statement of financial position
| Note | As at 1 March 2015 Rm |
As at 2 March 2014 Rm |
|
ASSETS |
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| Non-current assets | |||
| Property, plant and equipment | 4 187.0 | 4 039.3 | |
| Intangible assets | 1 010.2 | 987.6 | |
| Operating lease assets | 149.8 | 132.8 | |
| Investment in associate | 180.2 | 165.9 | |
| Participation in export partnerships | 23.4 | 25.1 | |
| Loans | 100.6 | 92.0 | |
| Retirement scheme assets | 70.1 | 85.1 | |
| Deferred tax assets | 198.8 | 212.1 | |
| 5 920.1 | 5 739.9 | ||
| Current assets | |||
| Inventory | 4 654.5 | 3 979.8 | |
| Trade and other receivables | 2 956.7 | 2 841.1 | |
| Cash and cash equivalents | 1 173.8 | 1 540.3 | |
| Derivative financial instruments | 1.4 | 3.5 | |
| 8 786.4 | 8 364.7 | ||
| Total assets | 14 706.5 | 14 104.6 | |
EQUITY AND LIABILITIES |
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| Equity | |||
| Share capital | 4 | 6.0 | 6.0 |
| Treasury shares | (169.1) | (145.7) | |
| Retained earnings | 3 311.4 | 2 849.1 | |
| Foreign currency translation reserve | (18.2) | (6.8) | |
| Total equity | 3 130.1 | 2 702.6 | |
| Non-current liabilities | |||
| Borrowings | 492.8 | 747.1 | |
| Operating lease liabilities | 1 138.5 | 1 042.7 | |
| 1 631.3 | 1 789.8 | ||
| Current liabilities | |||
| Trade and other payables | 9 025.8 | 8 085.1 | |
| Bank overdraft and overnight borrowings | 500.0 | 670.0 | |
| Borrowings | 291.5 | 737.8 | |
| Current tax liabilities | 126.8 | 111.2 | |
| Provisions | 1.0 | 8.1 | |
| 9 945.1 | 9 612.2 | ||
| Total equity and liabilities | 14 706.5 | 14 104.6 | |
| Number of shares in issue – thousands | 4 | 487 322.3 | 480 397.3 |
| Weighted average number of shares in issue – thousands | 478 309.0 | 478 386.8 | |
| Diluted weighted average number of shares in issue – thousands | 485 245.3 | 485 577.4 | |
| Net asset value – cents per share (property value based on directors’ valuation) | 746.6 | 645.6 |