|
|
2016 |
2015 |
|
|
R’000 |
R’000 |
14 |
LONG-TERM BORROWINGS |
|
|
|
3 461 (2015: 3 461) unsecured redeemable preference shares of R100 000 each issued to the Standard Bank of South Africa Limited (SBSA) with dividends payable half-yearly at 75% of the prime lending rate published by 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 2 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 |
|
|
|
|