AGRIBEL HOLDINGS LTD FINANCIAL REVIEW 2021
AS AT 30 APRIL 2021
|
GROUP |
|
COMPANY |
|
|
2021 |
2020 |
2021 |
2020 |
Notes |
R ' m |
R ' m |
R ' m |
R ' m |
ASSETS Non-current assets Property , plant and equipment 2 2 997 2 013 - - Investment properties 3 13 1 - - Right-of-use assets 4 51 37 - - Goodwill and intangible assets 5 133 41 - - Investment in subsidiaries 6.1 - - 1 546 1 057 Investment in joint ventures and associates 8 169 216 - - Other financial assets 7.1.1 3 2 - - Long-term portion of other loans receivable 7.1.2 - 510 - - Loans and other receivables 9 1 376 1 226 - - Deferred tax asset 18.2 141 30 - 2 Total non-current assets 4 883 4 076 1 546 1 059 Current assets Inventory 10 1 846 882 - - Trade and other receivables 11 4 204 3 735 - - Other financial assets 7.1.1 1 - - - Other loans receivable 7.1.2 21 7 27 - Inventory held to satisfy firm sales 12 10 105 - - Derivative financial instruments 20.1 204 86 - - Tax receivable 29 3 - 3 -
Cash and short-term deposits |
7.1.4 |
18 |
174 |
- |
- |
Total current assets |
|
6 307 |
4 989 |
30 |
- |
TOTAL ASSETS 11 190 9 065 1 576 1 059
EQUITY AND LIABILITIES Equity Issued capital 14 54 13 54 13 Share premium 15.1 498 498 498 498 Non-distributable reserve 78 78 78 78 Reserves 15.2 655 40 467 384 Retained earnings 1 278 1 070 ( 31 ) ( 45 ) Own equity 2 563 1 699 1 066 928 Non-controlling interest 6.2 ; 6.3 935 1 702 - - Total equity 3 498 3 401 1 066 928 Non-current liabilities Interest-bearing loans 7.2.3 415 670 325 - Other financial liabilities 7.2.5 66 35 - - Lease liabilities 4 39 29 - - Deferred government grants 7.4 12 10 - - Deferred tax liability 18.2 466 319 134 111 Total non-current liabilities 998 1 063 459 111 Current liabilities Trade and other payables 17 1 856 793 1 - Contract liabilities 7.3 30 9 - - Interest-bearing loans 7.2.2 3 911 3 467 - - Other loans payable 7.2.1 83 64 - - Derivative financial instruments 20.2 58 72 - - Tax payable 29 6 15 - - Short-term portion of incentive bonuses 16.1 126 24 - - Bank overdraft 7.2.4 523 129 50 20 Short-term portion of lease liabilities 4 18 10 - - Short-term portion of deferred government grants 7.4 3 1 - - Provisions 19 80 17 - - Total current liabilities 6 694 4 601 51 20 Total liabilities 7 692 5 664 510 131 TOTAL EQUITY AND LIABILITIES 11 190 9 065 1 576 1 059
Agribel Holdings Limited Reg nr : 1996 / 017629 / 06 AGRIBEL ANNUAL FINANCIAL REVIEW 2021
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