Download PDF - Kumba Iron Ore

GROUP BALANCE SHEET
AS AT 31 DECEMBER
BALANCE
SHEET
Rand million Notes 2011 2010
Assets
Property, plant and equipment 1 20,878 15,866
Biological assets 2 6 6
Investments in associates and joint ventures 3 33 29
Investments held by environmental trust 4 568 372
Long-term prepayments and other receivables 5 95 53
Deferred tax assets 11 658 472
Non-current assets 22,238 16,798
Inventories 6 3,864 3,102
Trade and other receivables 7 3,537 3,096
Current tax assets 26 32 24
Cash and cash equivalents 8 4,742 4,855
Current assets 12,175 11,077
Total assets 34,413 27,875
Equity and liabilities
Shareholders’ equity 15,833 14,338
Non-controlling interest 23 4,759 4,038
Total equity 20,592 18,376
Liabilities
Interest-bearing borrowings 9 – 3,185
Provisions 10 901 672
Deferred tax liabilities 11 4,942 2,272
Non-current liabilities 5,843 6,129
Short-term portion of interest-bearing borrowings 9 3,191 –
Short-term portion of provisions 10 11 11
Trade and other payables 12 4,556 3,274
Current tax liabilities 26 220 85
Current liabilities 7,978 3,370
Total liabilities 13,821 9,499
Total equity and liabilities 34,413 27,875
38 Kumba Iron Ore Limited