Notes to consolidated financial statements l Note 13

          2017
R'000 
    2016 
R'000 
 
13  OTHER RESERVES                    
  Foreign currency translation reserve arising on consolidation          (71 588)     164 431   
  Accumulated actuarial gains in Assore pension fund          82 955      55 996   
  – Balance at beginning of year          55 996      52 236   
  – Net actuarial gains per statement of comprehensive income          26 959      3 760   
  – Actuarial gains for the year          37 443      5 223   
  Less: Deferred taxation thereon (refer note 14)         (10 484)     (1 463)  
  After tax fair value adjustment arising on the revaluation of available-for-sale listed?investments at year-end:          65 066      26 815   
  Gross fair value adjustment (refer note 4)         80 538      31 246   
  Less: Deferred capital gains taxation          (15 472)     (4 431)  
                     
            76 433      247 242   
                     

Notes to consolidated financial statements l Note 13