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EXHIBIT 4 - DRAFT CONSOLIDATED STATEMENT OF FINANCIAL POSITION AT 31 MAY 20X8

$'000
Non-current assets
Property Plant and Equipment 451900
Goodwill 12100
464000
Current Assets
Inventories 28000
Receivables 62000
Cash 13000
Sundry Assets 53000
156000
Total assets 620000

Equity and Liabilities


Share Capital 50000
Retained Earnings 267555
Foreign Exchange Reserve -4665
302890
Non-controlling Interests 25110
328000
Non-current Liabilities
Borrowings 150000
Defined benefit pension obligation 78000
228000
Current liabilities 64000
Total Equity and Liabilities 620000

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