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Notes to the consolidated financial statements

for the year ended 30 June 2008
 
Spacer    
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  
 
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