2011 | 2010 | ||
---|---|---|---|
R000 | R000 | ||
2. |
Available-for-sale investments |
||
Listed at market value | |||
Balance at beginning of year | 602 851 | 415 066 | |
Purchases at cost | 42 062 | 20 690 | |
Fair value adjustment for the year | 242 336 | 167 095 | |
Balance at end of year | 887 249 | 602 851 | |
Unlisted at cost and directors valuation | 125 | 125 | |
Per statement of financial position | 887 374 | 602 976 | |
Listed at cost | 358 417 | 316 355 | |
Fair value adjustment transferred to other reserves (refer note 5) | 528 832 | 286 496 | |
As above | 887 249 | 602 851 | |