Company statement of financial position

AS AT 31 MAY 2011

	Note	2011 R’000	2010 R’000
ASSETS
Non-current assets	3	3 050 150	3 292 224
Property, plant and equipment	4	36 254	28 447
Intangible assets	6.1	618	537
Investment in subsidiaries	6.2	2 985 893	3 260 065
Investment in associate and joint venture		27 385	3 175
Current assets	7	835 855	962 089
Loans receivable	6.1	10 615	6 695
Loans to subsidiaries	8	820 017	949 063
Trade and other receivables		3 412	4 944
Current tax assets	9	—	654
Cash and cash equivalents		1 811	733
Total assets		3 886 005	4 254 313
EQUITY AND LIABILITIES
Capital and reserves		3 817 109	4 185 358
Share capital	10	*	*
Share premium		4 404 737	4 404 737
Treasury shares		(29 682)	(37 491)
		4 375 055	4 367 246
Equity compensation benefit reserve		4 999	2 250
Share-based payment reserve		295	295
Accumulated loss		(563 240)	(184 433)
Non-current liabilities		2 427	1 723
Deferred taxation liability	5	2 427	1 723
Current liabilities		66 469	67 232
Trade and other payables	12	13 448	17 442
Loans from subsidiaries	13	49 226	48 000
Current tax liabilities		3 795	—
Bank overdraft	9	—	1 790
Total equity and liabilities		3 886 005	4 254 313

*Less than R1 000.

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