2016 | 2015 | ||
R’000 | R’000 | ||
10 |
LONG-TERM BORROWINGS |
||
3 461 (2015: 3 461) unsecured redeemable preference shares of R100 000 each issued to the SBSA | |||
Unredeemed at beginning of year | 346 100 | 346 100 | |
Voluntary redemption of 3 461 shares on 27 June 2016 | (346 100) | | |
| 346 100 | ||
Dividends paid during the year were as follows: | |||
On 5 October 2015 (2015: 6 October 2014) | 11 111 | 11 304 | |
On 5 April 2016 (2015: 2 April 2015) | 11 639 | 11 023 | |
On 27 June 2016, upon voluntary redemption of the above 3 461 shares | 6 265 | | |
29 015 | 22 327 | ||