ArcelorMittal South Africa Annual Report 2009Group Company Notes 2009 Rm 2008 Rm 2009 Rm 2008 Rm ASSETS Non-current assets Property, plant and equipment 18 15 862 15 917 10 072 9 781 Intangible assets 19 72 71 51 48 Equity-accounted investments 20 2 369 1 968 617 84 Investments in subsidiaries 21 8 751 4 825 Other financial assets 22 187 203 150 203 Total non-current assets 18 490 18 159 19 641 14 941 Current assets Inventories 23 5 767 8 642 5 139 8 076 Trade and other receivables 24 2 096 2 031 1 644 1 765 Other financial assets 22 83 174 83 172 Cash and cash equivalents 4 348 8 429 4 222 8 121 Total current assets 12 294 19 276 11 088 18 134 Total assets 30 784 37 435 30 729 33 075EQUITY AND LIABILITIES Capital and reserves Stated capital 25 37 37 37 37 Non-distributable reserves (2 344) 1 503 (53) (200) Retained income 24 232 26 455 24 096 26 141 Total shareholders' equity 21 925 27 995 24 081 25 978 Non-current liabilities Borrowings and other payables 26 220 273 189 232 Finance lease obligations 27 557 314 420 168 Non-current provisions 28 1 420 1 661 1 399 1 652 Deferred income tax liability 29 2 435 2 526 1 044 993 Total non-current liabilities 4 632 4 774 3 052 3 045 Current liabilities Trade and other payables 30 3 496 3 384 2 892 2 893 Borrowings and other payables 26 153 100 143 90 Other financial liabilities 22 3 157 2 143 Finance lease obligations 27 57 40 47 31 Taxation 8 780 11 690 Current provisions 28 510 205 501 205 Total current liabilities 4 227 4 666 3 596 4 052 Total equity and liabilities 30 784 37 435 30 729 33 075 Group and company statements of financial position as at 31 December 2009