This summarised report is extracted from audited information, but is not itself audited. The full set of audited consolidated financial statements from which these summarised consolidated financial statements have been derived, were prepared under the supervision of Ditabe Chocho CA(SA), Financial Director, as set out more fully in note 1 of these financial results.
| As at | |||
| Notes | 31 December 2023 Audited R'000 |
31 December 2022 Audited R'000 |
|
|---|---|---|---|
| Assets | |||
| Property, plant and equipment | 1 387 714 | 1 074 971 | |
| Intangible asset | 25 413 | 29 626 | |
| Investment in associate | 14 150 | 6 709 | |
| Deferred tax | – | 6 210 | |
| Long-term receivable | 37 287 | 38 663 | |
| Other long-term receivable | 14 229 | 14 229 | |
| Total non-current assets | 1 478 793 | 1 170 408 | |
| Inventories | 1 916 476 | 2 372 540 | |
| Trade and other receivables | 1 544 037 | 868 122 | |
| Current tax receivable | 65 218 | – | |
| Cash and cash equivalents | 1 655 807 | 1 268 599 | |
| 5 181 538 | 4 509 261 | ||
| Non-current asset held for sale | 11 | 963 | 963 |
| Total assets | 6 661 294 | 5 680 632 | |
| Equity | |||
| Share capital | 1 288 876 | 1 288 876 | |
| Retained income | 3 969 665 | 3 041 413 | |
| Total equity attributable to owners of the company | 5 258 541 | 4 330 289 | |
| Liabilities | |||
| Lease obligation | 5 911 | 9 059 | |
| Deferred tax | 271 554 | 131 020 | |
| Environmental obligations | 131 330 | 265 350 | |
| Share-based payment liability | 10 040 | 12 518 | |
| Total non-current liabilities | 418 835 | 417 947 | |
| Trade and other payables | 945 859 | 840 039 | |
| Lease obligation | 3 148 | 3 884 | |
| Current tax payable | 178 | 52 073 | |
| Environmental obligations | 10 907 | 4 345 | |
| Share-based payment liability | 11 258 | 7 794 | |
| 971 350 | 908 135 | ||
| Liabilities directly associated with the assets held for sale | 12 568 | 24 261 | |
| Total liabilities | 1 402 753 | 1 350 343 | |
| Total equity and liabilities | 6 661 294 | 5 680 632 |