Financial results

Interim Results
For the six months ended 31 December 2010

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Commentary | Turnover analysis | Income statements | Segmental reporting | Balance Sheets
Statement of changes in equity | Cash flow statement | Notes | Store network  

Abridged Group statements of financial position

As at 31 December 2010     (Rand million unless otherwise stated)

      Reviewed  
six months to  
31 December   2010  
Reviewed
six months to
31 December 2009
Reviewed  
year to  
30 June 2010  

ASSETS          
Non-current assets     1 026   964 991  
Property, plant and equipment     984   937 952  
Investments Note 3     12   8 9  
Long-term assets     18   11 18  
Goodwill     6   6 6  
Deferred taxation     6   2 6  
Current assets     1 180   1 102 1 072  
Inventories     228   173 232  
Trade and other receivables     128   121 110  
Cash and cash equivalents     820   808 711  
Taxation receivable     4   19  
Total assets     2 206   2 066 2 063  

EQUITY AND LIABILITIES
Share capital and reserves     1 603   1 455 1 483  
Stated capital     818   417 818  
Non-distributable reserves     50   48 50  
Treasury shares     (478)  (470) (470) 
Share option reserve     5   30 3  
Retained earnings     1 140   1 384 1 021  
Non-controlling interests     68   46 61  
Non-current liabilities     46   343 344  
Interest bearing loans     43   341 342  
Deferred taxation     3   2 2  
Current liabilities     557   268 236 
Trade and other payables     218   221 202  
Provisions     39   30 34  
Interest bearing loans     300   —  
Taxation     —   17 —  

TOTAL EQUITY AND LIABILITIES     2 206   2 066 2 063  

Net asset value per share (cents)     174   182 161  
Adjusted net asset value per share (cents) Note 2     174   158 161