Notes to the consolidated financial statements |
for the year ended 30 June 2008 |
|
|
|
|
2008 |
|
2007 |
|
|
|
R’000 | |
R’000 |
11. |
OTHER RESERVES |
|
|
|
|
|
Foreign currency translation reserve arising on consolidation |
|
6 477 |
|
757 |
|
After tax fair value adjustment arising on the revaluation of available-for-sale investments |
|
351 638 |
|
169 644 |
|
|
|
|
|
|
|
Gross fair value adjustment at year-end (refer note 5) |
|
408 630 |
|
198 961 |
|
Less: Deferred capital gains taxation |
|
(56 992) |
|
(29 317) |
|
|
|
|
358 115 |
|
170 401 |
|
|