2011 2010
            R'000 R'000

5.

Investments

   
  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 242 336  167 095
  Balance at end of year (refer below) 887 249  602 851
  Other investments    
  – unlisted at market value 30 664  73 142
  – unlisted at cost and directors' valuation 125  125
            30 789  73 267
  Listed investments – at cost 358 417  316 355
  Cumulative fair value adjustment transferred to other reserves (refer note 12) 528 832  286 496
  As above 887 249  602 851