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2011 |
2010 |
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R'000 |
R'000 |
3. |
Investment properties |
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Land and buildings |
|
|
| |
Carrying amount at beginning of year |
62 130 |
61 838 |
| |
Acquisitions |
– |
292 |
| |
Carrying amount at end of year |
62 130 |
62 130 |
| |
Estimated fair value |
152 025 |
152 025 |
| |
A register containing details of investment properties is available for
inspection during business hours at the registered address of the holding
company by shareholders or their duly authorised agents. |
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There is no depreciation charge for the year as the residual values are
either equal to, or exceed the carrying amounts. |
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