Statements of financial position
as at 30 September 2021

COMPANY         GROUP
2021 2020   (R’million) Note
Annexures
  2021 Restated#
2020  
Restated#
2019  
      ASSETS          
      Non-current assets          
      Property, plant and equipment 12   5 481,3 5 059,4 4 976,4
      Goodwill 13   1 179,9 1 198,0 1 477,4
      Intangible assets 13   1 728,7 1 745,5 1 744,4
2 411,4 2 411,4   Interest in subsidiary companies A        
2 944,1 2 924,9   Amounts owed by subsidiaries 34        
2 409,9 2 404,7   Investments     3 046,8 2 854,8 2 731,7
97,1 193,5   Investments in associated companies 15   2 400,7 2 440,8 2 274,1
2 214,7 2 208,7   Other investments 16   601,8 383,7 429,0
98,1 2,5   Loans 17   44,3 30,3 28,6
      Deferred taxation asset 18   33,6 22,4 13,7
273,9 310,0   Current assets     11 361,6 10 617,9 10 814,9
      Inventories 19   5 904,7 5 324,9 5 501,7
1,0 3,7   Trade and other receivables 20   3 295,1 3 503,0 3 589,3
51,6 130,7   Amounts owed by subsidiaries 34        
221,3 175,6   Cash and cash equivalents     2 161,8 1 790,0 1 723,9
      Assets classified as held for sale 36   419,2 23,5
8 039,3 8 051,0   Total assets     22 831,9 21 917,2 21 782,0
      EQUITY AND LIABILITIES          
7 947,3 7 986,7   Issued capital and reserves     15 555,0 15 628,1 15 244,4
142,0 142,0   Ordinary share capital and share premium 22   142,0 142,0 142,0
2 939,3 2 940,1   Non-distributable reserves     3 094,4 3 173,4 2 886,9
4 256,9 4 301,8   Accumulated profits     13 812,6 13 825,1 13 784,9
      Tiger Brands Limited shares held by subsidiary 23   (718,0) (718,0) (718,0)
      Tiger Brands Limited shares held by empowerment entities 23   (1 475,5) (1 481,8) (1 483,6)
609,1 602,8   Share-based payment reserve 29   699,5 687,4 632,2
      Non-controlling interests     147,4 159,3 163,1
7 947,3 7 986,7   Total equity     15 702,4 15 787,4 15 407,5
5,2 5,2   Non-current liabilities     1 145,9 1 074,6 998,6
5,2 5,2   Deferred taxation liability 18   183,1 359,5 415,8
      Post-retirement medical aid obligations 31   563,8 517,9 582,8
      Long-term borrowings 27   399,0 197,2
86,8 59,1   Current liabilities     5 983,6 4 751,3 5 226,7
37,9 27,0   Trade and other payables 25   5 131,5 4 092,8 4 106,1
      Employee-related accruals 26   527,1 453,9 548,2
      Taxation     156,7 63,6 53,4
      Short-term borrowings 27   168,3 141,0 519,0
48,9 32,1   Amounts owed to subsidiaries 34        
      Liabilities directly associated with assets classified as held for sale 36   303,9 149,2
8 039,3 8 051,0   Total equity and liabilities     22 831,9 21 917,2 21 782,0

# Restated as the group reclassified customer rebates as part of continuous improvements in terms of IFRS 15. (Refer note 21.1).