• Investment philosophy
• Group profile
• Group structure
• Salient features
• Share statistics
• Seven-year review
• Directorate
• Intrinsic net asset value
• Corporate governance

• Financial review
• Investment review

• Stakeholder relations
• Group ethics
• Safety and environment
• HIV/aids policy
• Employees
• Pandemics
• Employment equity
• BEE
• Social investment

• 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

• Company information
• Shareholders’ information
• Notice to shareholders
• Explanatory notes to the notice to shareholders
• Form of proxy

Notes to the annual financial statements

FOR THE YEAR ENDED 31 MARCH 2009

33.	Commitments
		2009	2008
		R million	R million
	Capital commitments	751	888
	Uncompleted contracts for capital expenditure	100	114
	Capital expenditure authorised but not yet contracted	173	161
	Investment liabilities	478	613
	Operating lease commitments	131	130
	Due within one year	43	39
	Due – two to five years	82	81
	Due thereafter	6	10
		882	1 018
	Above-mentioned commitments will be financed by internal sources and borrowed funds.