| |
Pick n Pay Group of Companies annual financial statements
Consolidated statements of financial position
| |
|
Pick n Pay Stores
Group |
Pick n Pay Holdings
Group |
| |
|
As at
3 March
2013 |
As at
29 February
2012 |
As at
3 March
2013 |
As at
29 February
2012 |
| |
Notes |
Rm |
Rm |
Rm |
Rm |
| ASSETS |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Intangible assets |
9 |
947.9 |
799.6 |
947.9 |
799.6 |
| Property, equipment and vehicles |
10 |
3 917.7 |
3 863.9 |
3 917.7 |
3 863.9 |
| Operating lease asset |
11.1 |
105.5 |
84.8 |
105.5 |
84.8 |
| Participation in export partnerships |
12 |
28.1 |
34.8 |
28.1 |
34.8 |
| Deferred tax assets |
13 |
174.4 |
116.5 |
174.4 |
116.5 |
| Investment in associate |
14.1 |
133.9 |
110.5 |
133.9 |
110.5 |
| Loans |
15 |
98.5 |
80.8 |
98.9 |
81.2 |
| Available-for-sale investment |
16 |
0.2 |
0.2 |
0.2 |
0.2 |
| Retirement scheme assets |
23.1 |
1.8 |
— |
1.8 |
— |
| |
|
5 408.0 |
5 091.1 |
5 408.4 |
5 091.5 |
| Current assets |
|
|
|
|
|
| Inventory |
17 |
3 996.5 |
3 334.9 |
3 996.5 |
3 334.9 |
| Trade and other receivables |
18 |
2 360.9 |
2 120.6 |
2 360.9 |
2 120.6 |
| Cash and cash equivalents |
19 |
1 255.7 |
1 271.7 |
1 255.7 |
1 271.7 |
| |
|
7 613.1 |
6 727.2 |
7 613.1 |
6 727.2 |
| Total assets |
|
13 021.1 |
11 818.3 |
13 021.5 |
11 818.7 |
| EQUITY AND LIABILITIES |
|
|
|
|
|
| Capital and reserves |
|
|
|
|
|
| Share capital |
20 |
6.0 |
6.0 |
6.6 |
6.6 |
| Share premium |
|
— |
— |
120.8 |
120.8 |
| Treasury shares |
21 |
(139.4) |
(142.8) |
(89.3) |
(82.4) |
| Retained earnings |
|
2 562.6 |
2 559.2 |
1 222.4 |
1 218.2 |
| Foreign currency translation deficit |
|
(13.2) |
(18.3) |
(7.1) |
(9.9) |
| Attributable to equity holders of the Company |
|
2 416.0 |
2 404.1 |
1 253.4 |
1 253.3 |
| Non-controlling interest |
|
— |
— |
1 157.4 |
1 147.5 |
| Total shareholders’ interest |
|
2 416.0 |
2 404.1 |
2 410.8 |
2 400.8 |
| Non-current liabilities |
|
|
|
|
|
| Borrowings |
22 |
772.5 |
771.2 |
772.5 |
771.2 |
| Retirement scheme obligations |
23.1 |
— |
9.0 |
— |
9.0 |
| Operating lease liability |
11.2 |
924.6 |
829.1 |
924.6 |
829.1 |
| |
|
1 697.1 |
1 609.3 |
1 697.1 |
1 609.3 |
| Current liabilities |
|
|
|
|
|
| Bank overdraft and overnight borrowings |
19 |
1 525.6 |
— |
1 525.6 |
— |
| Borrowings |
22 |
431.5 |
693.3 |
431.5 |
693.3 |
| Tax |
5.4 |
82.8 |
99.6 |
82.8 |
99.6 |
| Trade and other payables |
24 |
6 865.0 |
7 006.3 |
6 870.6 |
7 010.0 |
| Derivative financial instruments |
28.3.1 |
3.1 |
5.7 |
3.1 |
5.7 |
| |
|
8 908.0 |
7 804.9 |
8 913.6 |
7 808.6 |
| Total equity and liabilities |
|
13 021.1 |
11 818.3 |
13 021.5 |
11 818.7 |
|
