Statement of financial position
at 30 June 2020


R million  Notes  30 June 
2020(1) 		 30 June  
2019  
ASSETS          
Non-current assets          
Property, plant and equipment     16 845  14 541 
Investment properties     109  119 
Intangible assets  6  21 067  24 024 
Investments – Equity accounted  7  50 991  71 183 
  – Financial assets at fair value through other comprehensive income (FVOCI)(2)     12 505  3 727 
Financial assets at fair value through profit and loss (FVPL)     309  147 
Hedge derivatives     101  – 
Retirement benefits     868  748 
Long-term loans and debtors     181  311 
Deferred taxation     190  199 
      103 166  114 999 
Current assets     43 933  40 539 
Inventories     12 032  12 034 
Biological agricultural assets     805  866 
Debtors and short-term loans     9 958  9 543 
Financial assets at FVPL     11  148 
Taxation     258  108 
Investment in money market funds     4 945  5 175 
Cash and cash equivalents     15 631  12 662 
      43 640  40 536 
Assets held for sale     293  3 
           
Total assets     147 099  155 538 
           
EQUITY AND LIABILITIES          
Stated capital      13 416  13 416 
Reserves     73 921  88 251 
Treasury shares     (564)  (570) 
Shareholders’ equity     86 773  101 097 
Non-controlling interest     14 670  15 092 
Total equity     101 443  116 189 
Non-current liabilities     23 139  26 770 
Retirement benefits     141  186 
Long-term loans  8  15 167  21 020 
Lease liabilities     1 725  – 
Deferred taxation     6 106  5 563 
Financial liability at FVPL     –  1 
Current liabilities     22 517  12 579 
Trade and other payables     11 616  11 106 
Short-term loans(3)     10 158  1 376 
Lease liabilities     310  – 
Financial liabilities at FVPL     279  54 
Taxation     154  43 
           
Total equity and liabilities     147 099  155 538 
            
(1) Refer to “Change in accounting policies” for the impact of the implementation of new accounting standards.
(2) With effect from 8 June 2020 Remgro ceased to have significant influence over FirstRand, due to among others the RMH Unbundling, and the investment was reclassified from an equity accounted investment to an investment at FVOCI.
(3) As the exchangeable bonds of £350 million have a maturity date of 22 March 2021, they were classified as short-term loans during the 2020 financial year.