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Report of the audit committee
Report of the independent auditors
Certificate of the company secretary
Director’s report
Principal accounting policies
Group income statement
Group balance sheet
Group statement of changes in equity
Group cash flow statement
Notes to the Group financial statements
Company income statement
Company balance sheet
Company statement of changes in equity
Company cash flow statement
Notes to the company financial statements
Annexure 1: Interest in subsidiary companies and joint ventures
Annexure 2: Group’s attributable interest in associated companies

Group balance sheet

at 31 December 2008

          December 2008     December 2007  
    Notes     Rm     Rm  
  ASSETS                
  Non-current assets       115 319     82 085  
  Property, plant and equipment 8     64 193     39 463  
  Intangible assets 9     45 786     38 797  
  Investments in associates 10     60     60  
  Loans and other non-current receivables 11     4 623     2 433  
  Deferred income tax assets 12     657     1 332  
  Current assets       54 787     33 501  
  Inventories 13     2 372     1 167  
  Trade and other receivables 14     18 942     12 586  
  Taxation prepaid 23     642     184  
  Current portion of loans and other non-current receivables 11     3 324     1 933  
  Other investments 39     7     24  
  Derivatives 38     761      
  Restricted cash 25     1 778     739  
  Cash and cash equivalents 24     26 961     16 868  
                   
  Total assets       170 106     115 586  
  EQUITY                
  Ordinary shares and share premium 15     23 905     23 864  
  Retained earnings       50 712     38 020  
  Reserves 16     1 769     (14 569)  
  Total equity attributable to equity holders of the Company       76 386     47 315  
  Minority interest       4 156     4 187  
  Total equity       80 542     51 502  
  LIABILITIES                
  Non-current liabilities       34 973     29 114  
  Borrowings 17     29 100     23 007  
  Deferred tax liabilities 12     4 989     2 676  
  Put option liability 19         2 556  
  Other long-term liabilities 18     884     875  
  Current liabilities       54 591     34 970  
  Trade and other payables 20     24 753     16 603  
  Unearned income       4 869     2 602  
  Provisions for other liabilities and charges 21     3 292     925  
  Current income tax liabilities 23     5 720     3 746  
  Borrowings 17     11 125     9 328  
  Derivatives 38     126     444  
  Put option liability 19     3 341      
  Bank overdraft 17/24     1 365     1 322  
                   
  Total liabilities       89 564     64 084  
  Total equity and liabilities       170 106     115 586  

The notes are an integral part of these consolidated financial statements.