Integrated Annual Report 2011
Financial statements
Consolidated financial statements
- Approval of the annual financial
- Certificate by company secretary
- Independent auditors' report to the members of Assore Limited
- Directors' report
- Consolidated statement of financial position
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated statement of cash flow
- Consolidated statement of changes in equity
- Notes to the consolidated financial statements
Company financial statements
- Company statement of financial position
- Company income statement
- Company statement of comprehensive income
- Company statement of cash flow
- Company statement of changes in equity
- Notes to the company financial statements
Company statement of changes in equity
| 2011 | 2010 | |
| R’000 | R‘000 | |
| Share capital | ||
| Balance at beginning of year | 698 | 689 |
| Ordinary shares issued | – | 9 |
| Balance at end of year | 698 | 698 |
| Share premium | ||
| Balance at beginning of year | 264 092 | 30 358 |
| Arising on issue of ordinary shares | – | 233 734 |
| Balance at end of year | 264 092 | 264 092 |
| Other reserves | ||
| Balance at beginning of year | 246 603 | 102 901 |
| Other comprehensive income – after tax gain on revaluation of available-for-sale investment | 208 408 | 143 702 |
| Balance at end of year | 455 011 | 246 603 |
| Retained earnings | ||
| Balance at beginning of year | 1 582 091 | 1 014 529 |
| Profit for the year | 1 095 911 | 982 886 |
| Ordinary dividends declared during the year | ||
| Final dividend No 107 of 240 cents (2010: 200 cents) per share | ||
| – declared on 1 September 2010 | (335 057) | (275 717) |
| Interim dividend No 108 of 200 cents (2010: 100 cents) per share | ||
| – declared on 16 February 2011 | (279 214) | (139 607) |
| Balance at end of year | 2 063 731 | 1 582 091 |
| Share capital and reserves at year-end per statement of financial position | 2 783 532 | 2 093 484 |
