Consolidated statement of financial position
for the year ended 30 September 2019
| Notes | 2019 R’m |
2018 R’m |
|||
| ASSETS | |||||
| Non-current assets | 31 588 | 30 558 | |||
| Property, plant and equipment | 10 | 12 929 | 12 243 | ||
| Intangible assets | 11 | 16 969 | 17 084 | ||
| Investment in associates and joint ventures | 12 | 53 | 35 | ||
| Employee benefit assets | 13 | 448 | 401 | ||
| Deferred tax assets | 14 | 1 102 | 700 | ||
| Other assets | 87 | 95 | |||
| Current assets | 5 978 | 8 584 | |||
| Cash and cash equivalents | 15 | 1 544 | 1 494 | ||
| Trade and other receivables | 16 | 3 923 | 3 761 | ||
| Inventories | 17 | 379 | 360 | ||
| Income tax receivable | 124 | 24 | |||
| Other assets | 8 | 104 | |||
| 5 978 | 5 743 | ||||
| Asset classified as held for sale | 18 | – | 2 841 | ||
| Total assets | 37 566 | 39 142 | |||
| EQUITY AND LIABILITIES | |||||
| Capital and reserves | |||||
| Stated capital | 19 | 13 515 | 13 510 | ||
| Reserves | 2 673 | 1 406 | |||
| Non-controlling interest | 1 303 | 1 286 | |||
| Total equity | 17 491 | 16 202 | |||
| Liabilities | |||||
| Non-current liabilities | 11 632 | 14 764 | |||
| Interest-bearing borrowings | 21 | 9 399 | 12 870 | ||
| Employee benefit liabilities | 13 | 130 | – | ||
| Deferred tax liabilities | 14 | 1 371 | 1 226 | ||
| Trade and other payables | 22 | 120 | 127 | ||
| Contingent consideration liabilities | 26 | 506 | 463 | ||
| Other liabilities | 106 | 78 | |||
| Current liabilities | 8 443 | 8 176 | |||
| Bank overdrafts | 15 | 867 | 488 | ||
| Trade and other payables | 22 | 4 799 | 4 409 | ||
| Contingent consideration liabilities | 26 | 37 | 71 | ||
| Interest-bearing borrowings | 21 | 2 596 | 3 086 | ||
| Income tax payable | 129 | 110 | |||
| Other liabilities | 15 | 12 | |||
| Total liabilities | 20 075 | 22 940 | |||
| Total equity and liabilities | 37 566 | 39 142 | |||
The accompanying notes are an integral part of these consolidated financial statements.
