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AFRICAN DAWN ANNUAL REPORT 14

Statement of Financial Position as at 28 February 2014 Group Company 2014 2013 2014 2013 Note(s) R '000 R '000 R '000 R '000 Assets Non-Current Assets Property, plant and equipment 3 92 899 85 134 Intangible assests 4 - 1,792 - - Investments in subsidiaries 5 - - 5,279 8,601 Other financial assets 7 - 638 - - 92 3,329 5,364 8,735 Current Assets Properties in possession 10 24,748 21,335 - - Loans to group companies 6 - - 46,473 49,022 Other financial assets 7 - 300 - - Current tax receivable 18 95 95 - - Trade and other receivables 11 19,497 83,340 2,151 2,697 Cash and cash equivalents 12 1,084 9,014 397 320 45,424 114,084 49,021 52,039 Non-current assets held for sale and assets of disposal groups 13 59,766 4,129 3,322 - Total Assets 105,282 121,542 57,707 60,774 Equity and Liabilities Equity Share capital 14 284,634 284,634 284,634 284,634 Accumulated loss (241,223) (221,383) (247,939) (244,108) 43,411 63,251 36,695 40,526 Liabilities Non-Current Liabilities Borrowings 16 8,844 22,366 - 1,621 Finance lease obligation 17 - 316 - - 8,844 22,682 - 1,621 Current Liabilities Loans from group companies 6 - - 6,943 6,958 Borrowings 16 7,893 7,292 1,663 - Current tax payable 18 18,226 18,709 6,728 6,728 Finance lease obligation 17 - 77 - - Operating lease liability 9 174 195 174 195 Trade and other payables 19 6,198 9,336 5,504 4,746 Bank overdraft 12 1 - - - 32,492 35,609 21,012 18,627 Liabilities of disposal groups 13 20,535 - - - Total Liabilities 61,871 58,291 21,012 20,248 Total Equity and Liabilities 105,282 121,542 57,707 60,774 AFRICAN DAWN 3 2 ANNUAL REPORT 2014


AFRICAN DAWN ANNUAL REPORT 14
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