FINANCIAL PERFORMANCE

Group statement of financial position As at 31 May 2020

Notes    31 May 
2020 
R'000 
  31 May 
2019*
R'000 
 
ASSETS 
Non-current assets  2 357 620    3 477 070   
Property, plant and equipment  4.3    198 688    237 657   
Right-of-use assets  3.8    87 852    —   
Intangible assets  4.2    533 853    1 083 328   
Goodwill  4.1    681 243    1 234 995   
Investments in and loans to associates and joint ventures  2.1    197 455    218 842   
Loans receivable  3.5.1    36 516    41 760   
Advances to customers  3.5.3    449 825    584 440   
Financial assets at fair value through profit or loss  3.7    104 829    —   
Deferred taxation assets  7.2    67 359    76 048   
Current assets  7 996 086    8 604 302   
Loans to associate  2.1    9 488    —   
Inventories  4.4    576 950    1 514 649   
Loans receivable  3.5.1    35 604    105 766   
Trade and other receivables  3.5.2    3 929 743    4 257 266   
Advances to customers  3.5.3    1 232 250    1 032 657   
Financial assets at fair value through profit or loss  3.7    144 709    289 742   
Current tax assets  52 425    18 626   
Cash and cash equivalents  3.5.4    2 014 917    1 385 596   
Total assets  10 353 706    12 081 372   
EQUITY AND LIABILITIES 
Capital and reserves  2 485 117    2 491 562   
Issued share capital and premium  7 573 586    7 599 016   
Other reserves  6.2    (2 689 960)   (2 824 740)  
Retained earnings  (2 442 993)   (2 405 031)  
Total ordinary shareholders' equity  2 440 633    2 369 245   
Non-controlling interest  44 484    122 317   
Non-current liabilities  208 689    1 951 920   
Deferred taxation liabilities  7.2    124 990    236 400   
Non-current lease liability  3.8    80 921    —   
Borrowings  3.6.2    2 778    1 715 520   
Current liabilities  7 659 900    7 637 890   
Trade and other payables  3.6.1    4 611 643    5 371 386   
Lease liability  3.8    60 202    —   
Financial guarantee contracts  3.6.3    201 474    243 492   
Provisions  4.5    29 534    24 947   
Financial liabilities at fair value through profit or loss  3.7    435 086    460 354   
Current tax liabilities  5 386    9 104   
Borrowings  3.6.2    2 316 383    1 520 764   
Bank overdraft  3.5.4    192    7 843   
Total equity and liabilities  10 353 706    12 081 372   

* Surety loans receivable have been reclassified to better align the presentation with the nature of the instrument. Refer to note 3.7.