| |
|
|
|
GROUP |
|
COMPANY |
|
| |
|
|
|
2005 |
|
2004 |
|
2005 |
|
2004 |
|
| |
|
|
|
|
|
Restated |
|
|
|
Restated |
|
| |
|
|
|
Rm |
|
Rm |
|
Rm |
|
Rm |
|
15.
|
CASH AND CASH EQUIVALENTS
|
|
|
|
|
|
|
|
|
|
|
|
Cash at bank and on hand |
|
|
2,2 |
|
45,0 |
|
– |
|
– |
|
|
Bank overdrafts |
|
|
(112,9) |
|
(45,3) |
|
(91,7) |
|
(12,2) |
|
|
Cash and cash equivalents |
|
|
(110,7) |
|
(0,3) |
|
(91,7) |
|
(12,2) |
|
|
Bank balances and cash comprise cash held by the group as well as short-term bank deposits. The carrying amount of these assets equals their fair value. |
|
Bank overdrafts are repayable on demand. |
|
At year-end the banking facilities and security provided are as follows: |
|
FirstRand Bank Limited
|
|
Short-term general banking facility of R170 million secured as follows: |
|
- Unlimited cross suretyship in favour of the bank by the following companies: KAP International Holdings Limited, Bull Brand Foods (Pty) Limited, Feltex Holdings (Pty) Limited, Dano Textile Industries (Pty) Limited, Ball and Coalter (Woodmead) Properties (Pty) Limited and Kolosus Leathers (Pty) Limited.
- Unrestricted cession of credit balances held at FirstRand Bank Limited.
|
|
Standard Bank of South Africa Limited
|
|
Short-term general banking facility of R160 million secured as follows: |
|
- Unlimited cross suretyship in favour of the bank by the following
companies: KAP International Holdings Limited, Bull Brand Foods (Pty)
Limited, Feltex Holdings (Pty) Limited and Dano Textile Industries (Pty)
Limited.
|
|
Nedbank Limited |
|
Short-term general banking facility of
R100 million secured as follows: |
|
- Unlimited cross suretyship in favour of the bank by the following companies: KAP International Holdings Limited, Bull Brand Foods (Pty) Limited, Feltex Holdings (Pty) Limited, Dano Textile Industries (Pty) Limited, Kolosus Leathers (Pty) Limited, Marker Investments (Pty) Limited, Conshu Holdings Limited, Casa Rosada Investments (Pty) Limited, Conshu Trading (Pty) Limited, Feltex Limited and KAP Investments (Pty) Limited.
|
