The following is the summarised financial information : | |
2021
| |
R ' m
| |
Financial position | |
Non-current assets |
262 |
Current assets , excluding bank and cash |
1 003 |
Cash and cash equivalents |
57 |
Trade payables |
( 164 ) |
Current financial liabilities , excluding trade payables |
( 673 ) |
Non-current liabilities |
( 89 ) |
Equity attributable to subsidiary |
396 |
Attributable to : | |
Equity holders of the parent |
352 |
Non-controlling interest |
44 |
Non-controlling interest relating to group equity adjustments |
5 |
Financial results | |
Revenue |
761 |
Cost of sales |
( 512 ) |
Other income |
6 |
Depreciation |
( 13 ) |
Expenses |
( 219 ) |
Finance costs |
( 9 ) |
Profit before tax |
14 |
Tax |
( 30 ) |
Loss after tax |
( 16 ) |
Non-controlling interest share in profit or loss |
3 |
Dividends paid to non-controlling shareholders |
6 |
Change in ownership |
8 |
Summarised cash flows are as follows : | |
Generated from operating activities |
39 |
Used in investing activities |
( 52 ) |
Used in financing activities |
( 3 ) |
Net decrease in cash flows |
( 16 ) |
GROUP | ||
2021 R ' m |
2020 R ' m |
|
Financial assets at fair value through other comprehensive income |
4 |
2 |
The investment includes a 10,7 % investment held in Oos-Transvaal Kalkverskaffers ( Pty ) Ltd . Prior year figures also include a 5 % investment held by | ||
Thobo Trust in Hinterland Fuels ( Pty ) Ltd . This investment is eliminated at group level in the current year as Hinterland is now a fully owned | ||
subsidiary of Senwes Ltd , refer to note 6.2 . | ||