as at 30 September 2024
GROUP | COMPANY | |||||
(R'million) | Notes | 2024 | 2023 | 2024 | 2023 | |
---|---|---|---|---|---|---|
ASSETS | ||||||
Non-current assets | ||||||
Property, plant and equipment | 13 | 6 107,8 | 6 101,6 | |||
Goodwill | 14 | 1 643,9 | 1 651,2 | |||
Intangible assets | 14 | 1 376,5 | 1 409,9 | |||
Interest in subsidiary companies | 35 | 3 752,8 | 4 091,3 | |||
Amounts owed by subsidiaries | 34 | 2 911,0 | 2 627,4 | |||
Investments | 3 950,5 | 3 707,8 | 2 598,9 | 1 931,6 | ||
Investments in associated companies | 16 | 3 347,6 | 3 092,0 | 97,1 | 97,1 | |
Other investments | 17 | 544,7 | 561,5 | 2 500,8 | 1 833,5 | |
Loans | 18 | 58,2 | 54,3 | 1,0 | 1,0 | |
Deferred taxation asset | 19 | 36,3 | 44,2 | |||
Current assets | 13 303,0 | 12 921,9 | 222,3 | 360,6 | ||
Inventories | 20 | 7 422,9 | 7 503,6 | |||
Trade and other receivables | 21 | 4 332,9 | 4 642,4 | 17,5 | 6,7 | |
Cash and cash equivalents | 1 547,2 | 775,9 | 204,8 | 353,9 | ||
Assets classified as held for sale | 37 | 40,9 | – | – | – | |
Total assets | 26 458,9 | 25 836,6 | 9 485,0 | 9 010,9 | ||
EQUITY AND LIABILITIES | ||||||
Issued capital and reserves | 17 978,7 | 17 103,7 | 9 421,0 | 8 955,6 | ||
Ordinary share capital and share premium | 22 | 18,0 | 18,0 | 18,0 | 18,0 | |
Non-distributable reserves | 3 161,8 | 2 956,0 | 3,8 | 2 938,2 | ||
Accumulated profits | 16 672,3 | 15 785,5 | 8 975,7 | 5 574,4 | ||
Tiger Brands Limited shares held by subsidiary | 23 | (933,4) | (718,0) | – | – | |
Tiger Brands Limited shares held by empowerment entities | 23 | (1 452,8) | (1 464,1) | – | – | |
Share-based payment reserve | 29 | 512,8 | 526,3 | 423,5 | 425,0 | |
Non-controlling interests | 217,4 | 200,5 | – | – | ||
Total equity | 18 196,1 | 17 304,2 | 9 421,0 | 8 955,6 | ||
Non-current liabilities | 925,2 | 1 771,7 | 5,9 | 5,0 | ||
Deferred taxation liability | 19 | 371,2 | 322,7 | 5,9 | 5,0 | |
Post-retirement medical aid obligations | 31 | 251,0 | 238,0 | – | ||
Long-term borrowings | 27 | 303,0 | 1 211,0 | – | ||
Current liabilities | 7 337,6 | 6 760,7 | 58,1 | 50,3 | ||
Trade and other payables | 25 | 5 867,8 | 5 335,3 | 27,0 | 39,2 | |
Employee-related accruals | 26 | 471,9 | 434,7 | – | ||
Taxation | 58,8 | 107,0 | – | 1,7 | ||
Short-term borrowings | 27 | 939,1 | 883,7 | – | ||
Amounts owed to subsidiaries | 34 | 31,1 | 9,4 | |||
Liabilities directly associated with assets classified as held for sale | 37 | – | – | – | – | |
Total equity and liabilities | 26 458,9 | 25 836,6 | 9 485,0 | 9 010,9 |