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Our business
Operating context
Delivering on our strategy
Our governance structure
Administration
Summarised consolidated statement of financial position
as at 31 March
Rm
2017
2016
Assets
Non-current assets
52 127
51 085
Property, plant and equipment
40 181
39 744
Intangible assets
9 186
9 517
Financial assets
424
280
Investment in joint venture
5
4
Trade and other receivables
971
754
Finance receivables
1 161
761
Deferred tax
199
25
Current assets
29 011
27 618
Financial assets
3 489
2 641
Inventory
1 268
1 675
Trade and other receivables
13 489
13 275
Non-current assets held for sale
114
589
Finance receivables
1 556
1 390
Tax receivable
222
114
Bank and cash balances
8 873
7 934
Total assets
81 138
78 703
Equity and liabilities
Fully paid share capital
*
*
Treasury shares
(1 670)
(1 658)
Retained earnings
26 396
24 635
Other reserves
(663)
1 181
Equity attributable to owners of the
parent
24 063
24 158
Non-controlling interests
(1 067)
(1 134)
Total equity
22 996
23 024
Non-current liabilities
31 423
29 909
Borrowings
27 613
26 658
Trade and other payables
815
815
Provisions
360
164
Deferred tax
2 635
2 272
Current liabilities
26 719
25 770
Borrowings
3 762
2 284
Trade and other payables
22 700
22 845
Provisions
188
92
Tax payable
47
344
Dividends payable
22
22
Bank overdrafts
–
183
Total equity and liabilities
81 138
78 703
* Fully paid share capital of R100.
Increase from net additions of R9 303 million and
transfers from intangible assets and other
movements of R619 million, mostly offset by
depreciation of R7 457 million and foreign currency
translation of R2 125 million.
Includes additions of R1 904 million mainly for
computer software, offset by amortisation of
R1 794 million and transfers of R382 million to
property, plant and equipment.
Recognition of deferred tax assets in South Africa
and Mozambique.
Increase in deposits from M-Pesa customers in our
International operations.
US$30 million repayment of HTT loan.
Prior year driven by the acquisition of high-end
handsets in March 2016.
Decrease driven by R1 771 million foreign currency
translation, which includes a R494 million gain, net of
tax, on net investments in foreign operations.
Drawdown of R4 000 million on a facility from
Vodafone for capital expenditure offset by repayment
of R1 470 million on a three-year, R3 000 million
Vodafone loan.
Increase primarily due to increased capital allowances
in line with capital expenditure.
Current portion of Vodafone loans.