2011 | 2010 | ||
---|---|---|---|
R'000 | R'000 | ||
12. |
Other reserves |
||
Foreign currency translation reserve arising on consolidation | 14 291 | 17 817 | |
After tax fair value adjustment arising on the revaluation of available-for-sale investments | 455 011 | 246 603 | |
Gross fair value adjustment at year-end (refer note 5) | 528 832 | 286 496 | |
Less: deferred capital gains taxation | (73 821) | (39 893) | |
469 302 | 264 420 | ||