Assore - FINAL RESULTS 2009
     

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

   
Year ended  
Year ended  
   
30 June 2009  
30 June 2008  
   
Reviewed  
Audited  
   
R’000  
R’000  
Share capital, share premium and other reserves 
Balance at beginning of year   
389 173  
201 459  
Par value of shares repurchased and cancelled   
(11) 
–  
Net (decrease)/increase in the market value of available-for-sale 
investments   
(289 229) 
209 669  
Deferred capital gains taxation on changes in market value 
of available-for-sale investments   
40 492  
(27 675) 
Foreign currency translation reserve arising on consolidation   
11 337  
5 720  
Balance at end of year   
151 762  
389 173  
Treasury shares 
Balance at beginning of year   
(2 341 725) 
(86 262) 
Treasury shares purchased during the year   
(31 503) 
(27 407) 
Treasury shares warehoused   
–   
(2 228 056) 
Cancellation of treasury shares 
– Value of shares cancelled, excluding par value   
248 718  
–  
– Costs of shares cancelled   
(775) 
–  
Balance at end of year   
(2 125 285) 
(2 341 725) 
Retained earnings 
Balance at beginning of year   
6 063 424  
3 115 510  
Attributable profit for the year   
3 241 452  
3 069 522  
Treasury shares repurchased and cancelled during the year   
(248 718) 
–  
Ordinary dividends declared during the year 
Nos. 103 and 104 aggregating R20,00 per share (2008: R4,50 per share)   
(479 406) 
(121 608) 
Balance at end of year   
8 576 752  
6 063 424  
Per balance sheet   
6 603 229  
4 110 872