| |
|
2015
Rm |
|
2014
Rm |
|
| 24. |
FOREIGN CURRENCY TRANSLATION RESERVE |
|
|
|
|
|
The foreign currency translation reserve arises as a result of the company’s interest in GOZ.
The initial investment was made at a rate of R6.46:AUD1. The closing exchange rate at 30 June 2015
was R9.40:AUD1 (FY14: R9.96:AUD1). |
1 072 |
|
1 506 |
|
|
The translation reserve comprises all foreign currency differences arising from the translation of the
financial statements of foreign operation |
|
|
|
|