SA rand       US dollar
2009 2010 Figures in million 2010 2009


Net gain/(loss) on financial instruments

(115) (3)   Impairment recognised in profit or loss (a) (12)
(1)   Loss on sale of investments (b)
14 11   Realised portion of fair value movement (b) 1 2
31   Fair value gain on environmental trust funds 4
(101) 38   Total net gain/(loss) on financial instruments 5 (10)
      (a) The impairment in both years relates to the portion of fair value losses reclassified from other reserves to the income statement when certain investments were considered to be permanently impaired. The amount in 2010 relates to several small investments, while the amount in 2009 relates to the Dioro Exploration NL (Dioro) investment.    
      (b) The group disposed of its entire shareholding in Avoca Resources Limited (Avoca), Alloy Resources Limited (Alloy) and various other smaller investments during the 2010 financial year for a total consideration of R50 million (US$6.6 million). Total fair value gains of R11 million (US$1 million) relating to these investments were reclassified from other reserves to the income statement. Refer to note 20 and 26 in this regard.    
        The amount in the 2009 financial year relates to the realised portion of the fair value gains reclassified from other reserves to the income statement on the disposal of the Dioro investment. Refer to note 20(b) and 26 for further detail.