Summary consolidated statement of financial position
Year ended 31 March | ||
2015 | 2014 | |
Rm | Rm | |
ASSETS | ||
Non-current assets | 9 472.9 | 8 895.0 |
Property, plant and equipment | 7 043.3 | 6 783.3 |
Cane roots | 1 776.4 | 1 531.0 |
Intangible assets | 311.9 | 288.0 |
Investment in joint venture | 0.7 | 0.7 |
Investment in associates | 73.5 | 67.6 |
Investments | 74.7 | 22.5 |
Loans | 163.9 | 157.8 |
Deferred taxation asset | 28.5 | 44.1 |
Current assets | 5 353.6 | 4 924.8 |
Inventories | 1 022.6 | 998.9 |
Growing cane | 1 797.2 | 1 662.5 |
Trade and other receivables | 1 660.9 | 1 309.2 |
Factory overhaul costs | 372.0 | 338.6 |
Derivative financial instruments | 24.4 | 18.5 |
Cash and cash equivalents | 476.5 | 597.1 |
Total assets | 14 826.5 | 13 819.8 |
EQUITY AND LIABILITIES | ||
Equity attributable to shareholders of Illovo Sugar Limited | 6 472.4 | 6 340.3 |
Share capital and premium | 1 196.1 | 1 609.9 |
Share-based payment reserve | 7.2 | 13.1 |
Non-distributable reserves | (3.9) | 5.8 |
Distribution reserve | 244.1 | 276.4 |
Retained earnings | 5 028.9 | 4 435.1 |
Non-controlling interest | 1 203.3 | 1 128.3 |
Total equity | 7 675.7 | 7 468.6 |
Non-current liabilities | 3 754.4 | 3 320.8 |
Long-term borrowings | 2 042.9 | 1 824.8 |
Deferred taxation liability | 1 412.6 | 1 189.9 |
Deferred income | 101.8 | 111.7 |
Provisions | 197.1 | 194.4 |
Current liabilities | 3 396.4 | 3 030.4 |
Short-term borrowings | 714.4 | 447.9 |
Trade and other payables | 2 042.5 | 1 933.5 |
Bank overdraft | 450.2 | 410.3 |
Taxation | 64.9 | 126.8 |
Provisions | 43.3 | 50.4 |
Derivative financial instruments | 81.1 | 61.5 |
Total liabilities | 7 150.8 | 6 351.2 |
Total equity and liabilities | 14 826.5 | 13 819.8 |