Unconsolidated subsidiary – Annexure B
at 30 September 2009

   
 

CAFCA


The financial statements of CAFCA, a company incorporated in Zimbabwe, have not been consolidated in the group financial statements as the directors believe there is a lack of control as defined in IAS 27 Consolidated and Separate Financial Statements and the amounts involved are not material to the group.  

  %      
Effective holding (held via ATC)   71,5      
Attributable Reunert group holding   64,3      
       
  Rm      
Shares at cost   7,3      
Less: Amount written off   (7,3)      
Carrying value of investment   —      
       
      2009  
US$  
INCOME STATEMENT        
Revenue       1 906 024  
Operating profit       145 296  
Net finance income       345  
Profit before taxation       145 641  
Taxation charge       (47 384) 
Profit after taxation       98 257  
Profit attributable to Reunert shareholders (Rm)       —  
BALANCE SHEET        
ASSETS        
Non-current assets       3 204 831  
      3 204 831  
Current assets        
Inventory       1 528 270  
Accounts receivable       431 074  
Cash       82 714  
      2 042 058  
TOTAL ASSETS       5 246 889  
EQUITY AND LIABILITIES        
Share capital and reserves       4 939 670  
Current liabilities       307 219  
TOTAL EQUITY AND LIABILITIES       5 246 889