Abridged Balance Statement*
for the year ended 31 March 2006

Guardrisk Life Limited

2006
2005
R'000
R'000
Assets
Non-current assets
935 518
813 363
Current assets
43 075
53 206
Total assets
978 593
866 569
Equity and liabilities
Capital and reserves
21 506
18 127
Interest of "L" ordinary shareholders and policyholders
46 289
39 510
Non-current liabilities
873 069
779 422
Current liabilities
37 729
29 510
Total equity and liabilities
978 593
866 569
Capital adequacy requirement (CAR)
12 301
21 219
CAR cover ratio (times)
5,5
2,7




* This financial information has been prepared on the statutory basis