ITALTILE

Condensed group statement of financial position

AS AT 30 JUNE 2020

 

	(Rand millions unless otherwise stated)
	Reviewed  year to  30 June  2020		Audited  year to  30 June  2019
ASSETS
Non-current assets	4 812		4 472
Property, plant and equipment	4 248		3 942
Right-of-use assets	349		303
Investments in associates	49		26
Long-term financial assets	133		160
Goodwill	19		19
Deferred taxation	14		22
Current assets	2 610		2 953
Inventories	896		857
Trade and other receivables	778		850
Cash and cash equivalents	860		1 201
Taxation receivable	76		45
Total assets	7 422		7 425
EQUITY AND LIABILITIES
Share capital and reserves	5 634		5 858
Stated capital	4 314		4 010
Non-distributable reserves	26		(28)
Treasury shares	(735)		(497)
Share option reserve	280		220
Retained earnings	1 448		1 902
Non-controlling interests	301		251
Non-current liabilities	1 009		923
Interest-bearing loans	500		500
Lease liabilities	309		257
Deferred taxation	200		166
Current liabilities	779		644
Trade and other payables	617		464
Provisions	98		121
Interest-bearing loans	2		3
Lease liabilities	39		44
Taxation payable	23		12
Total equity and liabilities	7 422		7 425