Company Balance Sheet

Company Income Statement

Company Statement of
Changes in Equity

Company Cash Flow Statement

Telecommunication

Financial and Risk Services

Statement of Responsibility
by the Board

Statement by the Secretary

Report of the Independent Auditors

Report of the Board of Directors

Accounting Policies

Income Statement

Statement of Changes in Equity

Cash Flow Statement

Information on business and geographical segmental

Analysis of Shareholders

Dates of Importance

Notice to Shareholders

Explanatory Notes

Corporate Mission

Investment Philosophy

Group Structure

Financial Highlights

Share Statistics

Five-year Review

Board Committees& Management

Chairman's Report

Report of the Financial Director

Corporate Governance

Sustainability Report

Corporate Information

Review of Investments

Financial Statements

Consolidated Statements

Company Statements

Statutory Information

H
E
L
P

P
R
I
N
T

T
H
I
S

P
A
G
E

H
O
M
E

R
E
T
U
R
N

T
O

T
O
P

E
N
L
A
R
G
E

F
O
N
T

Statement of changes in equity

FOR THE YEAR ENDED 30 JUNE 2005


	Issued	Other non-
	capital	distribu-	Distribu-
	and share	table	table
R million	premium	reserves	reserves	Total
30 June 2005
Balances at 1 July	34	22	4 921	4 977
Net profit for the year			198	198
Dividend paid			(157)	(157)
Balances at 30 June 2005	34	22	4 962	5 018

30 June 2004
Balances at 1 July	34	22	5 406	5 462
Shares repurchased	–		(753)	(753)
Net profit for the year			399	399
Dividend paid			(131)	(131)
Balances at 30 June 2004	34	22	4 921	4 977