Condensed consolidated statement of financial position
as at 31 December 2019
Download (EXCEL) |
Notes | Unaudited 31 December 2019 Rm |
Unaudited 31 December 2018 Rm |
Audited1 30 June 2019 Rm |
|||||
ASSETS | ||||||||
Non-current assets | 12 715 | 10 088 | 10 286 | |||||
Goodwill | 6 | 1 127 | 1 017 | 1 020 | ||||
Intangible assets | 243 | 255 | 253 | |||||
Investments in associates and joint ventures | 251 | 281 | 258 | |||||
Property, plant and equipment | 7 327 | 7 034 | 7 023 | |||||
Investment properties | 171 | – | 175 | |||||
Right-of-use assets2 | 1 896 | – | – | |||||
Finance lease receivables2 | 56 | – | – | |||||
Deferred tax | 1 184 | 894 | 1 048 | |||||
Investments and other financial instruments | 460 | 607 | 509 | |||||
Current assets | 29 499 | 26 906 | 28 404 | |||||
Inventories | 19 190 | 17 024 | 19 069 | |||||
Vehicles for hire | 4 763 | 4 067 | 3 385 | |||||
Taxation | 171 | 186 | 130 | |||||
Trade and other receivables | 4 526 | 4 720 | 4 744 | |||||
Derivative financial assets | 7 | 121 | 34 | |||||
Finance lease receivables2 | 54 | – | – | |||||
Cash resources | 7 | 788 | 788 | 1 042 | ||||
Assets classified as held for sale | 161 | 208 | 182 | |||||
Total assets | 42 375 | 37 202 | 38 872 | |||||
EQUITY AND LIABILITIES | ||||||||
Capital and reserves | ||||||||
Stated capital | 22 914 | 23 525 | 22 985 | |||||
Treasury shares | (414) | (360) | (435) | |||||
Common control reserve | (19 224) | (19 558) | (19 191) | |||||
Hedge accounting reserve | (124) | 227 | 30 | |||||
Other reserves | (511) | (516) | (447) | |||||
Retained income | 9 241 | 8 849 | 8 933 | |||||
Attributable to owners of Motus | 11 882 | 12 167 | 11 875 | |||||
Non-controlling interests | 59 | (37) | (37) | |||||
Total equity | 11 941 | 12 130 | 11 838 | |||||
Liabilities | ||||||||
Non-current liabilities | 9 629 | 7 524 | 6 716 | |||||
Contract liabilities | 1 711 | 1 570 | 1 649 | |||||
Deferred tax | 27 | 27 | 27 | |||||
Interest-bearing debt | 5 725 | 5 589 | 4 640 | |||||
Lease liabilities2 | 1 832 | – | – | |||||
Provisions | 321 | 316 | 382 | |||||
Other financial liabilities | 13 | 22 | 18 | |||||
Current liabilities | 20 787 | 17 528 | 20 299 | |||||
Contract liabilities | 1 165 | 1 182 | 1 169 | |||||
Trade and other payables1 | 8 928 | 7 693 | 9 716 | |||||
Floorplans from suppliers1 | 5 202 | 4 988 | 5 619 | |||||
Provisions | 422 | 419 | 415 | |||||
Other financial liabilities | 28 | – | 35 | |||||
Derivative financial liabilities | 397 | 34 | 135 | |||||
Taxation | 263 | 323 | 190 | |||||
Interest-bearing debt1 | 1 923 | 1 325 | 1 179 | |||||
Lease liabilities2 | 520 | – | – | |||||
Floorplans from financial institutions1 | 1 939 | 1 564 | 1 841 | |||||
Liabilities relating to assets classified as held for sale | 18 | 20 | 19 | |||||
Total equity and liabilities | 42 375 | 37 202 | 38 872 |
1 | In line with the audited annual financial statements as at 30 June 2019, floorplans from suppliers and financial institutions have been disclosed separately from trade and other payables and interest-bearing debt respectively. |
2 | Please refer to note 3, adoption of standards issued and effective, for the impact of the initial application of IFRS 16 – Leases. |