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Annual financial statements
Statements of financial position
Download pdfAS AT 30 SEPTEMBER 2022
| COMPANY | GROUP | |||||
| 2022 | 2021 | (R’million) | Note Annexures |
2022 | 2021 | |
| ASSETS | ||||||
| Non-current assets | ||||||
| Property, plant and equipment | 12 | 5 695,4 | 5 481,3 | |||
| Goodwill | 13 | 1 179,4 | 1 179,9 | |||
| Intangible assets | 13 | 1 719,8 | 1 728,7 | |||
| 3 497,1 | 2 411,4 | Interest in subsidiary companies | A | |||
| 2 594,7 | 2 944,1 | Amounts owed by subsidiaries | 33 | |||
| 2 561,4 | 2 409,9 | Investments | 2 987,4 | 3 046,8 | ||
| 97,1 | 97,1 | Investments in associated companies | 15 | 2 421,2 | 2 400,7 | |
| 2 222,9 | 2 214,7 | Other investments | 16 | 515,8 | 601,8 | |
| 241,4 | 98,1 | Loans | 17 | 50,4 | 44,3 | |
| Deferred taxation asset | 18 | 34,3 | 33,6 | |||
| 476,3 | 273,9 | Current assets | 12 402,5 | 11 361,6 | ||
| Inventories | 19 | 7 331,0 | 5 904,7 | |||
| 3,1 | 1,0 | Trade and other receivables | 20 | 3 955,6 | 3 295,1 | |
| 85,0 | 51,6 | Amounts owed by subsidiaries | 33 | |||
| 388,2 | 221,3 | Cash and cash equivalents | 1 115,9 | 2 161,8 | ||
| 9 129,5 | 8 039,3 | Total assets | 24 018,8 | 22 831,9 | ||
| EQUITY AND LIABILITIES | ||||||
| 9 002,0 | 7 947,3 | Issued capital and reserves | 15 550,5 | 15 555,0 | ||
| 18,0 | 142,0 | Ordinary share capital and share premium | 21 | 18,0 | 142,0 | |
| 2 939,2 | 2 939,3 | Non-distributable reserves | 3 063,7 | 3 094,4 | ||
| 5 429,4 | 4 256,9 | Accumulated profits | 13 903,5 | 13 812,6 | ||
| Tiger Brands Limited shares held by subsidiary | 22 | (718,0) | (718,0) | |||
| Tiger Brands Limited shares held by empowerment entities | 22 | (1 469,3) | (1 475,5) | |||
| 615,4 | 609,1 | Share-based payment reserve | 28 | 752,6 | 699,5 | |
| Non-controlling interests | 142,3 | 147,4 | ||||
| 9 002,0 | 7 947,3 | Total equity | 15 692,8 | 15 702,4 | ||
| 5,0 | 5,2 | Non-current liabilities | 890,1 | 1 145,9 | ||
| 5,0 | 5,2 | Deferred taxation liability | 18 | 240,7 | 183,1 | |
| Post-retirement medical aid obligations | 30 | 322,9 | 563,8 | |||
| Long-term borrowings | 26 | 326,5 | 399,0 | |||
| 122,5 | 86,8 | Current liabilities | 7 435,9 | 5 983,6 | ||
| 52,6 | 37,9 | Trade and other payables | 24 | 5 677,7 | 5 131,5 | |
| Employee-related accruals | 25 | 464,4 | 527,1 | |||
| Taxation | 126,6 | 156,7 | ||||
| Short-term borrowings | 26 | 1 167,2 | 168,3 | |||
| 69,9 | 48,9 | Amounts owed to subsidiaries | 33 | |||
| 9 129,5 | 8 039,3 | Total equity and liabilities | 24 018,8 | 22 831,9 | ||