| |
|
2015 |
2014 |
| |
|
R’000 |
R’000 |
| |
|
|
|
4 |
INVESTMENTS |
|
|
| |
Available-for-sale listed investments |
|
|
| |
Listed – at market value |
|
|
| |
– balance at beginning of year |
377 988 |
178 430 |
| |
– purchases at cost |
– |
161 926 |
| |
– impairment of carrying value below cost |
(114 258) |
(26 327)# |
| |
– fair value adjustment at year-end |
(29 758) |
63 959# |
| |
Balance at end of year (refer below) |
233 972 |
377 988 |
| |
Made up as follows: |
|
|
| |
Listed investments – at cost |
179 182 |
293 440 |
| |
Cumulative fair value adjustment included in other reserves (refer note 13) |
54 790 |
84 548 |
| |
As above |
233 972 |
377 988 |
| |
|
|
|