Summarised consolidated statement of financial position

as at 31 December

	31 December 2014 Audited R’000	31 December 2013 Audited R’000
ASSETS
Property, plant and equipment	3 239 162	3 099 988
Deferred tax assets^b	13 518	12 972
Total non-current assets	3 252 680	3 112 960
Inventories	1 435 799	1 132 986
Current tax assets	15 485	7 440
Trade and other receivables	652 642	677 649
Cash and cash equivalents	44 541	85 547
Total current assets	2 148 467	1 903 622
Total assets	5 401 147	5 016 582
EQUITY
Share capital	25 053	24 942
Share premium	1 269 578	1 262 899
Equity-settled share-based payment reserve	24 651	39 011
Retained earnings	1 804 220	1 598 985
Total equity attributable to equity holders	3 123 502	2 925 837
LIABILITIES
Loans and borrowings	549 909	576 311
Provision for close down and restoration costs	129 029	111 456
Deferred tax liabilities	687 215	639 071
Total non-current liabilities	1 366 153	1 326 838
Loans and borrowings	80 778	19 471
Trade and other payables^c	615 773	648 143
Provision for closure and restoration costs	7 932	–
Bank overdraft	207 009	96 293
Total current liabilities	911 492	763 907
Total liabilities	2 277 645	2 090 745
Total equity and liabilities	5 401 147	5 016 582

^b	Disclosed in the prior year in deferred tax liabilities. The 2013 numbers were reclassified.
^c	Includes R189m (2013: R194m) short-term stock warehousing facility

Sponsor: Merrill Lynch South Africa Proprietary Limited

Executive Directors: Z Matlala (Chief Executive Officer), K Bissessor (Financial Director),
Non-executive Directors: CK Molefe (Chairman)*, NB Majova*, A Mngomezulu*,
K Nondumo*, B Harvey, M Mosweu, Z van der Walt*
Company Secretary: Corporate Statutory Services
Registered office: First Floor, Block B, Sandton Place,
68 Wierda Road East, Wierda Valley, Sandton, 2196
Transfer secretaries: Link Market Services South Africa Proprietary Limited