| Condensed Balance Sheet |
|
|
|
| |
As at |
As at |
|
| |
31 December |
31 December |
|
| |
2008 |
2007 |
|
| Rand thousands |
(Reviewed) |
(Audited) |
% Change |
| Assets |
|
|
|
| Property and equipment |
85,696 |
63,531 |
|
| Investments |
1,732,019 |
1,593,764 |
8.7 |
| Intangible assets |
131,156 |
113,127 |
|
| Retirement benefit fund surplus |
72,040 |
96,196 |
|
| Assets arising from reinsurance contracts |
540,847 |
481,928 |
|
| Other current assets |
1,781,443 |
1,469,359 |
21.2 |
| Cash and cash equivalents |
1,123,809 |
1,101,638 |
2.0 |
| Total assets |
5,467,010 |
4,919,543 |
11.1 |
| |
|
|
|
| Equity and liabilities |
|
|
|
| Shareholders’ equity |
1,853,462 |
1,900,130 |
(2.5) |
| Minority shareholders’ interest in subsidiaries |
3,362 |
2,090 |
|
| Employee retirement benefit obligations |
18,060 |
17,388 |
|
| Reinsurance commission |
26,106 |
35,263 |
|
| Deferred tax liabilities |
24,910 |
77,656 |
|
| Liabilities arising from insurance contracts |
2,191,087 |
1,893,070 |
15.7 |
| Other liabilities |
1,350,023 |
993,946 |
35.8 |
| Total equity and liabilities |
5,467,010 |
4,919,543 |
11.1 |
|
|
|
|
|
