Pick n Pay Group of Companies financial statements

statements of financial position

Pick n Pay Stores Group

Pick n Pay Holdings Group

Notes

As at

1 March

2015

Rm

As at

2 March

2014

Rm

As at

1 March

2015

Rm

As at

2 March

2014

Rm

ASSETS

Non-current assets

Property, plant and equipment

10

4 187.0

4 039.3

4 187.0

4 039.3

Intangible assets

9

1 010.2

987.6

1 010.2

987.6

Operating lease assets

11

149.8

132.8

149.8

132.8

Investment in associate

14

180.2

165.9

180.2

165.9

Participation in export partnerships

12

23.4

25.1

23.4

25.1

Loans

15

100.6

92.0

100.6

92.0

Retirement scheme assets

22

70.1

85.1

70.1

85.1

Deferred tax assets

13

198.8

212.1

198.8

212.1

5 920.1

5 739.9

5 920.1

5 739.9

Current assets

Inventory

16

4 654.5

3 979.8

4 654.5

3 979.8

Trade and other receivables

17

2 956.7

2 841.1

2 956.7

2 841.1

Cash and cash equivalents

18

1 173.8

1 540.3

1 174.6

1 540.3

Derivative financial instruments

28

1.4

3.5

1.4

3.5

8 786.4

8 364.7

8 787.2

8 364.7

Total assets

14 706.5

14 104.6

14 707.3

14 104.6

EQUITY AND LIABILITIES

Equity

Share capital

19

6.0

6.0

6.6

6.6

Share premium

120.8

120.8

Treasury shares

20

(169.1)

(145.7)

(109.0)

(95.3)

Retained earnings

3 311.4

2 849.1

1 619.3

1 377.3

Foreign currency translation reserve

(18.2)

(6.8)

(9.8)

(3.6)

Attributable to owners of the Company

3 130.1

2 702.6

1 627.9

1 405.8

Non-controlling interest

29

1 499.2

1 290.6

Total equity

3 130.1

2 702.6

3 127.1

2 696.4

Non-current liabilities

Borrowings

21

492.8

747.1

492.8

747.1

Operating lease liabilities

11

1 138.5

1 042.7

1 138.5

1 042.7

1 631.3

1 789.8

1 631.3

1 789.8

Current liabilities

Trade and other payables

23

9 025.8

8 085.1

9 029.6

8 091.3

Bank overdraft and overnight borrowings

18

500.0

670.0

500.0

670.0

Borrowings

21

291.5

737.8

291.5

737.8

Current tax liabilities

6

126.8

111.2

126.8

111.2

Provisions

24

1.0

8.1

1.0

8.1

9 945.1

9 612.2

9 948.9

9 618.4

Total equity and liabilities

14 706.5

14 104.6

14 707.3

14 104.6