| |
|
GROUP |
| |
(R’million) |
| 36 |
ASSETS CLASSIFIED AS HELD FOR SALE |
|
|
| |
As detailed in note 35, Deli Foods and VAMP have been treated in accordance with
IFRS 5 Non-Current Assets Held for Sale at 30 September 2021. These transactions
have now been concluded and therefore no assets or liabilities have been recognised
during the current year. 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 agreement. |
|
|
|
|
|
|
| |
Property, plant and equipment |
– |
148,2 |
| |
Investments |
– |
0,9 |
| |
Inventory |
– |
123,8 |
| |
Trade and other receivables |
– |
106,6 |
| |
Deferred tax asset |
– |
33,0 |
| |
Cash and cash equivalents |
– |
6,7 |
| |
|
– |
419,2 |
| |
Liabilities directly associated with the assets classified as held for sale |
|
|
| |
Short-term borrowings |
– |
(16,9) |
| |
Long-term borrowings |
– |
(2,8) |
| |
Trade and other payables |
– |
(276,4) |
| |
Post-retirement medical aid obligation |
– |
(7,8) |
| |
|
– |
(303,9) |
| |
Net carrying value of discontinued operations |
– |
115,3 |
