95 / 170
2016
R’000
2015
R’000
19.
INVENTORIES
Raw materials
329 997
192 849
Work-in-progress
12 871
5 683
Finished goods
8 486 071
6 286 114
8 828 939
6 484 646
Write down of inventory to net realisable value charged to the statement of profit or loss
22 501
22 077
Provision for stock obsolescence included in the inventories balance
188 349
140 490
20.
TRADE AND OTHER RECEIVABLES
Trade receivables
14 493 337
11 623 744
Impairment allowances
(548 531)
(377 288)
Net trade receivables
13 944 806
11 246 456
Forward exchange contracts asset
3 447
7 893
Prepayments and other receivables
1 265 912
936 829
Other
–
4 320
15 214 165
12 195 498
Refer to note 32 for further disclosure on trade receivables, impairment allowances, and forward
exchange contracts.
21.
CAPITAL AND RESERVES ATTRIBUTABLE TO SHAREHOLDERS OF THE COMPANY
Stated capital
Issued stated capital
5 428 016
#
Less:
Shares held by subsidiary as treasury shares
(949 731)
–
Transfer as a result of unbundling
(962 151)
–
Shares disposed of in terms of share incentive scheme
12 420
–
Reserves
Foreign currency translation reserve
7 111 926
4 852 891
Hedging reserve
–
(3 308)
Equity-settled share-based payment reserve
(2 025)
54 857
Retained earnings
12 492 438
12 778 926
Total capital reserves comprise
Amounts attributable to shareholders of the company
24 080 624
17 683 366
Amounts attributable to minority shareholders
136 950
65 946
24 217 574
17 749 312
Reserves comprise
Company and subsidiaries
24 085 133
17 685 077
Associates
(4 509)
(1 711)
24 080 624
17 683 366
#
Amount below R1 000.
Bidcorp Limited Annual integrated report 2016 |
Page 91
Financial overview