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Group performance review and outlook

Audited summarised consolidated annual financial statements

Statement of financial position
as at 30 June 2014

  Notes   Audited  
2014  
Rm  
Audited  
2013*
Rm  
Audited  
2012*
Rm  
ASSETS          
Non-current assets          
Investment property   5   86   71   –  
Property, plant and equipment   5   6 346   6 789   6 666  
Goodwill arising on consolidation   6   663   1 425   1 384  
Intangible assets   5 / 6   321   184   165  
Equity-accounted investments     306   144   105  
Available-for-sale investments     190   70   146  
Deferred taxation assets   7   1 403   1 347   998  
Amounts due from contract customers*   8   2 946   2 520   241  
    12 261   12 550   9 705  
Current assets          
Inventories     2 793   2 780   2 467  
Amounts due from contract customers*   8   8 405   6 737   6 648  
Trade and other receivables*     2 785   2 773   2 739  
Cash and bank balances*   9   4 136   4 120   4 852  
Non-current assets held-for-sale   10   607   —   —  
    18 726   16 410   16 706  
TOTAL ASSETS     30 987   28 960   26 411  
EQUITY AND LIABILITIES          
Equity          
Share capital and share premium     2 008   1 388   1 435  
Reserves*     1 220   748   546  
Retained earnings*     10 157   11 159   10 920  
Equity attributable to equity-holders of parent     13 385   13 295   12 901  
Non-controlling interest     11   12   10  
    13 396   13 307   12 911  
Liabilities          
Non-current liabilities          
Deferred taxation liabilities   7   257   319   299  
Borrowings and other liabilities     2 303   1 312   748  
Payables other than contract-related*   11   102   181   307  
Employee-related payables*     682   462   369  
    3 344   2 274   1 723  
Current liabilities          
Amounts due to contract customers*   8   2 677   2 367   2 271  
Borrowings and other liabilities     564   219   180  
Payables other than contract-related*   11   95   102   —  
Employee-related payables*     893   1 208   1 142  
Trade and other payables*     9 805   9 050   7 894  
Taxation payable     213   210   242  
Bank overdraft*   9   —   223   48  
    14 247   13 379   11 777  
TOTAL LIABILITIES     17 591   15 653   13 500  
TOTAL EQUITY AND LIABILITIES     30 987   28 960   26 411  
* Comparatives have been amended as detailed in note 3: New accounting standards and interpretations adopted, changes in accounting policies and other reclassifications.