Consolidated statement of financial position
| As at 2 March 2014 Rm |
As at 3 March 2013 Rm |
|
ASSETS |
||
| Non-current assets | ||
| Property, plant and equipment | 4 039.3 | 3 917.7 |
| Intangible assets | 987.6 | 947.9 |
| Operating lease assets | 132.8 | 105.5 |
| Investment in associate | 165.9 | 133.9 |
| Participation in export partnerships | 25.1 | 28.1 |
| Loans | 92.0 | 98.5 |
| Retirement scheme assets | 85.1 | 1.8 |
| Deferred tax assets | 212.1 | 174.4 |
| 5 739.9 | 5 407.8 | |
| Current assets | ||
| Inventory | 3 979.8 | 3 996.5 |
| Trade and other receivables | 2 841.1 | 2 361.1 |
| Cash and cash equivalents | 1 540.3 | 1 255.7 |
| Derivative financial instruments | 3.5 | — |
| 8 364.7 | 7 613.3 | |
| Total assets | 14 104.6 | 13 021.1 |
EQUITY AND LIABILITIES |
||
| Capital and reserves | ||
| Share capital | 6.0 | 6.0 |
| Treasury shares | (145.7) | (139.4) |
| Retained earnings | 2 849.1 | 2 562.6 |
| Foreign currency translation deficit | (6.8) | (13.2) |
| Total shareholders’ interest | 2 702.6 | 2 416.0 |
| Non-current liabilities | ||
| Borrowings | 747.1 | 772.5 |
| Operating lease liabilities | 1 042.7 | 924.6 |
| 1 789.8 | 1 697.1 | |
| Current liabilities | ||
| Trade and other payables | 8 085.1 | 6 856.0 |
| Bank overdraft and overnight borrowings | 670.0 | 1 525.6 |
| Borrowings | 737.8 | 431.5 |
| Tax | 111.2 | 82.8 |
| Provisions | 8.1 | 9.0 |
| Derivative financial instruments | — | 3.1 |
| 9 612.2 | 8 908.0 | |
| Total equity and liabilities | 14 104.6 | 13 021.1 |
| Number of shares in issue – thousands | 480 397.3 | 480 397.3 |
| Weighted average number of shares in issue – thousands | 478 386.8 | 478 132.9 |
| Diluted weighted average number of shares in issue – thousands | 485 577.4 | 485 518.8 |
| Net asset value – cents per share (property value based on directors’ valuation) | 645.6 | 586.0 |