ArcelorMittal South Africa 2007 Annual Report Page 71 Group Company
Restated
Notes
2007
Rm
2006
Rm
2007
Rm
2006
Rm
 ASSETS Non-current assets Property, plant and equipment
16
15 525
14 973
9 161
8 613
 Intangible assets
17
58
58
32
32
 Unlisted equity accounted investments
18
1 109
953
48
32
 Investments in subsidiaries
19
5 715
3 597
 Other financial assets
20
195
134
124
237
 Total non-current assets
16 887
16 118
15 080
12 511
 Current assets Assets classified as held for sale
21
6
6
 Inventories
22
4 790
4 775
4 196
4 383
 Trade and other receivables
23
2 292
2 212
2 007
1 950
 Taxation
108
179
164
234
 Other financial assets
20
94
135
94
134
 Cash and cash equivalents
4 034
7 750
3 660
7 367
 Total current assets
11 318
15 057
10 121
14 074
 Total assets
28 205
31 175
25 201
26 585
 EQUITY AND LIABILITIES Capital and reserves Stated capital
24
37
6 389
37
6 389
 Non-distributable reserves
25
757
684
(108)
80
 Retained income
25
19 789
16 187
19 980
14 237
 Total shareholders’ equity
20 583
23 260
19 909
20 706
 Non-current liabilities Borrowings and other payables
26
52
61
1
 Finance lease obligations
27
328
502
174
337
 Non-current provisions
28
1 290
1 327
1 282
1 318
 Deferred income tax liability
29
2 603
2 485
1 007
1 218
 Total non-current liabilities
4 273
4 375
2 464
2 873
 Current liabilities Trade and other payables
30
2 873
3 161
2 386
2 645
 Borrowings
26
10
10
 Other financial liabilities
20
67
7
67
6
 Finance lease obligations
27
88
93
79
86
 Current provisions
28
311
269
296
269
 Total current liabilities
3 349
3 540
2 828
3 006
 Total equity and liabilities
28 205
31 175
25 201
26 585
 Group and company balance sheets as at 31 December 2007