Notes to the company financial statements for the year ended 31 March 2006             2006  Rm  2005  Rm  7. Ordinary shareholders’ funds     Share capital (note 7.1) 5  5    Share premium (note 7.2) 878  1 193    Share option reserve (note 7.3) 187  191    Non-distributable reserves (note 7.4) 189  189    Retained earnings   917  121        2 176  1 699    7.1 Share capital         Share capital at par value comprises:               2006 2005       Number of shares Share capital at par Rand Number of shares Share capital at par Rand     Authorised             Ordinary shares of 1 cent each 600 000 000 6 000 000 600 000 000 6 000 000     Issued             Ordinary shares of 1 cent each             At 1 April 470 241 405 4 702 414 353 312 013 3 533 120     Issue of shares during the year:             Exercise of employee share options 3 125 955 31 260 2 129 392 21 294     VenFin group company in September 2004 — — 114 800 000 1 148 000     At 31 March 473 367 360 4 733 674 470 241 405 4 702 414       2006  Rm  2005  Rm    7.2 Share premium Opening balance 1 193  19      Movement during year:         Premium arising from share issues 1  1 174      Capital distribution (refer note 3) (316) —      Closing balance 878  1 193      For disclosure on share options, refer to note 56 in the group financial statements.       7.3 Share option reserve         Opening balance 191  —      Movement during year:         Premium reversal from the forfeit and lapse of share options previously granted (4) 191      Closing balance 187  191    7.4 Non-distributable reserves         Capital redemption cancellation reserve 2  2      Capital distribution reserve 161  161      Other reserves 26  26        189  189        back | next   |