Notes to the company financial statements |
| for the year ended 30 June 2008 |
| |
 |
|
|
2008 |
|
2007 |
| |
|
|
R’000 |
|
R’000 |
2. |
AVAILABLE-FOR-SALE INVESTMENTS |
|
|
|
|
| |
Listed – at market value |
|
590 066 |
|
235 994 |
| |
|
|
|
|
|
| |
Balance at beginning of year |
|
235 994 |
|
169 625 |
| |
Purchases at cost |
|
149 083 |
|
– |
| |
Disposals at carrying value |
|
(4 681) |
|
(10 422) |
| |
Fair value adjustment |
|
209 669 |
|
76 791 |
| |
Unlisted – at cost and directors’ valuation |
|
125 |
|
125 |
| |
|
|
590 191 |
|
236 119 |
| |
Listed – at cost |
|
181 436 |
|
37 033 |
| |
Fair value adjustment transferred to other reserves (refer note 5) |
|
408 630 |
|
198 961 |
| |
As above |
|
590 066 |
|
235 994 |
|
| |
