The following summarised financial statements were not audited, however, the information has been extracted from the audited consolidated annual financial statements.

Summarised consolidated statement of financial position

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   As at 
   31 December
2019
Audited
R’000 		   31 December 
2018 
Audited 
R’000 
(Restated)		 31 December   
2017^ 
Audited   
R’000   
(Restated)  		   
Assets                
Property, plant and equipment  1 435 080     3 226 212  3 215 223      
Intangible assets*  49 268     51 376  55 932      
Investments in subsidiaries**  –     –  –      
Long-term receivable  16 612     12 995  13 864      
Deferred tax asset  1 374     17 945  17 726      
Total non-current assets  1 502 334     3 308 528  3 302 745      
Inventories****  2 008 799     2 042 621  1 497 798      
Current tax assets  18 635     26 368  –      
Trade and other receivables***  675 344     968 998  883 249      
Cash and cash equivalents  354 181     282 037  671 655      
Total current assets  3 056 959     3 320 024  3 052 702      
Total assets  4 559 293     6 628 552  6 355 447      
Equity                
Share capital  25 107     25 107  25 107      
Share premium  1 269 575     1 269 575  1 269 575      
Retained earnings  2 085 835     3 598 296  3 340 843      
Total equity attributable to owners of the Company  3 380 517     4 892 978  4 635 525      
Liabilities                
Lease obligation and borrowings non-current  19 972     9 879  11 094      
Share-based payment liability non-current  1 004     3 518  5 379      
Provisions  337 716     371 904  287 518      
Deferred tax liability  226 065     751 103  780 485      
Total non-current liabilities  584 757     1 136 404  1 084 476      
Lease obligation and borrowings current  4 460     1 233  1 044      
Trade and other payables  579 131     544 731  550 556      
Derivative***  8 090     48 767  72 272      
Share-based payment liability current  2 338     3 257  3 376      
Bank overdraft  –     1 182  –      
Current tax liability  –     –  8 198      
Total current liabilities  594 019     599 170  635 446      
Total liabilities  1 178 776     1 735 574  1 719 922      
Total equity and liabilities  4 559 293     6 628 552  6 355 447      
* Intangible assets is now separately disclosed from property, plant and equipment with a restatement of 2018 financial year.
** Less than one thousand.
*** Trade and other receivables has been restated due to a prior period error in the 2018 financial year. The derivative financial liability was previously netted off against the trade and other receivables balance and is now separately disclosed.
**** Inventory of R133.2 million (2018: R8.3 million) was written down for the year ended 31 December 2019.
^ In line with the restatement noted, a third balance sheet has been included for comparative purposes.