Annual financial statements
- Audit and risk committee report
- Approval of the financial statement
- Certificate by Company Secretary
- Independent Auditor’s report
- Directors’ report
- Consolidated statement of comprehensive income
- Consolidated statement of financial position
- Consolidated statement of changes in equity
- Consolidated statement of cash flows
- Notes to the consolidated financial statements
- Notes 1 - 10
- Notes 11 - 20
- Notes 21 - 30
- Notes 31 - 34
- Abbreviations
- Definitions
Abbreviations
| The following abbreviations are used in the financial statements | |
| Company names | |
| Clover Beverages Limited: | Clover Beverages |
| Clover Botswana (Pty) Limited (incorporated in Botswana): | Clover Botswana |
| Clover Capital (Pty) Limited: | Clover Capital |
| Clover Fonterra Ingredients (Pty) Limited: | CFI/Clover Fonterra |
| Clover Industries Limited: | CIL |
| Clover Industries Limited and subsidiaries: | The Group/Clover |
| Clover Manhattan (Pty) Limited: | Clover Manhattan |
| Clover Manhattan Unincorporated Joint Venture: | Clover Manhattan J.V. |
| Clover S.A. (Pty) Limited: | Clover SA |
| Clover Swaziland (Pty) Limited (incorporated in Swaziland): | Clover Swaziland |
| Danone Southern Africa (Pty) Limited (formerly Danone Clover (Pty) Limited): | Danone Clover/Danone SA |
| Fonterra Limited: | Fonterra |
| The Real Beverage Company (Pty) Limited: | RBC |
| Clover West Africa Limited: | Clover West Africa |
| Clover Dairy (Namibia) (Pty) Limited: | Clover Namibia |
| Clover Waters (Pty) Limited: | Clover Waters |
| Clover MilkyWay (Pty) Limited: | Clover Milkyway |
| Clover Futurelife (Pty) Limited: | Clover Futurelife |
| Clover Frankies (Pty) Limited: | Clover Frankies |
| Clover Good Hope (Pty) Limited: | Clover Good Hope |
| Clover Pride (Pty) Limited | Clover Pride |
| Dairy Farmers of South Africa (Pty) Limited | DFSA |
| The following abbreviations are used in the financial statements | |
| Other | |
| Branded Consumer Goods: | BCG |
| Broad-based Black Economic Empowerment: | B-BBEE |
| Capital Gains Tax: | CGT |
| Department of Trade and Industry: | DTI |
| Depreciated Replacement Cost: | DRC |
| Discounted cash flow: | DCF |
| Essentials of Management and Leadership: | EML |
| Further Education and Training: | FET |
| Further Education and Training Certificate: | FETC |
| Good Manufacturing Practices: | GMP |
| Hazard Analysis Critical Control Points: | HACCP |
| International Accounting Standards: | IAS |
| International Organisation for Standardisation: | ISO |
| International Financial Reporting Standards: | IFRS |
| Johannesburg Stock Exchange: | JSE |
| Margin on Material: | MOM |
| Net asset value: | NAV |
| Net Current Replacement Cost: | NCRC |
| Nomination Committee: | Nomco |
| Property, plant and equipment: | PP&E |
| Quality Council for Trade and Occupations: | QCTO |
| Rand Merchant Bank: | RMB |
| Remuneration Committee: | Remco |
| Share appreciation rights: | SAR |
| Supplier Ethical Data Exchange: | SEDEX |
