Sanlam Group statement of financial position

at 31 December 2010
 
R million Note  
2010
Restated
2009
Restated
2008
 
Assets
           
Property and equipment 1  
470
375 382  
Owner-occupied properties 2  
653
652 652  
Goodwill 3  
3 197
2 810 2 623  
Other intangible assets    
39
45  
Value of business acquired 4  
1 320
1 210 1 309  
Deferred acquisition costs 5  
2 270
2 140 1 970  
Long-term reinsurance assets 6  
588
499 506  
Investments 7  
310 091
288 278 268 530  
Properties 7.1  
17 362
15 757 15 981  
Investment properties    
16 744
15 043 15 190  
Straight-line rental adjustment    
618
714 791  
Equity-accounted investments 7.2  
3 626
1 964 1 317  
Equities and similar securities 7.3  
151 190
141 570 120 284  
Public sector stocks and loans 7.4  
57 347
49 905 50 531  
Debentures, insurance policies, preference shares and other loans 7.4  
31 586
30 075 33 133  
Cash, deposits and similar securities 7.4  
48 980
49 007 47 284  
Deferred tax 8  
932
626 815  
Short-term insurance technical assets 9  
1 560
2 064 2 250  
Working capital assets    
40 071
36 230 38 938  
Trade and other receivables 10  
27 883
24 250 28 872  
Cash, deposits and similar securities    
12 188
11 980 10 066  
             
Total assets
   
361 191
334 929 317 975  
Equity and liabilities
           
Capital and reserves            
Share capital and premium 11  
22
23 23  
Treasury shares    
(2 824)
(3 200) (4 142)  
Other reserves 12  
8 622
9 081 9 312  
Retained earnings    
25 958
23 740 22 067  
Shareholders’ fund
   
31 778
29 644 27 260  
Minority shareholders’ interest 14  
2 608
2 513 2 481  
Total equity
   
34 386
32 157 29 741  
Long-term policy liabilities 15  
265 695
246 330 229 564  
Insurance contracts    
132 985
124 107 121 175  
Investment contracts    
132 710
122 223 108 389  
Term finance 16  
6 766
6 916 6 763  
Margin business    
3 115
3 341 2 830  
Other interest-bearing liabilities    
3 651
3 575 3 933  
External investors in consolidated funds    
11 655
10 534 9 822  
Cell owners’ interest    
577
535 447  
Deferred tax 8  
1 178
763 440  
Short-term insurance technical provisions 9  
7 945
8 304 8 229  
Working capital liabilities    
32 989
29 390 32 969  
Trade and other payables 17  
30 422
25 842 29 325  
Provisions 18  
617
1 396 1 453  
Taxation  
1 950
2 152 2 191  
             
Total equity and liabilities
   
361 191
334 929 317 975