|
|
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 |