| CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2009 |
|||
| Rand thousands | Year ended 31 December 2009 Reviewed |
Year ended 31 December 2008 Audited |
% Change |
| Assets | |||
| Buildings, property and equipment | 127,719 |
85,696 |
|
| Intangibles | 19,781 |
8,749 |
|
| Investments | 1,912,749 |
1,732,018 |
|
| Loans and receivables | 867,468 |
1,704,062 |
|
| Employee benefit surplus | 47,703 |
72,040 |
|
| Reinsurance assets | 716,568 |
540,847 |
|
| Deferred taxation asset | 75,199 |
- |
|
| Deferred acquisition costs | 121,408 |
122,407 |
|
| Income tax asset | 114,050 |
77,381 |
|
| Cash and cash equivalents | 1,032,696 |
1,123,810 |
|
| Total assets | 5,035,341 |
5,467,010 |
(7.9) |
| Equity and liabilities | |||
| Total equity | 1,662,179 |
1,856,824 |
|
| Deferred taxation liability | - |
24,910 |
|
| Financial liabilities held at amortised cost | 320,375 |
258,107 |
|
| Employee benefit obligation | 31,272 |
34,519 |
|
| Insurance liabilities | 2,298,714 |
2,191,087 |
|
| Deferred reinsurance commission | 26,496 |
26,106 |
|
| Income tax liability | 8,386 |
10,586 |
|
| Trade and other payables | 687,919 |
1,064,871 |
|
| Total equity and liabilities | 5,035,341 |
5,467,010 |
(7.9) |