| NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 13 |
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2014
Rm |
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2013
Rm |
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2012
Rm |
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| 13. |
SHARE CAPITAL AND PREMIUM |
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Authorised share capital |
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500 000 6% non-redeemable cumulative preference shares of R2 each |
1 |
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1 |
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1 |
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400 000 000 (2013: 400 000 000; 2012: 400 000 000) ordinary shares of 5 cents each |
20 |
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20 |
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20 |
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21 |
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21 |
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21 |
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Issued share capital |
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375 000 6% non-redeemable cumulative preference shares of R2 each (2013: 375 000; 2012: 375 000) |
1 |
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1 |
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1 |
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231 291 819 ordinary shares of 5 cents each (2013: 231 291 819; 2012: 231 011 981) |
12 |
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12 |
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12 |
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13 |
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13 |
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13 |
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Share premium: |
303 |
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303 |
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296 |
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Balance at beginning of year |
303 |
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296 |
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291 |
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Premium on share issues |
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7 |
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5 |
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Total issued share capital and premium |
316 |
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316 |
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309 |
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Issued shares: |
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Total number of shares in issue at beginning of year excluding BEE shares |
212 584 553 |
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212 304 715 |
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212 171 078 |
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Issued during the year: |
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Share options exercised |
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279 838 |
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133 637 |
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Total number of ordinary shares in issue at end of year, excluding BEE shares |
212 584 553 |
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212 584 553 |
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212 304 715 |
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Other shares issued in respect of BEE transaction |
18 707 266 |
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18 707 266 |
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18 707 266 |
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Total number of ordinary shares in issue at end of year, including BEE shares |
231 291 819 |
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231 291 819 |
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231 011 981 |
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Treasury shares |
(4 994 238) |
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(5 456 647) |
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(5 938 990) |
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Net number of ordinary shares in issue at end of year |
226 297 581 |
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225 835 172 |
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225 072 991 |
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Unissued shares: |
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Ordinary shares reserved to meet the requirements of the Barloworld Share Option Scheme (note 1 below) |
23 129 182 |
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23 129 182 |
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23 101 198 |
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Ordinary shares |
145 578 999 |
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145 578 999 |
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145 886 821 |
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168 708 181 |
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168 708 181 |
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168 988 019 |
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6% non-redeemable cumulative preference shares |
125 000 |
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125 000 |
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125 000 |
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Notes:
1. The members at the general meeting on 20 January 2005 reserved shares for the purposes of the Barloworld Share Option Scheme.
2. The directors have a general authority to buy back up to 5% of the ordinary shares issued by the company.
3. Refer to for detail about the Barloworld share incentive schemes and share-based payments disclosure. |
| NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 13 |
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