| |
|
2006
Rm |
2005
Rm |
| 30. |
Joint ventures |
 |
|
|
The group’s proportionate
share of joint venture income, expenses, assets
and liabilities is shown below. These items are
included under the appropriate captions in the
group income statement and balance sheet under
the proportionate consolidation method of accounting. |
|
|
| |
Aggregate summarised
income statement of joint ventures
(group’s share): |
|
|
| |
Income from operations |
13 |
13 |
| |
Operating expenses |
(10) |
(6) |
| |
Profit before tax |
3 |
7 |
| |
Taxation |
(1) |
—
|
| |
Profit for the year |
2 |
7 |
| |
Aggregate summarised
balance sheet of joint ventures
(group’s share): |
|
|
| |
Non-current assets |
—
|
—
|
| |
Current assets |
5 |
11 |
| |
Total assets |
5 |
11 |
| |
Equity |
(4) |
(6) |
| |
Non-current liabilities |
6 |
16 |
| |
Current liabilities |
3 |
1 |
| |
Total equity and liabilities |
5 |
11 |
| |
Details of financial interests
in joint ventures which are considered material
to the group are set out in Annexure B contained
in these financial statements. All joint ventures
are unlisted. |
|
|
