Download the Zambian Breweries 2009 Annual report ... - SABMiller
Download the Zambian Breweries 2009 Annual report ... - SABMiller
Download the Zambian Breweries 2009 Annual report ... - SABMiller
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18 <strong>Zambian</strong> <strong>Breweries</strong> Plc<br />
Consolidated Financial Statements<br />
For The Year Ended 31 March <strong>2009</strong><br />
(all amounts are in millions of Kwacha unless o<strong>the</strong>rwise stated)<br />
CONSOLIDATED BALANCE SHEET<br />
At 31March<br />
Notes <strong>2009</strong> Restated<br />
2008<br />
Non-current assets<br />
Property, plant and equipment 15 441,430 234,793<br />
Investment property 14 220 228<br />
Intangible assets 13 71,987 71,987<br />
513,637 307,008<br />
Current assets<br />
Inventories 17 130,904 68,029<br />
Receivables and prepayments 18 31,561 44,017<br />
Current income tax 10 9,914 -<br />
Cash and cash equivalents 19 20,439 8,257<br />
192,818 120,303<br />
Current liabilities<br />
Payables and accrued expenses 20 272,862 113,006<br />
Current income tax 10 - 13,226<br />
Borrowings 21 150,763 31,409<br />
423,625 157,641<br />
Net current liabilities (230,807 ) (37,338)<br />
Net assets 282,830 269,670<br />
Equity<br />
Share capital 23 364 364<br />
Share premium 23 99,474 99,474<br />
Retained earnings 110,720 108,765<br />
Total equity 210,558 208,603<br />
Non-current liabilities<br />
Borrowings 21 7,563 15,505<br />
Deferred income tax 22 64,709 45,423<br />
Deferred lease income - 139<br />
Total non-current liabilities 72,272 61,067<br />
Total equity and non-current liabilities 282,830 269,670<br />
The financial statements on pages 17 to 44 were approved for issue by <strong>the</strong> Board of Directors on 22 June<br />
<strong>2009</strong> and signed on its behalf by:<br />
Valentine Chitalu<br />
Chairman<br />
Pearson Gowero<br />
Managing Director
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