| Rand thousands | Note |
Reviewed at 30/06/06 |
Reviewed at 30/06/05 Restated |
Audited at 31/12/05 |
| Balance at beginning of year | 1,515,096 |
1,494,503 |
1,494,503 |
|
| Adoption of International Financial Reporting | ||||
| Standards and changes in | ||||
| accounting policies | – |
18,700 |
– |
|
| Net changes in available-for-sale financial | ||||
| assets on disposal | (11,720) |
(22,753) |
(162,863) |
|
| Revaluation of investments | 83,729 |
17,805 |
171,529 |
|
| Translation of foreign subsidiaries | (17,107) |
(9,100) |
(16,565) |
|
| Net profit for the year | 130,564 |
139,686 |
390,224 |
|
| Dividends paid | (73,077) |
(337,372) |
(361,732) |
|
| Balance at end of year | 1,627,485 |
1,301,469 |
1,515,096 |
Condendsed Statement of Changes in Equity