| |
|
|
GROUP |
|
|
| |
(R’000) |
|
|
2012 |
|
2011 |
|
|
| |
Assets |
|
|
|
|
|
|
|
| |
Non-current assets |
|
|
|
|
|
|
|
| |
Property, plant and equipment |
|
|
884 367 |
|
1 380 226 |
|
|
| |
Investment property |
|
|
9 025 |
|
50 231 |
|
|
| |
Investment in associates |
|
|
33 892 |
|
15 158 |
|
|
| |
Loan to associates |
|
|
8 314 |
|
7 572 |
|
|
| |
Investments in service concessions |
|
|
296 635 |
|
253 100 |
|
|
| |
Investment in property developments |
|
|
8 716 |
|
8 691 |
|
|
| |
Pension fund surplus |
|
|
137 049 |
|
121 339 |
|
|
| |
Deferred taxation |
|
|
55 743 |
|
83 676 |
|
|
| |
Trade and other receivables |
|
|
116 245 |
|
– |
|
|
| |
Total non-current assets |
|
|
1 549 986 |
|
1 919 993 |
|
|
| |
Current assets |
|
|
|
|
|
|
|
| |
Inventories |
|
|
288 181 |
|
247 178 |
|
|
| |
Contracts in progress |
|
|
541 869 |
|
506 474 |
|
|
| |
Derivative financial instruments |
|
|
– |
|
22 403 |
|
|
| |
Trade and other receivables |
|
|
2 667 980 |
|
2 786 918 |
|
|
| |
Cash and cash equivalents |
|
|
2 268 226 |
|
2 234 779 |
|
|
| |
Total current assets |
|
|
5 766 256 |
|
5 797 752 |
|
|
| |
Non-current assets classified as held for sale (refer page 70) |
|
|
272 928 |
|
53 233 |
|
|
| |
Total assets |
|
|
7 589 170 |
|
7 770 978 |
|
|
| |
Equity and liabilities |
|
|
|
|
|
|
|
| |
Equity attributable to equity holders of the parent |
|
|
|
|
|
|
|
| |
Stated capital |
|
|
1 219 119 |
|
1 307 971 |
|
|
| |
Retained earnings |
|
|
709 979 |
|
1 028 932 |
|
|
| |
Other components of equity |
|
|
(120 362) |
|
(188 773) |
|
|
| |
|
|
|
1 808 736 |
|
2 148 130 |
|
|
| |
Non-controlling interest |
|
|
67 968 |
|
117 565 |
|
|
| |
Total equity |
|
|
1 876 704 |
|
2 265 695 |
|
|
| |
Non-current liabilities |
|
|
|
|
|
|
|
| |
Interest-bearing borrowings (refer page 78) |
|
|
613 464 |
|
232 203 |
|
|
| |
Provision for employment obligations |
|
|
33 935 |
|
26 756 |
|
|
| |
Provision for environmental rehabilitation |
|
|
4 000 |
|
14 743 |
|
|
| |
Deferred taxation |
|
|
15 921 |
|
45 827 |
|
|
| |
Trade and other payables |
|
|
59 270 |
|
– |
|
|
| |
Total non-current liabilities |
|
|
726 590 |
|
319 529 |
|
|
| |
Current liabilities |
|
|
|
|
|
|
|
| |
Excess billings over work done |
|
|
828 113 |
|
492 103 |
|
|
| |
Trade and other payables |
|
|
3 778 412 |
|
3 813 995 |
|
|
| |
Derivative financial instruments |
|
|
854 |
|
– |
|
|
| |
Contract related provisions |
|
|
59 294 |
|
80 430 |
|
|
| |
Current taxation payable |
|
|
38 956 |
|
71 838 |
|
|
| |
Current portion of non-current interest-bearing borrowings |
|
|
63 240 |
|
677 532 |
|
|
| |
Short term borrowings |
|
|
38 646 |
|
49 856 |
|
|
| |
Total current liabilities |
|
|
4 807 515 |
|
5 185 754 |
|
|
| |
Liabilities associated with non-current assets classified as held for sale (refer page 70) |
|
|
178 361 |
|
– |
|
|
| |
Total liabilities |
|
|
5 712 466 |
|
5 505 283 |
|
|
| |
Total equity and liabilities |
|
|
7 589 170 |
|
7 770 978 |
|
|
| |
|
|
|
|
|
|
|
|
