Consolidated balance sheet at 30 June 2005 Notes 2005 2004 ASSETS Non-current assets Property, plant and equipment 1 1 194,3 1 090,6 Investment property 2 259,3 271,5 Goodwill 3 47,9 4,7 Investment in associate companies 4 504,9 652,8 Other investments 5 360,1 304,7 Deferred operating lease income accrual 95,8 103,9 Deferred taxation assets 15 37,8 32,8 Total non-current assets 2 500,1 2 461,0 Current assets Inventories 6 554,2 489,6 Contracts-in-progress and contract receivables 7 1 125,0 928,1 Trade and other receivables 8 1 046,2 1 077,4 Deferred operating lease income accrual 8,1 4,4 Derivative financial instruments 9 33,8 67,4 Bank balances and cash 1 932,8 1 103,6 Total current assets 4 700,1 3 670,5 TOTAL ASSETS 7 200,2 6 131,5 EQUITY AND LIABILITIES Capital and reserves Share capital and premium 10 1 425,2 1 445,1 Non-distributable reserves (195,4) (273,7) Accumulated profit 1 737,5 1 431,7 Total ordinary shareholders’ equity 2 967,3 2 603,1 Minority interest 92,1 54,0 Permanent capital 3 059,4 2 657,1 Non-current liabilities Long-term loans 12 339,0 139,2 Obligations under finance headleases 13 274,2 346,1 Long-term provision 14 4,5 29,3 Deferred operating lease cost accrual 85,1 101,8 Deferred taxation liabilities 15 202,1 117,9 Total non-current liabilities 904,9 734,3 Current liabilities Trade and other payables 16 2 160,9 1 884,8 Deferred operating lease cost accrual 16,6 17,0 Derivative financial instruments 9 7,6 17,2 Subcontractor liabilities 17 575,1 509,2 Current taxation liabilities 94,9 28,8 Bank overdrafts and short-term loans 18 380,8 283,1 Total current liabilities 3 235,9 2 740,1 TOTAL EQUITY AND LIABILITIES 7 200,2 6 131,5 All monetary amounts are expressed in millions of rand