UNAUDITED GROUP RESULTS AND CASH DIVIDEND DECLARATION for the six months ended 31 March 2015

Incorporated in the Republic of South Africa
Reg. No 1913/004355/06
Ordinary share Code: RLO
ISIN code: ZAE000057428
(“Reunert”, “the group” or “the company”)

SUMMARISED

GROUP BALANCE SHEET

R million   Notes   31 March  
2015  
(Unaudited) 
31 March  
2014  
(Unaudited) 
30 September  
2014  
(Audited) 
 
Non-current assets            
Property, plant and equipment, investment properties and intangible assets     710,1   724,3   722,4    
Goodwill   7   647,8   859,3   649,3    
Investments and loans   8   93,0   86,2   91,6    
Investment in joint ventures     155,0   160,7   148,5    
Rental and finance lease receivables     1 534,7   1 355,0   1 465,3    
Deferred taxation     51,5   52,6   51,1    
    3 192,1   3 238,1   3 128,2    
Current assets            
Inventory and contracts in progress     917,5   1 062,0   983,7    
Rental and finance lease receivables     738,2   642,7   722,5    
Accounts receivable, derivative assets and taxation     1 651,9   1 532,2   1 443,6    
Cash and cash equivalents     2 521,1   463,1   697,0    
Assets of discontinued operation   3   62,6   874,7   2 607,6    
    5 891,3   4 574,7   6 454,4    
Total assets     9 083,4   7 812,8   9 582,6    
Equity attributable to equity holders of Reunert     6 300,5   4 839,9   6 269,4    
Non-controlling interests     60,2   73,8   63,4    
Total equity     6 360,7   4 913,7   6 332,8    
Non-current liabilities            
Deferred taxation     96,2   64,7   121,2    
Long-term borrowings   9   402,2   24,9   425,5    
Non-current liabilities of discontinued operation   3   –   65,6   250,4    
    498,4   155,2   797,1    
Current liabilities            
Accounts payable, derivative liabilities, provisions and taxation     1 896,2   1 496,8   1 458,0    
Bank overdrafts, short-term loans and current portion of long-term borrowings (including finance leases)    87,9   816,0   343,1    
Current liabilities of discontinued operation   3   240,2   431,1   651,6    
    2 224,3   2 743,9   2 452,7    
Total equity and liabilities     9 083,4   7 812,8   9 582,6