SUMMARISED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

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    Unaudited
six months
ended
31 December
2016
R’000		    Unaudited
six months
ended
31 December
2015
R’000		    Audited
year ended
30 June
2016
R’000		  
ASSETS            
Non-current assets 2 121 295   2 157 815   2 190 076  
Property and equipment 208 623   159 689   189 362  
Investment property 15 000   15 000   15 000  
Intangible assets (NOTE 2) 1 440 173   1 417 866   1 388 815  
Available for sale investment 18 444   18 444   18 444  
Listed investments 41 608   27 001#   37 182  
Managed funds and deposits 278 851   396 253#   411 934  
Investment in associates 29 374   33 039   24 477  
Deferred income tax assets 89 222   90 523   104 862  
Current assets 867 714   838 104   850 640  
Trade and other receivables 361 100   348 628   365 004  
Inventory 77 465   79 321   72 310  
Current tax asset 30 792   27 916   19 821  
Receivables from associates and joint venture 12 637   –   20 437  
Cash and cash equivalents 385 720   382 239#   373 068  
Total assets 2 989 009   2 995 919   3 040 716  
EQUITY AND LIABILITIES            
Capital and reserves 1 081 596   1 140 454   1 047 979  
Issued ordinary share capital 18 686   18 686   18 686  
Share premium 970 358   970 358#   970 358  
Share-based payment reserve 28 700   23 382   26 604  
Treasury shares (2 324)   (2 324)   (2 324)  
Conditional put option reserve (750 913)   (703 000)   (727 960)  
Foreign currency translation reserve 4 020   7 370   7 027  
Distributable reserve 813 069   825 982   755 588  
Non-controlling interest 549 504   525 194   515 603  
Total equity 1 631 100   1 665 648   1 563 582  
Non-current liabilities 1 004 497   1 031 986   977 573  
Deferred income tax liabilities 90 394   163 518   82 390  
Non-current provisions 8 350   8 350   8 350  
Post-employment medical obligations 2 691   3 134   2 691  
Second tranche payment 134 893   135 970   134 893  
Conditional put option obligation 750 913   703 000   727 960  
Accrual for straight lining of leases 17 256   18 014   21 289  
Current liabilities 353 412   298 285   499 561  
Provisions 11 406   9 636   9 755  
Trade and other payables 288 076   255 762   383 029  
Employment benefit provisions 53 930   32 887   106 777  
Total liabilities 1 357 909   1 330 271   1 477 134  
Total equity and liabilities 2 989 009   2 995 919    3 040 716  
NOTE 1  
# Certain amounts have been regrouped for a more meaningful comparison with the June 2016 audited results.  
♦ The audited results for the year ended 30 June 2016 have been restated.  

NOTE 2

Intangible assets Carrying value
31 December
2016		   Amortisation
31 December
2016		   Amortisation
31 December
2015		  
Goodwill – AfroCentric Health 398 122   –   –  
Goodwill – WAD acquisition 473 954   –   –  
Customer relationships – WAD acquisition 76 808   (4 474)   (16 824)  
AfroCentric Health intangible assets 491 289   (37 661)   (33 892)  
AfroCentric Health intangible PPA 25 931   (2 916)   (7 059)  
AfroCentric Health intangible Software 369 214   (24 298)   (18 485)  
Insurance Fraud Manager (Fraud Management Software) 96 144   (10 447)   (8 348)  
  1 440 173   (42 135)   (50 716)