2011 2010
    R’000 R‘000

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