 |
 |
| |
|
| |
|
|
|
Group |
|
Company |
|
| |
 |
|
|
2008 |
|
2007 |
|
2008 |
|
2007 |
|
| |
|
Notes |
|
Rm |
|
Rm |
|
Rm |
|
Rm |
|
| ASSETS |
|
|
|
|
|
|
|
|
|
|
|
| NON-CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
| Property, plant and equipment |
|
10 |
|
569,6 |
|
565,7 |
|
215,4 |
|
216,8 |
|
| Intangible assets |
|
11 |
|
21,7 |
|
13,0 |
|
12,2 |
|
9,2 |
|
| Goodwill |
|
12 |
|
415,3 |
|
372,8 |
|
— |
|
— |
|
| Interest in subsidiaries |
|
13 |
|
— |
|
— |
|
2 207,0 |
|
1 480,1 |
|
| Interest in associates |
|
14 |
|
— |
|
400,3 |
|
— |
|
533,5 |
|
| Other investments and loans |
|
15 |
|
865,3 |
|
327,6 |
|
858,6 |
|
85,4 |
|
| RCCF accounts receivable |
|
16 |
|
1 274,8 |
|
— |
|
|
|
|
|
| Deferred taxation assets |
|
17 |
|
32,0 |
|
37,9 |
|
— |
|
— |
|
| |
|
|
|
3 178,7 |
|
1 717,3 |
|
3 293,2 |
|
2 325,0 |
|
| CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
| Derivative assets |
|
32 |
|
30,2 |
|
3,9 |
|
6,0 |
|
— |
|
| Inventory and contracts in progress |
|
18 |
|
979,7 |
|
915,1 |
|
392,0 |
|
395,1 |
|
| RCCF accounts receivable |
|
16 |
|
682,2 |
|
— |
|
|
|
|
|
| Other accounts receivable |
|
16 |
|
1 905,1 |
|
1 712,2 |
|
452,0 |
|
358,6 |
|
| Non-current assets held for sale |
|
19 |
|
23,1 |
|
— |
|
— |
|
— |
|
| Taxation |
|
|
|
— |
|
— |
|
— |
|
14,3 |
|
| Cash and cash equivalents |
|
20 |
|
794,6 |
|
530,6 |
|
124,5 |
|
322,1 |
|
| RCCF bank balances and cash |
|
20 |
|
82,0 |
|
— |
|
|
|
|
|
| |
|
|
|
4 496,9 |
|
3 161,8 |
|
974,5 |
|
1 090,1 |
|
| TOTAL ASSETS |
|
|
|
7 675,6 |
|
4 879,1 |
|
4 267,7 |
|
3 415,1 |
|
| EQUITY AND LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
| CAPITAL AND RESERVES |
|
|
|
|
|
|
|
|
|
|
|
| Share capital and premium |
|
21 |
|
106,9 |
|
90,8 |
|
106,9 |
|
90,8 |
|
| Share-based payment reserves |
|
21 |
|
664,3 |
|
649,9 |
|
633,4 |
|
625,8 |
|
| Treasury shares |
|
21 |
|
(276,1) |
|
(276,1) |
|
|
|
|
|
| Investment fair value reserve |
|
22 |
|
621,1 |
|
— |
|
608,3 |
|
— |
|
| Equity transaction with BEE partner |
|
22 |
|
(35,3) |
|
— |
|
|
|
|
|
| Non-distributable reserves |
|
23 |
|
4,1 |
|
7,3 |
|
0,3 |
|
0,3 |
|
| Retained earnings |
|
|
|
2 590,4 |
|
1 997,1 |
|
2 262,1 |
|
2 057,3 |
|
| Equity attributable to equity holders of
Reunert |
|
|
|
3 675,4 |
|
2 469,0 |
|
3 611,0 |
|
2 774,2 |
|
| Minority interest |
|
|
|
20,7 |
|
14,4 |
|
— |
|
— |
|
| TOTAL EQUITY |
|
|
|
3 696,1 |
|
2 483,4 |
|
3 611,0 |
|
2 774,2 |
|
| NON-CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
| Deferred taxation liabilities |
|
17 |
|
208,2 |
|
115,8 |
|
82,3 |
|
45,2 |
|
| Long-term borrowings |
|
24 |
|
12,8 |
|
278,8 |
|
45,9 |
|
69,3 |
|
| RCCF long-term borrowings |
|
24 |
|
699,9 |
|
— |
|
|
|
|
|
| |
|
|
|
920,9 |
|
394,6 |
|
128,2 |
|
114,5 |
|
| CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
32 |
|
7,0 |
|
9,0 |
|
2,7 |
|
5,8 |
|
| Bank overdrafts and short-term portion of
long-term borrowings |
|
|
|
13,6 |
|
178,2 |
|
1,1 |
|
0,6 |
|
| RCCF short-term borrowings |
|
24 |
|
1 164,4 |
|
— |
|
|
|
|
|
| Provisions |
|
25 |
|
59,8 |
|
59,2 |
|
4,9 |
|
8,7 |
|
| Trade and other payables |
|
|
|
1 729,4 |
|
1 742,6 |
|
483,3 |
|
511,3 |
|
| Taxation |
|
|
|
84,4 |
|
12,1 |
|
36,5 |
|
— |
|
| |
|
|
|
3 058,6 |
|
2 001,1 |
|
528,5 |
|
526,4 |
|
| TOTAL EQUITY AND LIABILITIES |
|
|
|
7 675,6 |
|
4 879,1 |
|
4 267,7 |
|
3 415,1 |
|
|
|
|
