|
| REVIEWED |
AUDITED |
| R MILLION | 2004 | 2003 |
| Assets | | |
| Non-current assets | | |
| Property, plant and equipment | 5 596,1 | 4 759,8 |
| Investment properties | - | 29,3 |
| Intangible assets and goodwill | 30,4 | 43,1 |
| Investment in associates | 0,3 | 64,8 |
| Other investments | 38,4 | 36,3 |
| Long-term loans | 8,3 | 27,7 |
| Net investment in direct finance leases | 19,0 | 34,9 |
| Long-term receivables | 1 341,3 | 1 446,6 |
| Deferred taxation | 257,1 | 188,8 |
 |
| 7 290,9 | 6 631,3 |
| Current assets (Note 7) | 934,0 | 849,7 |
|
| Total assets | 8 224,9 | 7 481,0 |
|
| Equity and liabilities | | |
| Capital and reserves | | |
| Share capital and premium | 170,8 | 168,7 |
| Reserves | 1 310,5 | 1 337,5 |
|
| Shareholders' equity | 1 481,3 | 1 506,2 |
| Minority interest | 553,2 | 522,1 |
|
| Total shareholders' funds | 2 034,5 | 2 028,3 |
| Convertible debentures | 260,5 | 260,5 |
| Other non-current liabilities | | |
| Interest-bearing borrowings | 3 947,5 | 3 548,8 |
| Amounts attributable to third parties in respect of long-term receivables | 458,6 | 380,0 |
| Derivative instruments | 25,4 | 87,0 |
| Deferred taxation | 295,1 | 276,8 |
|
| 7 021,6 | 6 581,4 |
| Current liabilities (Note 8) | 1 203,3 | 899,6 |
|
| Total equity and liabilities | 8 224,9 | 7 481,0 |
|
| | | |
| Capital expenditure incurred during the year | 2 206,5 | 831,7 |
| Capital expenditure committed and authorised, but not yet incurred | 126,4 | 152,4 |
| Market value of listed investments | 6,1 | 10,2 |
| Directors' valuation of unlisted investments | 32,4 | 26,1 |
| Ratio to aggregate of total shareholders' funds and convertible debentures: | | |
|
Total liabilities excluding convertible debentures (%) | 258,4 | 226,9 |
|
Interest-bearing debt excluding convertible debentures (%) | 187,1 | 173,9 |
|
|
