| Group | |||
| (R’million) | 2020 | 2019 | |
| 34. | Assets classified as held for sale | ||
| As detailed in note 33, Deli Foods and VAMP have been treated in accordance with IFRS 5 Non-current Assets Held for Sale at 30 September 2020. Further, included in the assets held for sale is the remaining investment in Oceana which is in the process of being sold. The assets carried at fair value are categorised in level 2 of the fair value hierarchy and the fair value was determined by reference to the sale of business agreements. | |||
| Property, plant and equipment | 148,2 | 8,7 | |
| Investments | 0,9 | 10,4 | |
| Inventory | 123,8 | 3,2 | |
| Trade and other receivables | 106,6 | – | |
| Deferred tax asset | 33,0 | – | |
| Cash and cash equivalents | 6,7 | 1,2 | |
| 419,2 | 23,5 | ||
| Liabilities directly associated with the assets classified as held for sale | |||
| Short-term borrowings | (16,9) | (130,3) | |
| Long-term borrowings | (2,8) | – | |
| Provision for post-retirement medical aid | (7,8) | – | |
| Trade and other payables | (276,4) | (18,9) | |
| (303,9) | (149,2) | ||
| Net carrying value of VAMP, Deli and Oceana | 115,3 | (125,7) | |
Annual financial
statements 2020
for the year ended 30 September 2020