return to home page
Annual Report 2004
Balance sheets Income statements | Changes in equity | Cash flow statements | Notes

Balance sheets at 31 December
GROUPCOMPANY
2004200320042003
  Notes R'000R'000R'000R'000 
  Assets      
 Non-current assets     
 Property, plant and equipment2 391 83745 053809949 
 Investment property3 7 6465 2805743 099 
 Interests in subsidiaries4 --237 007266 311 
 Interests in joint ventures5 11 044-673- 
 Investment in associate6 -350-- 
 Available-for-sale investments7 121233 
  Long term interest-bearing receivables and loans8 6 4588 233-- 
 Long term interest-free receivables and loans9 7 85212 7251 075- 
 Deferred taxation10 134 806---  
  559 65571 653240 141270 362 
 Current assets     
 Inventory11 356 81672 415-- 
 Biological assets12 99 28580 144-- 
 Short term interest-bearing receivables and loans8 2 500--- 
 Short term interest-free receivables and loans9 12 482-3 509- 
 Accounts receivable13 474 62395 7411 2791 341 
 SARS - income tax receivable 7 386--- 
 Cash at bank and on hand14 45 01337 245414 129 
  998 105285 5454 79215 470 
 Total assets 1 557 760357 198244 933285 832 
  Equity and liabilities      
 Capital and reserves     
 Issued share capital15 83 74233 62283 74433 624 
 Share premium16 949 966626 235950 122626 391 
 Non-distributable reserves17 -13 488-- 
 Foreign currency translation reserve 454(682)-- 
 Accumulated loss18 (155 037)(468 956)(840 636)(456 308) 
  879 125203 707193 230203 707 
 Minorities' interest19 8 84172-- 
 Non-current liabilities     
 Long term interest-bearing borrowings20 76 218--- 
 Long term interest-free borrowings21 2 340185-- 
 Retirement benefit obligations22 40 6499 92280514 
 Deferred taxation10 5 740--- 
  124 94710 10780514 
 Current liabilities     
 Accounts payable23 341 14564 7666 2367 784 
 SARS - income tax payable 9 0175 2594 4164 497 
 Short term interest-bearing borrowings20 111 16563 02422 02762 459 
 Short term interest-free borrowings21 7 4906 8716 7106 871 
 Bank overdrafts14 45 313-12 168- 
 Provisions24 30 7173 39266- 
  544 847143 31251 62381 611 
 Total liabilities 669 794153 41951 70382 125 
  Total equity and liabilities  1 557 760 357 198244 933285 832 
^Back to top^