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HomeGroup profileHighlightsCorporate informationGroup structure of operating companies Group at a glanceBoard of directorsChairman's review Review of operations Ore reserves and mineral resources Corporate governance reportBlack economic empowerment Sustainabiliy report Five-year summary >> Consolidated financial statements >> Company financial statements Notice to membersForm of proxy

Consolidated statement of changes in equity

  
   
     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