Interim condensed consolidated statement of changes in equity
| Download (EXCEL) |
| R'million | Share capital and premium |
Non-distributable reserves |
Accumulated profits |
Shares held by subsidiary and empowerment entities |
| Balance at 1 October 2017 | 148,5 | 3 040,0 | 15 544,5 | (2 489,2) |
| Profit for the period | – | – | 1 406,5 | – |
| Other comprehensive loss | – | (710,4) | – | – |
| Total comprehensive (loss)/income | – | (710,4) | 1 406,5 | – |
| Disposal of subsidiary | – | (13,2) | – | – |
| Transfers between reserves | – | 341,2 | (352,7) | – |
| Share-based payment1 | – | – | – | – |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | – | (1 189,9) | – |
| Sale of empowerment shares2 | – | – | – | 26,2 |
| Repurchase of Tiger Brands shares | (6,5) | – | – | – |
| Balance at 31 March 2018 | 142,0 | 2 657,6 | 15 408,4 | (2 463,0) |
| Profit for the period | – | – | 994,6 | – |
| Other comprehensive income | – | 578,1 | 15,1 | – |
| Total comprehensive income | – | 578,1 | 1 009,7 | – |
| Disposal of subsidiary | – | – | – | – |
| Transfers between reserves | – | 196,9 | (197,6) | – |
| Share-based payment1 | – | – | – | – |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | – | (639,4) | – |
| Sale of empowerment shares2 | – | – | – | (2,1) |
| Repurchase of Tiger Brands shares | – | – | – | – |
| Balance at 30 September 2018 | 142,0 | 3 432,6 | 15 581,1 | (2 465,1) |
| Profit for the period | – | – | 1 431,3 | – |
| Other comprehensive loss | – | (126,2) | – | – |
| Total comprehensive (loss)/income | – | (126,2) | 1 431,3 | – |
| Disposal of subsidiary | – | – | – | – |
| Transfers between reserves3 | – | 26,4 | (21,0) | – |
| Share-based payment1 | – | – | – | – |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | – | (1 192,1) | – |
| Sale of empowerment shares2 | – | – | – | 1,5 |
| Disposal of investment in associate4 | – | (26,4) | – | – |
| Balance at 31 March 2019 | 142,0 | 3 306,4 | 15 799,3 | (2 463,6) |
| R'million | Share-based payment reserve |
Total attributable to owners of the parent |
Non-controlling interests |
Total equity |
|
| Balance at 1 October 2017 | 560,0 | 16 803,8 | 257,4 | 17 061,2 | |
|---|---|---|---|---|---|
| Profit for the period | – | 1 406,5 | 17,7 | 1 424,2 | |
| Other comprehensive loss | – | (710,4) | (6,9) | (717,3) | |
| Total comprehensive (loss)/income | – | 696,1 | 10,8 | 706,9 | |
| Disposal of subsidiary | – | (13,2) | (94,5) | (107,7) | |
| Transfers between reserves | 11,5 | – | – | – | |
| Share-based payment1 | (3,8) | (3,8) | – | (3,8) | |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | (1 189,9) | (3,8) | (1 193,7) | |
| Sale of empowerment shares2 | – | 26,2 | (13,4) | 12,8 | |
| Repurchase of Tiger Brands shares | – | (6,5) | – | (6,5) | |
| Balance at 31 March 2018 | 567,7 | 16 312,7 | 156,5 | 16 469,2 | |
| Profit for the period | – | 994,6 | 12,5 | 1 007,1 | |
| Other comprehensive income | – | 593,2 | 15,6 | 608,8 | |
| Total comprehensive income | – | 1 587,8 | 28,1 | 1 615,9 | |
| Disposal of subsidiary | – | – | – | – | |
| Transfers between reserves | 0,7 | – | – | – | |
| Share-based payment1 | 43,0 | 43,0 | – | 43,0 | |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | (639,4) | (15,9) | (655,3) | |
| Sale of empowerment shares2 | – | (2,1) | (5,5) | (7,6) | |
| Repurchase of Tiger Brands shares | – | – | – | – | |
| Balance at 30 September 2018 | 611,4 | 17 302,0 | 163,2 | 17 465,2 | |
| Profit for the period | – | 1 431,3 | 12,9 | 1 444,2 | |
| Other comprehensive loss | – | (126,2) | (7,1) | (133,3) | |
| Total comprehensive (loss)/income | – | 1 305,1 | 5,8 | 1 310,9 | |
| Disposal of subsidiary | – | – | – | – | |
| Transfers between reserves3 | (5,4) | – | – | – | |
| Share-based payment1 | 5,8 | 5,8 | – | 5,8 | |
| Dividends on ordinary shares (net of dividend on treasury shares) | – | (1 192,1) | (1,1) | (1 193,2) | |
| Sale of empowerment shares2 | – | 1,5 | – | 1,5 | |
| Disposal of investment in associate4 | – | (26,4) | – | (26,4) | |
| Balance at 31 March 2019 | 611,8 | 17 395,9 | 167,9 | 17 563,8 |
| 1 | Included in the movement of the share-based payment are options exercised amounting to R25,9 million (2018: R41,6 million). |
| 2 | Relates to the exercising of options vested post the December 2014 lock-in period in terms of the Black Managers Participation Right Scheme (BMT). In the current year, R1,5 million related to BMT I. |
| 3 | Transfer between reserves relate to the share of associates earnings and the exercised portion of IFRS 2. |
| 4 | Relates to release of the previously equity accounted FCTR on Oceana for the 8 000 000 Oceana shares sold to Brimstone. |