed to subsidiaries |
|
|
|
|
|
|
| 837,9 |
|
622,7 |
|
|
Current liabilities |
|
|
|
4 017,4 |
|
4 121,5 |
| |
|
|
|
|
Trade and other payables |
32 |
|
|
1 367,1 |
|
1 197,4 |
| |
|
|
|
|
Shareholders for empowerment transaction |
30 |
|
|
— |
|
723,5 |
| 48,1 |
|
37,3 |
|
|
Provisions and accruals |
33 |
|
|
1 927,1 |
|
1 539,2 |
| |
|
|
|
|
Taxation |
|
|
|
131,2 |
|
267,3 |
| 789,8 |
|
585,4 |
|
|
Short-term borrowings |
34 |
|
|
592,0 |
|
394,1 |
| |
|
|
|
|
Liabilities classified as held for sale |
25 |
|
|
1,1 |
|
0,5 |
| 6 465,9 |
|
7 114,3 |
|
|
Total equity and liabilities |
|
|
|
10 275,3 |
|
9 190,5 |
|