Lewis Group Ltd [logo]

notes to the annual financial statements
for the year ended 31 March 2007


           
      group  
      2007   2006  
        Rm   Rm  
9. Retained earnings
          
  Comprising:          
  Company   3.4   0.1  
  Consolidated subsidiaries   2 055.9   1 688.4  
        2 059.3   1 688.5  
  Distribution of all reserves by South African subsidiaries would give rise to STC of R226.1 million (2006: R189.2 million).          
  Distribution by certain foreign subsidiaries will give rise to withholding taxes of R23.9 million (2006: R20.4 million).          
  No provision for STC and withholding taxes are raised until dividends are declared.