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Notes to the consolidated financial statements

for the year ended 30 June 2009   
           
        2009     2008  
        R’000     R’000  
11.  
OTHER RESERVES  
         
   Foreign currency translation reserve arising on consolidation     17 814     6 477  
     After tax fair value adjustment arising on the revaluation of available-for-sale investments     102 901     351 638  
   Gross fair value adjustment at year-end (refer to note 5   119 401     408 630  
   Less: deferred capital gains taxation     (16 500)    (56 992) 
           
        120 715     358 115