- Statement of responsibility by board of directors
- Statement by the company secretary
- Audit and Risk Committee Report
- Report of the independent auditor
- Report of the board of directors
- Accounting policies
- Balance sheets
- Income statements
- Statements of changes in equity
- Cash flow statements
- Notes to the annual financial statements
- Annexure A – Principal subsidiary companies
- Annexure B – Principal investments
- Annexure C – Significant associated companies
- Annexure D – Information on business and geographical segments
Notes to the annual financial statements
FOR THE YEAR ENDED 31 MARCH 2009
| « Note 17 | Note 19 » |
| 18. | Reserves | |||
| 2009 | 2008 | |||
| R million | R million | |||
| 18.1 | Composition of reserves | |||
| The Company: | ||||
| Retained earnings | 159 | 2 255 | ||
| Subsidiary companies and joint ventures | 29 523 | 31 102 | ||
| Fair value reserve | 3 389 | 6 977 | ||
| Other reserves | 314 | 1 586 | ||
| Retained earnings | 25 820 | 22 539 | ||
| Associated companies: | ||||
| Equity reserves | 8 642 | 25 340 | ||
| 38 324 | 58 697 | |||
| Statutory non-distributable reserves included in | 11 | 518 | ||
| Other reserves | 11 | 11 | ||
| Equity reserves | – | 507 | ||
| 18.2 | Included in the respective reserves above are reserves arising on exchange rate translation | ||||||
| Other | Equity | Retained | 2009 | 2008 | |||
| reserves | reserves | earnings | Total | Total | |||
| R million | R million | R million | R million | R million | |||
| Balances at 1 April | 1 167 | 4 565 | 511 | 6 243 | 3 881 | ||
| Exchange rate adjustments during the year | (82) | (351) | (3) | (436) | 2 362 | ||
| Transfer of equity adjustment | (12) | 71 | (59) | – | – | ||
| Realised to the income statement | (1 050) | (4 285) | (507) | (5 842) | – | ||
| Balances at 31 March | 23 | – | (58) | (35) | 6 243 | ||