South African rand amounts have been translated to U.S. dollars at the exchange rate of R10.4675 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of December 31, 2013. The U.S. dollar figures may not compute as they are rounded independently.
MiX TELEMATICS LIMITED | |||||||||||||||||
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | |||||||||||||||||
South African rand | United States dollar | ||||||||||||||||
Figures are in thousands unless otherwise stated |
December 31,
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March 31,
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December 31,
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March 31,
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Unaudited | Audited | Unaudited | Audited | ||||||||||||||
ASSETS | |||||||||||||||||
Non-current assets | |||||||||||||||||
Property, plant and equipment | 126,339 | 96,547 | 12,070 | 9,224 | |||||||||||||
Intangible assets | 679,707 | 645,736 | 64,935 | 61,690 | |||||||||||||
Finance lease receivable | 7,712 | 6,359 | 737 | 607 | |||||||||||||
Deferred tax assets | 20,524 | 13,868 | 1,961 | 1,324 | |||||||||||||
Total non-current assets | 834,282 | 762,510 | 79,703 | 72,845 | |||||||||||||
Current assets | |||||||||||||||||
Inventory | 59,104 | 38,927 | 5,646 | 3,719 | |||||||||||||
Trade and other receivables | 217,469 | 186,987 | 20,776 | 17,863 | |||||||||||||
Finance lease receivable | 6,915 | 3,604 | 660 | 343 | |||||||||||||
Taxation | 50 | 4,823 | 5 | 460 | |||||||||||||
Restricted cash | 10,863 | 8,235 | 1,038 | 787 | |||||||||||||
Cash and cash equivalents | 792,576 | 147,702 | 75,718 | 14,111 | |||||||||||||
Total current assets | 1,086,977 | 390,278 | 103,843 | 37,283 | |||||||||||||
Total assets | 1,921,259 | 1,152,788 | 183,546 | 110,128 | |||||||||||||
EQUITY | |||||||||||||||||
Stated capital | 1,417,414 | 790,491 | 135,411 | 75,519 | |||||||||||||
Other reserves | (63,150 | ) | (111,362 | ) | (6,033 | ) | (10,640 | ) | |||||||||
Retained earnings | 250,340 | 188,750 | 23,916 | 18,031 | |||||||||||||
Equity attributable to shareholders of the parent | 1,604,604 | 867,879 | 153,294 | 82,910 | |||||||||||||
Non-controlling interest | (5 | ) | (5 | ) | * | * | |||||||||||
Total equity | 1,604,599 | 867,874 | 153,294 | 82,910 | |||||||||||||
LIABILITIES | |||||||||||||||||
Non-current liabilities | |||||||||||||||||
Borrowings | 2,778 | - | 265 | - | |||||||||||||
Deferred tax liabilities | 21,138 | 8,605 | 2,019 | 822 | |||||||||||||
Provisions | 3,048 | 283 | 291 | 27 | |||||||||||||
Total non-current liabilities | 26,964 | 8,888 | 2,575 | 849 | |||||||||||||
Current liabilities | |||||||||||||||||
Trade and other payables | 202,556 | 184,397 | 19,351 | 17,616 | |||||||||||||
Borrowings | 1,176 | 3,472 | 112 | 332 | |||||||||||||
Taxation | 10,232 | 10,691 | 978 | 1,021 | |||||||||||||
Provisions | 18,166 | 21,461 | 1,737 | 2,050 | |||||||||||||
Bank overdraft | 57,566 | 56,005 | 5,499 | 5,350 | |||||||||||||
Total current liabilities | 289,696 | 276,026 | 27,677 | 26,369 | |||||||||||||
Total liabilities | 316,660 | 284,914 | 30,252 | 27,218 | |||||||||||||
Total equity and liabilities | 1,921,259 | 1,152,788 | 183,546 | 110,128 | |||||||||||||