| Foschini Limited and its subsidiaries |
|
2009 |
2008 |
| |
Note |
Rm |
Rm |
ASSETS |
|
|
|
| Non-current assets |
|
|
|
| Property, plant and equipment |
2 |
981,3 |
847,4 |
| Goodwill and intangible assets |
3 |
43,2 |
30,8 |
| Preference share investment |
4 |
200,0 |
200,0 |
| Investment in associates |
|
– |
5,0 |
| Staff housing loans |
5 |
1,2 |
1,3 |
| Private label card receivables |
6 |
433,3 |
253,0 |
| Loan receivables |
7 |
886,4 |
567,3 |
| Participation in export partnerships |
8 |
87,8 |
92,5 |
| Deferred taxation asset |
9 |
160,5 |
174,5 |
| |
|
2 793,7 |
2 171,8 |
| Current assets |
|
|
|
| Inventory |
10 |
1 524,9 |
1 290,0 |
| Trade receivables – retail |
11 |
2 746,3 |
2 445,6 |
| Private label card receivables |
6 |
1 051,1 |
815,3 |
| Other receivables and prepayments |
|
143,1 |
131,4 |
| Loan receivables |
7 |
101,8 |
148,9 |
| Participation in export partnerships |
8 |
6,9 |
8,0 |
| Cash |
12 |
296,2 |
169,5 |
| |
|
5 870,3 |
5 008,7 |
| Total assets |
|
8 664,0 |
7 180,5 |
EQUITY AND LIABILITIES |
|
|
|
| Equity attributable to equity holders of Foschini Limited |
|
|
|
| Share capital |
13 |
3,0 |
3,0 |
| Share premium |
|
498,7 |
498,7 |
| Treasury shares |
14 |
(1 088,6) |
(1 230,2) |
| Dividend reserve |
15.1 |
408,8 |
408,8 |
| Hedging (deficit) reserve |
15.2 |
(7,4) |
12,1 |
| Share-based payments reserve |
15.3 |
117,3 |
91,6 |
| Insurance cell reserves |
15.4 |
1,5 |
1,5 |
| Retained earnings |
|
4 563,0 |
4 059,7 |
| |
|
4 496,3 |
3 845,2 |
| Minority interest |
16 |
359,2 |
290,9 |
| Total equity |
|
4 855,5 |
4 136,1 |
| Non-current liabilities |
|
|
|
| Interest-bearing debt |
17 |
937,4 |
172,2 |
| Minority interest loans |
18 |
783,2 |
495,2 |
| Operating lease liability |
|
128,3 |
128,7 |
| Deferred taxation liability |
9 |
149,9 |
156,5 |
| Post-retirement defined benefit plan |
19 |
84,1 |
84,1 |
| |
|
2 082,9 |
1 036,7 |
| Current liabilities |
|
|
|
| Interest-bearing debt |
17 |
402,5 |
1 201,0 |
| Trade and other payables |
20 |
1 252,5 |
741,8 |
| Taxation payable |
|
70,6 |
64,9 |
| |
|
1 725,6 |
2 007,7 |
| Total liabilities |
|
3 808,5 |
3 044,4 |
| Total equity and liabilities |
|
8 664,0 |
7 180,5 |
