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STATEMENTS OF FINANCIAL POSITION
at 30 June 2015
Note
GROUP
June 2015
R000
GROUP
June 2014
R000
COMPANY
June 2015
R000
COMPANY
June 2014
R000
ASSETS
Non-current assets
27 395 984
24 931 191
25 825 108
22 484 674
Investment property
2
24 511 778
21 795 442
24 511 778
20 176 936
Development property
2
1 849 000
1 849 000
Straight-line rental income accrual
2
413 826
353 740
413 826
353 740
Building appurtenances and tenant installations
3
77 300
82 692
77 040
56 672
Investments in subsidiaries
4
769 332
15 348
Investments in sub-Saharan Africa (excluding SA)
2 339 121
812 459
Shareholder loans
10
2 258 125
812 459
Investment in joint ventures
6.2
80 996
Investment in associate
7
827
600
Other investment
8
^
^
Goodwill
9
4 280
Derivative instruments
19
53 132
32 978
53 132
32 978
Current assets
224 750
228 525
208 731
211 560
Loans receivable
10
53 757
47 486
67 450
47 674
Trade and other receivables
11
87 152
103 686
78 311
102 629
Cash and cash equivalents
12
83 841
77 353
62 970
61 257
Non-current assets classified as held for sale
1 235 062
1 758 991
1 235 062
2 517 255
Investment property
13
1 235 062
1 758 991
1 235 062
1 758 991
Investment in subsidiary
13
758 264
Total assets
28 855 796
26 918 707
27 268 901
25 213 489
EQUITY AND LIABILITIES
Equity and reserves
21 658 721
12 905 543
21 550 419
12 616 474
Stated capital
14
6 976 928
1 661
6 987 996
1 661
Retained income/(accumulated loss)
680 365
(7 619)
673 930
(7 035)
Non-distributable reserves
15
13 988 025
12 770 190
13 888 493
12 621 848
Foreign currency translation reserve
16
13 403
8 074
Equity and reserves attributable to Hyprop shareholders
(2014: unitholders)
21 658 721
12 772 306
21 550 419
12 616 474
Non-controlling interest (African Land)
133 237
Non-current liabilities
6 012 830
10 992 517
3 801 327
9 608 726
Debentures and debenture premium
17
5 719 119
5 730 187
Borrowings
18
5 919 909
5 185 822
3 726 838
3 792 566
Derivative instruments
19
40 123
41 829
21 691
39 811
Deferred taxation
20
52 798
45 747
52 798
46 162
Current liabilities
1 162 678
2 966 892
1 895 588
2 934 534
Trade and other payables
21
377 917
367 686
359 831
335 626
Borrowings
18
772 000
2 013 031
1 533 128
2 013 031
Taxation
10 132
298
Derivative instruments
19
2 629
2 629
Combined unitholders for distribution
585 877
585 877
Liabilities directly associated with non-current assets
held for sale
13
21 567
53 755
21 567
53 755
Total liabilities
7 197 075
14 013 164
5 718 482
12 597 015
Total equity and liabilities
28 855 796
26 918 707
27 268 901
25 213 489
Net asset value per share (2014: combined unit) (R)
89,04
76,02
88,59
75,42
Net tangible asset value per share (2014: combined unit) (R)
89,04
76,00
88,59
75,42
^ Amount less than R1 000
82
Hyprop Investments Limited
Integrated Report 2015
FINANCIAL STATEMENTS