Notes to the Company financial statements | Note 7
for the year ended 31 December 2010 |
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December |
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December |
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2010 |
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2009 |
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| 7. |
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ORDINARY SHARE CAPITAL |
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Authorised |
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2 500 000 000 |
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2 500 000 000 |
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Issued |
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1 884 529 317 |
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1 840 536 491 |
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On issue at 1 January |
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1 840 536 491 |
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1 868 010 304 |
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Issued for cash |
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Newshelf share buy-back |
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— |
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(243 500 011) |
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Shares issued – PIC |
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— |
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213 866 898 |
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Options exercised |
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528 062 |
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2 159 300 |
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MTN Zakhele transaction |
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43 445 564 |
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On issue at 31 December |
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1 884 510 117 |
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1 840 536 491 |
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Options – MTN Zakhele transaction** |
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(29 994 952) |
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— |
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On issue at 31 December – excluding MTN Zakhele transaction |
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1 854 515 165 |
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1 840 536 491 |
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December |
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December |
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2010 |
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2009 |
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Rm |
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Rm |
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Share capital |
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Balance at beginning of year |
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* |
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* |
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Additions |
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* |
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* |
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Balance at end of year |
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* |
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* |
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Share premium |
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Balance at beginning of year |
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44 297 |
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23 905 |
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Newshelf buy-back |
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— |
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20 356 |
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Options – MTN Zakhele transaction |
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1 294 |
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— |
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Options exercised |
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11 |
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36 |
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Balance at end of year |
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45 602 |
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44 297 |
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* Amounts less than R1 million. |
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** Due to the call option over the NVF shares, although legally issued to MTN Zakhele, are not deemed to be issued in terms of IFRS and is shown as such in the share capital reconciliation. |
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