| 2014 Rm |
2013 Rm |
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18. |
Share capital |
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| The authorised share capital of the holding company is R21 (2013: R21) million consisting of 844 008 000 (2013: 844 008 000) ordinary shares with a par value of 2.5 cents each. | |||
| During the year, 145 852 (2013: 339 603) treasury shares were sold, resulting in R8 (2013: R36) million being recognised within the statement of changes of equity as share premium. 8 927 124 (2013: 9 072 228) treasury shares to the value of R1 420 (2013: R1 424) million are expected to be sold before the end of 2016. 16 233 994 treasury shares bought in terms of a share buy back is held at the discretion of the Group. | |||
| The number of ordinary shares in issue outside the Group are calculated as follows: | |||
| Number of ordinary shares issued | 632.21 | 632.21 | |
| Treasury shares | (16.23) | (16.23) | |
| Morokotso Trust | (8.87) | (8.86) | |
| Share Incentive Trust | (0.06) | (0.21) | |
| Number of ordinary shares issued outside the Group | 607.05 | 606.91 | |
| Refer note 32 and consolidated statement of changes in equity for additional information. |