Statements of financial position
as at 31 March 2013

      Group Company
  Figures in Rand million Note(s)  2013   2012   2013   2012  
  Assets          
  Cash and cash equivalents   4   9 009   7 825   8 043   7 117  
  Derivative financial instruments   18   49   7   49   6  
  Trade and other receivables   5   2 961   1 267   790   275  
  Inventories   6   3 390   1 860   11   10  
  Current tax receivable     7   121   –   56  
  Loans and advances   7   18 666   15 978   18 297   15 070  
  Investments   8   72 436   69 664   50 190   49 724  
  Non-current assets held for sale and assets of disposal groups   9   –   15   –   –  
  Investments in subsidiaries   10   –   –   37 239   31 515  
  Investments in associates   11   11 680   10 567   11 008   12 326  
  Deferred tax   12   392   22   –   –  
  Investment property   13   330   117   15   9  
  Property, plant and equipment   14   7 913   4 772   121   110  
  Biological assets   15   21   14   –   –  
  Intangible assets   16   31   1   –   –  
  Total assets     126 885   112 230   125 763   116 218  
  Equity and liabilities            
  Equity            
  Equity attributable to equity holders of the Group/Company            
  Share capital   17   1 393   1 393   1 393   1 393  
  Reserves     59 629   56 175   69 134   68 219  
  Retained income     35 744   34 294   20 382   19 453  
      96 766   91 862   90 909   89 065  
  Non-controlling interest     174   331   –   –  
  Total equity     96 940   92 193   90 909   89 065  
  Liabilities            
  Bank overdraft   4   8   3   –   –  
  Derivative financial instruments   18   6   5   6   3  
  Trade and other payables   19   3 190   2 286   874   846  
  Current tax payable     127   –   116   –  
  Retirement benefit obligation   20   759   265   155   135  
  Other financial liabilities   21   19 025   9 923   25 655   17 814  
  Deferred tax   12   6 399   7 290   7 712   8 003  
  Provisions   22   375   208   39   48  
  Share-based payment liability   23   56   57   297   304  
  Total liabilities     29 945   20 037   34 854   27 153  
  Total equity and liabilities     126 885   112 230   125 763   116 218  

Coega Dairy Holdings

The IDC has identified increased competition in the dairy value chain and import substitution in the cheese industry as key sector development goals. We also singled out the need for increased farmer (and specifically B-BBEE) participation in dairy value-adding initiatives.

Windtown Lagoon Resort 

The newly built Windtown Lagoon Resort and Spa reflects the IDC’s focus to funding community-based projects that have potential to create employment opportunities in far-flung regions.


APPROVALS
R13.1 billion
DISBURSEMENTS
R16.0 billion
JOBS FACILITATED
18 922
JOBS SAVED
3 950
© The IDC 2013. All rights not expressly allowed are reserved. P.O. Box 784055, Sandton, 2146, South Africa