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PPS
INTEGRATED REPORT 2018
96
Group
2018
2017
Note
R'000
R'000
ASSETS
Property and equipment
2
640 330
593 445
Investment property
3
408 540
381 869
Intangible asset
4
121 771
89 941
Deferred tax
17
144 279
107 022
Financial assets – Investments at fair value through profit or loss
5
42 988 508
41 188 646
Reinsurance assets
6,12,13
82 346
99 825
Insurance and other receivables
7
583 884
502 007
Current income tax asset
64 130
12 189
Cash and cash equivalents
8
2 554 907
3 016 661
TOTAL ASSETS
47 588 695
45 991 605
EQUITY AND LIABILITIES
Accumulated funds
9
299 188
323 663
Revaluation Reserve
10
49 543
48 609
Non-controlling interest
11
11 060
77 142
TOTAL EQUITY
359 791
449 414
LIABILITIES
Long-term insurance policy liabilities, including PPS Profit-Share
Accounts
12
31 114 654
31 389 041
Short-term insurance policy liabilities
13
21 808
28 879
Investment contract liabilities
14
2 045 946
1 876 916
Liabilities to outside unit trust holders
15
12 670 465
10 709 000
Borrowings
16
173 688
180 702
Deferred tax
17
57 462
373 415
Retirement benefit obligations
18
5 587
6 818
Employee related obligations
19
220 074
198 132
Insurance and other payables
20
915 762
777 757
Current income tax liabilities
3 458
1 531
TOTAL LIABILITIES
47 228 904
45 542 191
TOTAL EQUITY AND LIABILITIES
47 588 695
45 991 605
CONSOLIDATED
STATEMENT OF
FINANCIAL POSITION
as at 31 December 2018