Abridged group balance sheets
(Rand 000's unless
otherwise stated) |
Reviewed
year to
30 June 2002 |
|
Audited
year to
30 June 2001 |
|
ASSETS |
| Non-current assets |
256 959 |
209 089 |
| Fixed assets |
232 008 |
191 244 |
| Other long-term assets |
24 951 |
17 845 |
| Current assets |
300 853 |
177 131 |
| Inventories |
144 131 |
89 894 |
| Trade and other receivables |
64 944 |
40 577 |
| Cash and cash equivalents |
91 778 |
46 660 |
|
| Total Assets |
557 812 |
386 220 |
|
EQUITY AND LIABILITIES |
| Capital and Reserves |
325 953 |
233 515 |
| Stated Capital |
18 457 |
18 457 |
| Non-distributable reserve |
11 168 |
1 436 |
| Retained Profit |
296 328 |
213 622 |
| Outside shareholders' interest |
8 529 |
7 053 |
| Non-current liabilities |
15 140 |
8 073 |
| Deferred tax |
1 403 |
985 |
| Long-term liabilities |
10 792 |
4 143 |
| Provision for warranties |
2 945 |
2 945 |
| Current liabilities |
208 190 |
137 579 |
| Trade and other payables |
187 750 |
123 355 |
| Taxation |
20 440 |
14 224 |
|
|
557 812 |
386 220 |
|
| Net asset value per share (cents) |
1 827 |
1 314 |
|
Notes to the Abridged Annual Financial statements
There have been no changes in accounting policies during the year ended 30 June 2002, apart from the adoption of AC 107.
The reviewed results have been prepared in accordance with South African Statements of Generally Accepted Accounting Practice.
There are no contingent liabilities or assets at 30 June 2002.
The results have been reviewed by Italtile's auditors, Ernst & Young Chartered Accountants (SA) and their review opinion is available for inspection at Italtile's registered office.
|
