Consolidated statement of financial position
| Unaudited As at 31 August 2014 Rm |
Unaudited As at 1 September 2013 Rm |
Audited As at 2 March 2014 Rm |
|
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment | 3 947.8 | 3 980.7 | 4 039.3 |
| Intangible assets | 1 016.3 | 959.5 | 987.6 |
| Operating lease assets | 145.8 | 116.3 | 132.8 |
| Investment in associate | 177.0 | 148.3 | 165.9 |
| Participation in export partnerships | 26.9 | 25.4 | 25.1 |
| Loans | 108.7 | 95.1 | 92.0 |
| Retirement scheme assets | 94.3 | 12.0 | 85.1 |
| Deferred tax assets | 206.9 | 205.4 | 212.1 |
| 5 723.7 | 5 542.7 | 5 739.9 | |
| Current assets | |||
| Inventory | 4 153.6 | 3 950.7 | 3 979.8 |
| Trade and other receivables | 2 709.4 | 2 390.1 | 2 841.1 |
| Cash and cash equivalents | 1 285.4 | 1 340.3 | 1 540.3 |
| Derivative financial instruments | – | – | 3.5 |
| 8 148.4 | 7 681.1 | 8 364.7 | |
| Total assets | 13 872.1 | 13 223.8 | 14 104.6 |
| EQUITY AND LIABILITIES | |||
| Capital and reserves | |||
| Share capital | 6.0 | 6.0 | 6.0 |
| Share premium | – | – | – |
| Treasury shares | (162.7) | (140.1) | (145.7) |
| Retained earnings | 2 709.7 | 2 458.6 | 2 849.1 |
| Foreign currency translation deficit | (13.3) | (16.9) | (6.8) |
| Total shareholders’ interest | 2 539.7 | 2 307.6 | 2 702.6 |
| Non-current liabilities | |||
| Borrowings | 741.1 | 772.3 | 747.1 |
| Operating lease liabilities | 1 108.6 | 986.7 | 1 042.7 |
| 1 849.7 | 1 759.0 | 1 789.8 | |
| Current liabilities | |||
| Trade and other payables | 9 069.0 | 8 231.1 | 8 085.1 |
| Bank overdraft and overnight borrowings | 320.0 | – | 670.0 |
| Borrowings | 40.2 | 829.6 | 737.8 |
| Tax | 45.9 | 80.2 | 111.2 |
| Provisions | 4.5 | 9.6 | 8.1 |
| Derivative financial instruments | 3.1 | 6.7 | – |
| 9 482.7 | 9 157.2 | 9 612.2 | |
| Total equity and liabilities | 13 872.1 | 13 223.8 | 14 104.6 |
| Net asset value – cents per share (property valued based on directors’ valuation) | 613.6 | 543.1 | 645.6 |