Notes to the Company financial statements

for the year ended 30 June

    R million   2014   2013  
  9.   SHARE CAPITAL AND PREMIUM      
    Authorised      
    150 000 000 (2013:150 000 000) ordinary shares of 8 cents each   12   12  
    100 000 000 (2013:100 000 000) variable rate cumulative redeemable preference shares of 1 cent each   1   1  
         
    Issued*      
    Share capital   9   9  
    Share premium   300   300  
      309   309  
    * The issued preference shares have been included in borrowings in note 10.      
         
    1 875 517 shares in the unissued share capital of the Company remain under the control of the directors as a specific authority in terms of section 38(1) of the Companies Act to allot and issue in accordance with the share option scheme. 10 780 000 shares were placed under the specific control of the directors to allot and issue in accordance with the EGP and BSMP.      
      2014   2013  
      Number  
of shares  
Rm   Number  
of shares  
Rm  
    Movement during the year          
    Balance at beginning of year   114 129 455   309   113 487 165   277  
    Exercised treasury share options   –   –   642 290   32  
    Statutory shares in issue at end of year   114 129 455   309   114 129 455   309