| NOTES TO THE FINANCIAL STATEMENTS l NOTE 15 |
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15. |
FOREIGN CURRENCY TRANSLATION RESERVE
The foreign currency translation reserve arose from the conversion of Hyprop Investments (Mauritius) from its functional currency, US Dollars, to South African Rand on
consolidation. Refer to .
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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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| Opening balance |
(6) |
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| Movement |
319 |
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| Closing balance |
319 |
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(6) |
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The closing exchange rate at 30 June 2013 was R9,87:USD 1
(31 December 2012: R8,49:USD 1)
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| NOTES TO THE FINANCIAL STATEMENTS l NOTE 15 |
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