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ANNEXURE 4: BALANCE SHEET – US DOLLAR CONVENIENCE TRANSLATION
AS AT 31 DECEMBER
ANNEXURE 4:
BALANCE SHEET
US DOLLAR CONVENIENCE TRANSLATION
(Unaudited supplementary information)
US dollar million 2011 2010
Assets
Property, plant and equipment 2,552 2,395
Biological assets 1 1
Investments in associates and joint ventures 4 4
Investments held by environmental trust 69 56
Long-term prepayments and other receivables 12 8
Deferred tax assets 80 71
Non-current assets 2,718 2,535
Inventories 472 468
Trade and other receivables 433 467
Current tax assets 4 4
Cash and cash equivalents 580 733
Current assets 1,489 1,672
Total assets 4,207 4,207
Equity and liabilities
Shareholders’ equity 1,936 2,164
Non-controlling interest 582 610
Total equity 2,518 2,774
Liabilities
Interest-bearing borrowings – 481
Provisions 110 101
Deferred tax liabilities 604 343
Non-current liabilities 714 925
Short-term portion of interest-bearing borrowings 390 –
Short-term portion of provisions 1 2
Trade and other payables 557 493
Current tax liabilities 27 13
975 508
Total liabilities 1,689 1,433
Total equity and liabilities 4,207 4,207
Exchange rate
Translated at closing rand/US dollar exchange rate 8.18 6.63
82 Kumba Iron Ore Limited