Notes to the Consolidated and Separate Annual Financial Statements | Note 38

38. Dividends declared and paid
 
   Group  Company 
   2023 
R '000 		 2022 
R '000 		 2023 
R '000 		 2022 
R '000 
Final dividend – prior year (324,887) (549,808) (324,887) (549,808)
Interim dividend – current year (499,825) (299,895) (499,825) (299,895)
Total dividends declared for the year (824,712) (849,703) (824,712) (849,703)

The dividend declared is calculated based on the number of ordinary shares in issue at the declaration date. Dividends are paid out of income reserves.