FINANCIALS
ADDITIONAL INFORMATION US$
TRENCOR LIMITED AND SUBSIDIARIES
UNAUDITED BALANCE SHEET AT 31 DECEMBER 2006
| In order to supplement the information provided
in the annual financial statements, Trencor's balance sheet and income statement (unaudited)
in respect of the year ended 31 December 2006 are also presented in US
dollars, as virtually all the group's revenue and assets and much of its
expenditure are denominated in currencies other than SA rand (principally US
dollars and UK pounds) |
|
| |
2006 |
2005 |
|
| |
|
RESTATED |
|
| |
US$M |
US$M |
|
| ASSETS |
|
|
|
| PROPERTY, PLANT AND EQUIPMENT |
1 144,2 |
1 000,8 |
|
| INTANGIBLE ASSETS |
19,5 |
2,6 |
|
| GOODWILL |
– |
4,4 |
|
| OTHER INVESTMENTS |
17,6 |
8,8 |
|
| LONG-TERM RECEIVABLES |
181,6 |
196,6 |
|
| NET INVESTMENT IN FINANCE LEASES |
36,0 |
28,6 |
|
| DERIVATIVE FINANCIAL INSTRUMENTS |
4,2 |
4,6 |
|
| DEFERRED TAX ASSETS |
15,0 |
24,0 |
|
| RESTRICTED BANK BALANCES |
58,7 |
34,0 |
|
| TOTAL NON-CURRENT ASSETS |
1 476,8 |
1 304,4 |
|
| INVENTORIES |
4,5 |
4,7 |
|
| TRADE AND OTHER RECEIVABLES |
90,6 |
99,3 |
|
| CASH AND CASH EQUIVALENTS |
88,3 |
78,6 |
|
| TOTAL CURRENT ASSETS |
183,4 |
182,6 |
|
| TOTAL ASSETS |
1 660,2 |
1 487,0 |
|
| EQUITY |
|
|
|
| ISSUED CAPITAL AND PREMIUM |
28,5 |
26,4 |
|
| RESERVES |
309,2 |
285,6 |
|
| TOTAL EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY |
337,7 |
312,0 |
|
| MINORITY INTEREST |
154,6 |
132,0 |
|
| TOTAL EQUITY |
492,3 |
444,0 |
|
| LIABILITIES |
|
|
|
| CONVERTIBLE DEBENTURES |
37,3 |
41,3 |
|
| INTEREST-BEARING BORROWINGS |
831,8 |
738,7 |
|
AMOUNTS ATTRIBUTABLE TO THIRD PARTIES IN
RESPECT OF LONG-TERM RECEIVABLES |
37,7 |
41,0 |
|
| SHARE-BASED PAYMENTS |
12,6 |
10,3 |
|
| DERIVATIVE FINANCIAL INSTRUMENTS |
0,6 |
0,4 |
|
| DEFERRED INCOME |
7,6 |
4,0 |
|
| DEFERRED TAX LIABILITIES |
44,2 |
47,0 |
|
| TOTAL NON-CURRENT LIABILITIES |
971,8 |
882,7 |
|
| TRADE AND OTHER PAYABLES |
106,2 |
77,0 |
|
| PROVISIONS |
1,0 |
1,0 |
|
| CURRENT PORTION OF INTEREST-BEARING BORROWINGS |
88,9 |
80,2 |
|
| SHORT-TERM BORROWINGS |
– |
2,1 |
|
| CURRENT LIABILITIES |
196,1 |
160,3 |
|
| TOTAL LIABILITIES |
1 167,9 |
1 043,0 |
|
| TOTAL EQUITY AND LIABILITIES |
1 660,2 |
1 487,0 |
|
| LIQUIDITY |
|
|
|
RATIO TO AGGREGATE OF TOTAL
EQUITY AND CONVERTIBLE DEBENTURES |
|
|
|
| TOTAL LIABILITIES EXCLUDING CONVERTIBLE DEBENTURES |
213,5% |
206,4% |
|
INTEREST-BEARING LIABILITIES
EXCLUDING CONVERTIBLE DEBENTURES |
173,8% |
168,7% |
|
|
|
