COMPANY STATEMENT OF FINANCIAL POSITION¬† ¬†for the year ended 23 December 2012

  Notes December 2012
Rm
  June 2012
Rm
 *

Assets 

         
Non-current assets    475.7    475.2   
Interests in subsidiaries  5  469.9    469.9   
Other financial assets  6  5.8    5.3   
Current assets    1,596.1    1,591.4   
Trade and other receivables    11.0     
Amounts owing by subsidiaries  5  1,577.5    1,583.6   
Cash and bank balances    7.6    7.8   
Total assets    2,071.8    2,066.6   

Equity and liabilities 

         
Capital and reserves    1,552.6    1,468.0   
Share capital  8  2.2    2.2   
Share premium  8  752.1    750.6   
General reserves  9  12.5    8.5   
Retained profit    785.8    706.7   
Preference shares  8  0.1    0.1   
Total equity    1,552.7    1,468.1   
Non-current liabilities    0.2    0.1   
Deferred taxation  7  0.2    0.1   
Current liabilities    518.9    598.4   
Trade and other payables    17.4    22.1   
Taxation    0.9    0.6   
Amounts owing to subsidiaries  5  500.6    575.7   
Total equity and liabilities    2,071.8    2,066.6   

  • With the exception of the accounting policies relevant to the basis of consolidation, the accounting policies are in line with the Massmart Group accounting policies. Refer to note 1 in the Group Financial Statements.

* Restated June 2012