| |
|
2009 |
|
2008 |
| |
|
R’000 |
|
R’000 |
| Share capital |
|
|
|
|
| Balance at beginning of year |
|
700 |
|
700 |
| Shares repurchased and cancelled during the year at par value |
|
(11) |
|
– |
| Balance at end of year |
|
689 |
|
700 |
| Share premium |
|
|
|
|
| Balance at beginning and end of year |
|
30 358 |
|
30 358 |
| Other reserves |
|
|
|
|
| Balance at beginning of year |
|
351 638 |
|
169 644 |
| Net (decrease)/increase in the market value of available-for-sale investments |
|
(270 143) |
|
232 019 |
| Profit on disposal of available-for-sale investments recognised in profit for the year |
|
(19 086) |
|
(22 350) |
| Deferred capital gains taxation provided on revaluation of available-for-sale |
|
|
|
|
| investments to market value |
|
40 492 |
|
(27 675) |
| Balance at end of year |
|
102 901 |
|
351 638 |
| Retained earnings |
|
|
|
|
| Balance at beginning of year |
|
497 864 |
|
390 038 |
| Profit for the year |
|
1 321 100 |
|
233 826 |
| Ordinary dividends declared during the year |
|
|
|
|
| Final dividend No 103 of 1 000 cents (2008: 200 cents) per share |
|
|
|
|
| – declared on 27 August 2008 |
|
(280 000) |
|
(56 000) |
| Interim dividend No 104 of 1 000 cents (2008: 250 cents) per share |
|
|
|
|
| – declared on 19 February 2009 |
|
(275 717) |
|
(70 000) |
| Shares repurchased and cancelled during the year |
|
(248 718) |
|
– |
| Balance at end of year |
|
1 014 529 |
|
497 864 |
| Share capital and reserves at year-end per balance sheet |
|
1 148 477 |
|
880 560 |