| SHARE
CAPITAL | SHARE
PREMIUM | NON-
DISTRIBUTABLE
RESERVE | RETAINED
INCOME | TOTAL |
|  |
| R'000 | R'000 | R'000 | R'000 | R'000 |
| GROUP |
| Balance at 31 December 2002 | 1 513 | 65 024 | 535 870 | 219 742 | 822 149 |
| Share of decrease in non-distributable reserve of associate company | | | (62 018) | | (62 018) |
| Gain
on dilution of associate's interest in subsidiaries transferred to
non-distributable reserve | | | 37 271 | (37 271) | - |
| Loss
on dilution of interest in associate transferred to non-distributable reserve | | | (593) | 593 | - |
| Net loss for the year | | | | (46 517) | (46 517) |
|
| Balance at 31 December 2003 | 1 513 | 65 024 | 510 530 | 136 547 |
713 614 |
| Share of decrease in non-distributable reserve of associate company | | | (40 722) | | (40 722) |
| Gain on dilution of associate's interest in subsidiaries transferred | | | | | |
| to non-distributable reserve | | | 3 623 | (3 623) | - |
| Loss on dilution of interest in associate transferred to
non-distributable reserve | | | (147) | 147 | - |
| Net profit for the year | | | | 27 305 | 27 305 |
|
| Balance at 31 December 2004 | 1 513 | 65 024 | 473 284 | 160 376 | 700 197 |
| COMPANY |
| Balance at 31 December 2002 | 1 513 | 65 024 | 120 | 4 900 | 71 557 |
| Net loss for the year | | | | (638) | (638) |
|
| Balance at 31 December 2003 | 1 513 | 65 024 | 120 | 4 262 | 70 919 |
| Net profit for the year | | | | 7 841 | 7 841 |
|
| Balance at 31 December 2004 | 1 513 | 65 024 | 120 | 12 103 | 78 760 |
