June

December

June

1999

1998

1998

$ '000

$ '000

$ '000

NET ASSETS EMPLOYED

FIXED ASSETS

1,504,607

1,413,378

1,297,309

INVESTMENTS

1,558,757

1,570,172

1,323,703

LONG TERM RECEIVABLES

175,615

100,525

85,391

CURRENT ASSETS:

Inventories

1,498,897

1,327,393

1,236,592

Receivables

2,070,120

1,860,194

1,767,723

Long term receivables -

current portion

48,306

23,924

33,658

Taxation recoverable

114,884

76,840

53,803

Cash and short term investments

2,693,430

2,302,262

2,139,485

6,425,637

5,590,613

5,231,261

CURRENT LIABILITIES:

Payables

3,329,328

3,259,422

2,859,127

Bank and short term loans

1,174,520

779,692

754,658

Long term liabilities -

current portion

166,379

162,101

110,480

Deposits

75,681

7,664

7,745

Taxation

146,146

74,660

140,129

4,892,054

4,283,539

3,872,139

NET CURRENT ASSETS

1,533,583

1,307,074

1,359,122

TRADE MARKS

2,000

2,000

2,000

DEFERRED EXPENDITURE

-

-

-

4,774,562

4,393,149

4,067,525

FINANCED BY

SHARE CAPITAL

180,491

180,491

150,370

CAPITAL RESERVE

1,831,459

1,806,872

1,684,337

RESERVE FUND

7,623

5,163

7,233

RETAINED EARNINGS

1,902,569

1,660,996

1,625,608

TRANSLATION GAINS

350,561

329,275

289,052

4,272,703

3,982,797

3,756,600

MINORITY INTEREST

115,478

116,535

89,123

DEFERRED LIABILITIES

-

13,673

-

LONG TERM LIABILITIES

386,381

280,144

221,802

4,774,562

4,393,149

4,067,525