| NOTES TO THE FINANCIAL STATEMENTS l NOTE 14 |
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14. |
SHARE CAPITAL
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GROUP
JUNE 2013
R000 |
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GROUP
DECEMBER 2012
R000 |
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COMPANY
JUNE 2013
R000 |
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COMPANY
DECEMBER 2012
R000 |
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| Authorised |
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| 500 000 000 no par value ordinary shares (2012: 500 000 000) |
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| Issued |
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| 243 113 169 no par value ordinary shares (2012: 243 113 169) |
1 661 |
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1 661 |
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1 661 |
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1 661 |
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Each share is irrevocably linked to one debenture, together comprising one combined unit. Refer to .
On initial recognition the ‘fair value’ portion of the equity instrument is allocated to share capital. However, since 100% of the distribution attributable to the combined unit is
paid to unit holders as interest on debentures (no dividends are paid on the share component of the combined unit), the income stream attributable to the share is zero and
therefore no value is attributed to the share on initial recognition. |
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| NOTES TO THE FINANCIAL STATEMENTS l NOTE 14 |
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