Summary consolidated statement of financial position

for the year ended 31 March 2020

  Notes   31 March 2020
Rm		   Restated
31 March1 2019
Rm		   Restated
1 April1 2018
Rm		  
Assets                
Non-current assets     45 071   37 961   36 359  
Property, plant and equipment     33 608   32 035   30 324  
Right-of-use assets 8   4 502   –   –  
Intangible assets     4 739   4 521   4 492  
Other investments     62   78   100  
Employee benefits2     992   729   627  
Other financial assets 9   192   133   60  
Finance lease receivables     148   210   262  
Deferred taxation 12   828   255   494  
Current assets     16 315   14 783   13 778  
Inventories 10   972   1 267   1 341  
Income tax receivable     9   76   54  
Finance lease receivables     106   108   112  
Trade and other receivables 18   7 019   7 425   6 370  
Contract assets 18   1 979   2 161   1 425  
Other current assets 19   536   357   247  
Other financial assets 9   759   388   163  
Absa sinking fund investment 13   161   1 573   1 509  
Investment in insurance cell captive     46   –   –  
Cash and cash equivalents 11   4 728   1 428   2 557  
Assets classified as held for sale 14   –   200   204  
Total assets     61 386   52 944   50 341  
Equity and liabilities                
Equity attributable to owners of the parent     29 504   29 573   26 957  
Share capital     5 050   5 050   5 050  
Share-based compensation reserve3     835   512   377  
Non-distributable reserves     1 642   1 621   1 579  
Retained earnings     21 977   22 390   19 951  
Non-controlling interests     (29)   195   194  
Total equity     29 475   29 768   27 151  
Non-current liabilities     14 767   6 740   10 268  
Interest-bearing debt 15   10 105   4 840   7 158  
Lease liabilities 8   3 708   –   –  
Provisions 16   343   1 193   2 427  
Other financial liabilities 9   62   79   –  
Deferred revenue     396   466   502  
Deferred taxation 12   153   162   181  
Current liabilities     17 144   16 436   12 922  
Trade and other payables     8 339   6 536   5 771  
Shareholders for dividend     31   29   58  
Interest-bearing debt 15   1 900   5 401   2 239  
Lease liabilities 8   1 067   –   –  
Provisions 16   1 892   1 316   1 489  
Deferred revenue     1 754   1 396   1 597  
Income tax payable     1 240   1 335   1 382  
Other financial liabilities 9   919   423   356  
Credit facilities utilised 11   2   –   30  
Total liabilities     31 911   23 176   23 190  
Total equity and liabilities     61 386   52 944   50 341  
1 Restated. Refer to note 3.7.
2 The increase in employee benefits, specifically the plan assets, is largely due to the actuarial gain. The actuarial gain is due to the change in financial assumptions (an increase in the discount rate and inflation).
3 The increase in the share-based compensation reserve relates to the accelerated vesting of shares due to the voluntary severance, retirement and retrenchment packages in the current year.