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 income statement
for the year ended 30 June 2011
| 2011 | 2010 | Note | R’000 | R’000 |
|---|---|---|---|
| Revenue | 8 | 1 156 285 | 584 614 |
| Income from investments | 1 156 285 | 584 614 | Discount on redemption of preference shares | 22 945 | – | Preference share redemption fee | 12 500 | Administrative expenses | (4 788) | (11 334) | Reversal of impairment of loan made to wholly owned subsidiary | – | 539 718 | Finance costs | (56 337) | (106 201) |
| Profit before taxation | 9 | 1 130 605 | 1 006 797 | Taxation | 10 | 34 694 | 24 010 |
| Profit for the year | 1 095 911 | 982 787 | |
| Dividends declared per share (cents) | 11 | 340 | 300 |
