THE NELSON MANDELA FOUNDATION TRUST

(Registration number IT 9259/99)
Annual Financial Statements for the year ended 29 February 2016

Statement of financial position as at 29 February 2016

	Note(s)	2016 R	2015 R

Assets

Non-current assets
Investment property	3	4 675 000	-
Property, plant and equipment	4	24 123 801	24 315 640
Intangible assets	5	2 149 847	2 159 875
Other financial assets	6	238 983 253	228 749 829
		269 931 901	255 255 344
Current assets
Inventories	8	1 600 000	1 600 000
Trade and other receivables	9	2 326 793	1 937 346
Cash and cash equivalents	10	68 575 013	73 063 482
		72 501 806	76 600 828
Non-current assets held for sale	11	-	3 500 000
Total assets		342 433 707	335 326 172

Equity and liabilities

Equity
Contibution	12	1 000	1 000
Reserves		102 198 480	98 906 742
Accumulated surplus		200 182 366	198 851 020
		302 381 846	297 758 762

Liabilities

Non-current liabilities
Finance lease obligation	14	167 864	12 437
Deferred income	15	9 560 787	10 158 336
		9 728 651	10 170 773
Current liabilities
Current tax payable		3 217 851	5 362 673
Finance lease obligation	14	626 594	209 238
Trade and other payables	16	10 672 607	9 110 533
Deferred income	15	15 806 158	12 714 193
		30 323 210	27 396 637
Total liabilities		40 051 861	37 567 410
Total equity and liabilities		342 433 707	335 326 172