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FINANCIALS

STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE
18 MONTHS ENDED 31 DECEMBER 2001
 
NON-DISTRIBUTABLE RESERVES
SHARE 
CAPITAL 		 SHARE 
PREMIUM 		 REVAL- 
UATION 
RESERVE 		 FOREIGN 
CURRENCY 
TRANSLATION 
RESERVE 		 UNRECOG- 
NISED 
LOSS ON 
DERIVATIVE 
INSTRUMENTS 		 RETAINED 
INCOME OF 
ASSOCIATES 		 RETAINED 
INCOME 		 TOTAL 
R'000 R'000 R'000 R'000 R'000 R'000 R'000 R'000
GROUP
BALANCE AT 30 JUNE 1999 764 163 757 50 555  78 870  -   1 580  1 122 736  1 418 262 
UNREALISED (LOSSES)/GAINS NOT
RECOGNISED IN THE INCOME STATEMENT		  
(48 132)		  
33 983 		  
(14 149)
  DECREASE IN CARRYING VALUE OF LAND
  AND BUILDINGS ON REVALUATION
    AS PREVIOUSLY STATED (29 023) -   (29 023)
    CHANGE IN ACCOUNTING POLICY
    (REFER NOTE 2.2)		  
(19 109)		  
-  		  
(19 109)
  CURRENCY TRANSLATION DIFFERENCES -   33 983  33 983 
TRANSFERS BETWEEN RESERVES (364) (429) 793  -  
  REALISED SURPLUS ON DISPOSAL
  OF PROPERTY		  
(364)		  
-		  
364 		  
-  
  RESERVES OF ASSOCIATE COMPANIES
  DISPOSED OF		  
-  		  
(429)		  
429 		  
-  
GOODWILL ON ACQUISITION OF
SUBSIDIARY COMPANIES WRITTEN OFF		  
(3 602)		  
(3 602)
NET LOSS FOR THE YEAR (87 590) (87 590)
BALANCE AT 30 JUNE 2000 764 163 757 2 059  112 853  -   1 151  1 032 337  1 312 921 
CUMULATIVE EFFECT OF CHANGE IN
ACCOUNTING POLICY
  UNRECOGNISED LOSS ON DERIVATIVE
  INSTRUMENTS (REFER NOTE 15)		  
 
 
(21 936)		  
 
 
(21 936)
RESTATED BALANCE AT 30 JUNE 2000 764 163 757 2 059  112 853  (21 936) 1 151  1 032 337  1 290 985 
UNREALISED (LOSSES)/GAINS
NOT RECOGNISED IN THE INCOME STATEMENT		  
 
(1 664)		  
 
275 523 		  
 
273 859 
  DECREASE IN CARRYING VALUE OF LAND
  AND BUILDINGS ON REVALUATION		  
(1 664)		  
-  		  
(1 664)
CURRENCY TRANSLATION DIFFERENCES - 275 523  275 523 
TRANSFERS BETWEEN RESERVES
  RESERVES OF ASSOCIATE
  COMPANIES DISPOSED OF		  
 
(837)		  
 
837 		  
 
-  
LOSS INCLUDED IN REVALUATION RESERVE
INCLUDED IN EARNINGS		  
2 164 		  
2 164 
NET CHANGE IN UNRECOGNISED LOSS ON
DERIVATIVE INSTRUMENTS (REFER NOTE 15)		  
(48 076)		  
(48 076)
NET INCOME FOR THE PERIOD 804 968  804 968 
BALANCE AT 31 DECEMBER 2001 764 163 757 2 559  388 376  (70 012) 314  1 838 142  2 323 900 

 

NON-DISTRIBUTABLE RESERVES
MARKED TO MARKET
ADJUSTMENT 
SHARE  SHARE  REVAL- 
UATION 		 SURPLUS ON 
DISPOSAL OF 		 ON  PREFERENCE  RETAINED 
CAPITAL  PREMIUM  RESERVE  BUSINESSES  SHARES  INCOME  TOTAL 
R'000  R'000  R'000  R'000  R'000  R'000  R'000 
COMPANY
BALANCE AT 30 JUNE 1999 764  163 757  264 628  787  -   62 891  492 827 
NET LOSS NOT RECOGNISED IN THE INCOME STATEMENT
    LOSS ON REVALUATION OF SUBSIDIARIES (76 234) (76 234)
NET INCOME FOR THE YEAR 217 077  217 077 
BALANCE AT 30 JUNE 2000 764  163 757  188 394  787  -   279 968  633 670 
TRANSFER BETWEEN RESERVES (REFER NOTE 6.1) 211 000  (211 000) -  
EFFECT OF CHANGE IN ACCOUNTING POLICY (REFER NOTE 6.1) (399 394) (399 394)
RESTATED BALANCE AT 30 JUNE 2000 764  163 757  -  787  -   68 968  234 276 
MARKED TO MARKET ADJUSTMENT ON
PREFERENCE SHARES - PRIOR YEAR (REFER NOTE 6.2) 241 178  241 178 
CURRENT PERIOD 155 477  155 477 
TRANSFER FROM NON-DISTRIBUTABLE RESERVE (787) 787  -  
NET INCOME FOR THE PERIOD 108 534  108 534 
BALANCE AT 31 DECEMBER 2001 764  163 757  -   -   396 655  178 289  739 465 

 
 
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