| |
|
2008 |
|
2007 |
| |
|
R’000 |
|
R’000 |
| Share capital |
|
|
|
|
| Balance at beginning and end of year |
|
700 |
|
700 |
| Share premium |
|
|
|
|
| Balance at beginning of year |
|
30 358 |
|
30 358 |
| Other reserves |
|
|
|
|
| Balance at beginning of year |
|
169 644 |
|
100 419 |
| Net increase in the market value of available-for-sale investments |
|
209 669 |
|
76 791 |
| Deferred capital gains taxation provided on revaluation of |
|
|
|
|
| available-for-sale investments to market value |
|
(27 675) |
|
(7 566) |
| Balance at end of year |
|
351 638 |
|
169 644 |
| Retained earnings |
|
|
|
|
| Balance at beginning of year |
|
390 038 |
|
316 768 |
| Profit per income statement |
|
233 826 |
|
157 270 |
| Ordinary dividends declared during the year |
|
|
|
|
| Final dividend No. 101 of 200 cents (2007: 150 cents) per share – declared on 29 August 2007 |
|
(56 000) |
|
(42 000) |
| Interim dividend No. 102 of 250 cents (2007: 150 cents) per share – declared on 18 February 2008 |
|
(70 000) |
|
(42 000) |
| Balance at end of year |
|
497 864 |
|
390 038 |
| Share capital and reserves at year-end per balance sheet |
|
880 560 |
|
590 740 |
