Senwes Integrated Reports Senwes 2018/2019 Integrated Report (b) | Page 66

THE PERFORMANCE
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
as at 30 April 2019
GROUP
ASSETS

Non-current assets
Property, plant and equipment
2019
R’m
for the year ended 30 April 2019
COMPANY
2018
R’m

2019
R’m

GROUP
2018
R’m

567 608 481
Goodwill 9 - - -
Investment in subsidiaries - - 110 100
227 265 222 260
28 27 25 25
Other financial assets 5 4 3 4
Long-term portion of other loans receivable 6 3 48 29
1 204 1 079 1 204 1 079
24 31 12 13
2 218 1 976 2 232 1 991
609 995 364 709
2 881 2 828 2 787 2 701
28 134 143 321
234 144 218 161
52 53 20 37
31 - 1 -
Investment in joint ventures
Investment in associate
Loans and other receivables
Deferred tax asset
Total non-current assets
Current assets
Inventory
Trade and other receivables
Other loans receivable
Inventory held to satisfy firm sales
Derivative financial instruments
-
7
Tax receivable
Cash and short-term deposits
Total current assets
4 154
3 842
TOTAL ASSETS
EQUITY AND LIABILITIES

Equity

3 929
3 541
6 130
6 060
-
8
5 920
5 773

1 1 1 1
67 67 67 67
Treasury shares (160) (168) - -
31 44 57 56
Retained earnings 2 397 2 215 2 227 2 102
Own equity 2 336 2 159 2 352 2 226
27 20 - -
Total equity 2 363 2 179 2 352 2 226
Reserves
Non-controlling interest
Non-current liabilities
Interest-bearing loans
Other financial liabilities
Deferred tax liability
Total non-current liabilities
Current liabilities
Trade and other payables
Contract liabilities
Other loans payable
1 000 1 000
59 37 59 37
107 49 112 54
1 168 1 088 1 171 1 091
536 598 236 375
46
Derivative financial instruments
30
Tax payable
-
Incentive bonuses: Short-term portion
Other financial liabilities
Provisions

SENWES INTEGRATED REPORT 2019
43
66
8
- 28
2 529 3 697
6 060
TOTAL EQUITY AND LIABILITIES
1 985
47
15
Total current liabilities
79
26
-
Bank overdraft
64
1 002
1 837
Interest-bearing loans
Total liabilities
1 002
39
3
39
1 837
71
29
-
23
-
79
1 985
43
13
2 250 2 603
3 951 3 421 3 694
5 773
813 793 818 797
Income from sale of goods 1 500 1 659 1 259 1 292
Revenue from contracts with customers 2 313 2 452 2 077 2 089
374 340 379 370
2 687 2 792 2 456 2 459
Cost of sales (1 224) (1 358) (1 075) (1 095)
Gross profit 1 463 1 434 1 381 1 364
- - 2 4
(843) (777) (826) (788)
3 (15)
Finance income
Revenue
Dividend income
Distribution, sales and administrative expenses
Credit loss expense on financial assets (15) Operating profit 605 660
(213) (223)
Finance costs
Share of profit/(loss) from joint ventures and associate
Profit before tax from continuing operations
Taxation
Profit after tax
Other comprehensive income to be reclassified to profit or loss in
subsequent periods, net of tax
Total comprehensive income for the year, net of tax
583
(214) (224)
6 (5) - -
398 432 328 359
(115) (121) (100) (111)
283 311 228 248
(1)
-
Share of other comprehensive income of joint venture
3
542
-
-
- (1) - -
283 310 228 248
281 310 228 248
2 1 - -
Profit attributable to:
Equity holders of the parent

Total comprehensive income attributable to:

Equity holders of the parent
Non-controlling interest

EARNINGS PER SHARE

281 309 228 248
2 1 - -
2019
cents/
share

2018
cents/
share
Earnings per share 169,1 185,3
Normalised headline earnings per share 177,5 195,5
Diluted earnings per share 161,1 171,5
Diluted normalised headline earnings per share 169,1 180,9

DIVIDENDS FOR THE YEAR
2019
cents/
share

2018
cents/
share
Dividend per share paid during the year 57 52
Final dividend previous year 27 25
Interim dividend 30 27
Final dividend per share proposed 30 27

19
2 863
6 130
2018
R’m
8
28
15
2019
R’m
47
-
6
2018
R’m
Non-controlling interest
Share premium
Issued capital
2019
R’m
Services rendered
715
COMPANY
6
5 920
SENWES INTEGRATED REPORT 2019
65