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Notes to the company annual financial statements |
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for the year ended 30 September 2008 |
| |
|
| |
| |
|
|
2008 |
2007 |
2006 |
| |
|
|
Rm |
Rm |
Rm |
| 9. |
Share capital and premium |
|
|
|
|
| |
Authorised share capital |
|
|
|
|
| |
500 000 6% non-redeemable cumulative preference shares |
|
|
|
|
| |
of R2 each |
|
1 |
1 |
1 |
| |
300 000 000 ordinary shares of 5 cents each |
|
15 |
15 |
15 |
| |
|
|
16 |
16 |
16 |
| |
Issued share capital |
|
|
|
|
| |
375 000 6% non-redeemable cumulative preference shares |
|
|
|
|
| |
of R2 each (2007: 375 000, 2006: 375 000) |
|
1 |
1 |
1 |
| |
226 878 609 ordinary shares of 5 cents each (2007: 203 843 388, |
|
|
|
|
| |
2006: 200 715 557) |
|
11 |
10 |
10 |
| |
|
|
12 |
11 |
11 |
| |
Share premium: |
|
28 |
|
104 |
| |
Balance at beginning of year |
|
|
104 |
1 421 |
| |
Premium on share issues |
|
23 |
139 |
90 |
| |
Premium on non-executive directors’ trust BEE share issues |
|
9 |
|
|
| |
BEE equity expenses |
|
(3) |
|
|
| |
Premium utilised for payment of distribution |
|
|
(226) |
|
| |
Premium utilised for Coatings unbundling |
|
(1) |
|
|
| |
Premium utilised for PPC unbundling |
|
|
(17) |
|
| |
Cancellation of treasury shares |
|
|
|
(247) |
| |
Cost of share buyback |
|
|
|
(1 160) |
| |
|
|
|
|
|
| |
Total issued share capital and premium |
|
40 |
11 |
115 |
| |
For further information refer to note 13 in the consolidated |
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|
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financial statements. |
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|
Review of operations 
