Umsobomvu Youth Fund Annual Report 2006 - Nyda

GROUPCOMPANY2006 2005 2006 2005(Restated)(Restated)Notes Rand Rand Rand Randbalancesheetat 31 March 2006AssetsNon-current assets 106 519 180 64 313 537 105 635 189 64 313 537Property, plant and equipment 5 13 571 345 9 277 962 12 488 876 9 277 962Intangible assets 6 3 829 748 2 050 923 3 829 748 2 050 923Goodwill 7 2 971 000 – – –Loan debtors 8 21 018 717 8 998 947 24 188 195 8 998 947Investment in associates 9 65 128 370 43 985 705 65 128 370 43 985 705Investment in subsidiary 10 – – – –Current assets 679 433 912 851 383 397 679 382 598 851 383 397Short-term portion of loan debtors 8 13 994 469 10 478 743 14 944 521 10 478 743Trade and other receivables 11 4 289 787 1 502 257 3 905 590 1 502 257Bank balance and cash 12 40 338 189 31 264 521 39 721 020 31 264 521Cash on call 13 620 811 467 808 137 876 620 811 467 808 137 876Total assets 785 953 092 915 696 934 785 017 787 915 696 934Reserves and liabilitiesReservesAccumulated reserves 376 909 328 369 731 112 376 909 273 369 731 112Outside shareholders’ interest (105 526) – – –Total reserves 376 803 802 369 731 112 376 909 273 369 731 112Non-current liabilities 366 306 578 524 398 425 366 306 578 524 398 425Committed funds 242 050 119 280 306 690 242 050 119 280 306 690Uncommitted funds – restricted 124 256 459 74 623 454 124 256 459 74 623 454Uncommitted funds – unrestricted – 169 468 281 – 169 468 281Deferred grant income 14 366 306 578 524 398 425 366 306 578 524 398 425Current liabilities 42 842 712 21 567 397 41 801 936 21 567 397Outside shareholders’ loans 15 550 000 – – –Accounts payable and accruals 16 28 870 054 12 699 520 28 379 278 12 699 520Provisions 17 8 863 765 6 545 815 8 863 765 6 545 815Deferred income 18 4 558 893 2 322 062 4 558 893 2 322 062Total equity and liabilities 785 953 092 915 696 934 785 017 787 915 696 934Umsobomvu Youth Fund 2006 Financial Statements47