2011	2010
			R'000	R'000
30.	Investment in joint-venture entity
	50% (2010: 50%) interest in Assmang Limited (Assmang), which is controlled jointly in terms of the shareholders’ agreement with African Rainbow Minerals Limited (ARM). The group financial statements include the following amounts relating to Assmang ,which were proportionately consolidated:
	Income statement
	Turnover		9 537 471	6 434 857
	Cost of sales		(5 008 510)	(4 160 472)
	Gross profit		4 528 961	2 274 385
	Other operating income		280 459	167 552
	Other operating expenses		(587 089)	(440 136)
	Income from investments		70 898	86 249
	Finance costs		(12 729)	(7 175)
	Profit before taxation and State’s share of profits		4 280 500	2 080 875
	Statement of financial position
	Property, plant, equipment and intangibles		7 570 914	6 035 177
	Other investments		–	45 107
	Other non-current financial assets		53 051	31 906
	Current assets		4 713 372	3 828 680
	Elimination of investment in joint-venture entity		(468 153)	(468 153)
	Current liabilities	– interest-bearing	2 359	3 612
		– non-interest-bearing	1 146 466	1 048 138
	Long-term borrowings – interest-bearing		–	2 733
	Deferred taxation		2 060 661	1 648 598
	Long-term provisions		203 884	194 534
	Distributable reserves		8 455 815	6 575 100
	Cash flows
	Cash retained from operating activities		2 413 202	763 043
	Cash utilised in investing activities		(1 822 294)	(1 443 045)
	Cash/(utilised in) generated by financing activities		(3 301)	1 444
	Cash resources		1 531 539	943 933
	Commitments
	Future capital expenditure:
	– contracted for		2 351 593	2 602 186
	– not contracted for		335 220	334 671
			2 686 813	2 936 857
	Contingent liabilities
	Contingent liabilities relating to the group’s interest in the joint venture are referred to in note 29.