Summarised preliminary consolidated statement of financial position
AT 30 SEPTEMBER
| Audited | ||||||
| R million | Notes | 2020 | Restated * 2019 |
|||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-current assets | 20 470 | 19 206 | ||||
| Property, plant and equipment | 6 | 12 239 | 12 062 | |||
| Right-of-use assets | 1 611 | |||||
| Goodwill | 7 | 1 352 | 1 700 | |||
| Intangible assets | 8 | 1 632 | 1 558 | |||
| Investment in associates and joint ventures | 9 | 2 148 | 2 253 | |||
| Finance lease receivables | 187 | 157 | ||||
| Long-term financial assets | 10 | 287 | 710 | |||
| Deferred taxation assets | 1 014 | 766 | ||||
| Current assets | 27 379 | 27 855 | ||||
| Vehicle rental fleet | 1 889 | 3 137 | ||||
| Inventories | 10 170 | 8 328 | ||||
| Trade and other receivables | 7 916 | 8 052 | ||||
| Contract assets | 514 | 981 | ||||
| Taxation | 147 | 83 | ||||
| Cash and cash equivalents | 6 743 | 7 274 | ||||
| Assets classified as held for sale | 11 | 29 | 327 | |||
| Total assets | 47 878 | 47 388 | ||||
| EQUITY AND LIABILITIES | ||||||
| Capital and reserves | ||||||
| Share capital and premium | (1 121) | 441 | ||||
| Other reserves | 5 856 | 4 523 | ||||
| Retained income | 14 769 | 18 659 | ||||
| Interest of shareholders of Barloworld Limited | 19 504 | 23 623 | ||||
| Non-controlling interest | 246 | 272 | ||||
| Interest of all shareholders | 19 750 | 23 895 | ||||
| Non-current liabilities | 11 251 | 7 930 | ||||
| Interest-bearing | 5 897 | 4 621 | ||||
| Deferred taxation liabilities | 806 | 572 | ||||
| Lease liabilities | 1 977 | |||||
| Provisions | 129 | 123 | ||||
| Contract liabilities | 436 | 367 | ||||
| Other non-current liabilities | 2 006 | 2 247 | ||||
| Current liabilities | 16 877 | 15 485 | ||||
| Trade and other payables | 11 096 | 10 179 | ||||
| Contract liabilities | 1 272 | 870 | ||||
| Lease liabilities | 351 | |||||
| Provisions | 622 | 601 | ||||
| Taxation | 38 | 87 | ||||
| Amounts due to bankers and short-term loans | 3 498 | 3 748 | ||||
| Liabilities directly associated with assets classified as held for sale | 11 | 78 | ||||
| Total equity and liabilities | 47 878 | 47 388 | ||||
| * | The restatement in 2019 is due to Avis fleet no longer being classified as a discontinued operation, the restatement of an error on the inventory, trade and other payables, other non-current liabilities and contract liabilities (Refer to note 20). |