| |
|
|
2016 |
2015 |
|
| |
|
|
R’000 |
R’000 |
|
12 |
PROFIT BEFORE TAXATION |
|
|
|
|
| |
Profit before taxation is stated after taking into account the following items of income and expenditure: |
|
|
|
|
| |
Income |
|
|
|
|
| |
Dividends received |
|
1 176 071 |
1 786 104 |
|
| |
Ordinary dividends |
|
|
|
|
| |
– joint-venture entity |
|
875 000 |
1 500 000 |
|
| |
– available-for-sale investments |
|
|
|
|
| |
|
– |
listed |
|
5 972 |
18 746 |
|
| |
|
– |
unlisted |
|
20 |
18 |
|
| |
Preference dividends received from empowerment entities |
|
295 079 |
267 340 |
|
| |
– Main Street 350 Proprietary Limited (RF) |
|
54 791 |
55 706 |
|
| |
– Main Street 904 Proprietary Limited (RF) |
|
240 288 |
211 634 |
|
| |
|
|
|
|
|
| |
Interest received |
|
64 870 |
59 224 |
|
| |
Expenditure |
|
|
|
|
| |
Directors’ remuneration |
|
59 542 |
63 866 |
|
| |
– directors’ fees |
|
2 341 |
1 938 |
|
| |
– other services paid by subsidiary companies |
|
57 201 |
61 928 |
|
| |
|
|
|
|
|