Statements of changes in equity
for the year ended 30 September 2017
| Download (EXCEL) |
| Non–distributable reserves | ||||||||||||
| (R'million) | Share capital and premium |
Share of net earnings of associates |
Other capital reserves |
4 | Cash flow hedge reserve |
Available– for–sale reserve |
Foreign currency translation reserve |
|||||
| GROUP | ||||||||||||
| Balance at 1 October 2015 | 148,5 | 1 760,2 | (3,9) | 15,4 | 63,4 | 809,0 | ||||||
| Profit for the year | – | – | – | – | – | – | ||||||
| Other comprehensive income/(loss) for the year2, 3 | – | – | – | (45,5) | 10,6 | (17,4) | ||||||
| Total comprehensive income | – | – | – | (45,5) | 10,6 | (17,4) | ||||||
| Disposal of subsidiary | – | – | – | – | – | – | ||||||
| Transfers between reserves | – | 454,3 | – | – | – | – | ||||||
| Share–based payments5 | – | – | – | – | – | – | ||||||
| Dividends on ordinary shares | – | – | – | – | – | – | ||||||
| Total dividends | – | – | – | – | – | – | ||||||
| Less: Dividends on empowerment shares | – | – | – | – | – | – | ||||||
| Sale of shares by empowerment entity1 | – | – | – | – | – | |||||||
| Balance at 30 September 2016 | 148,5 | 2 214,5 | (3,9) | (30,1) | 74,0 | 791,6 | ||||||
| Profit for the year | – | – | – | – | – | – | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other comprehensive income/(loss) for the year2, 3 | – | – | – | 24,2 | 18,4 | (195,4) | ||||||
| Total comprehensive income | – | – | – | 24,2 | 18,4 | (195,4) | ||||||
| Disposal of subsidiary | – | – | – | – | – | – | ||||||
| Transfers between reserves | – | 146,7 | – | – | – | – | ||||||
| Share–based payment5 | – | – | – | – | – | – | ||||||
| Dividends on ordinary shares | – | – | – | – | – | – | ||||||
| Total dividends | – | – | – | – | – | – | ||||||
| Less: Dividends on empowerment shares | – | – | – | – | – | – | ||||||
| Reduction in non–controlling interest in empowerment shares | – | – | – | – | – | – | ||||||
| Sale of shares by empowerment entity1 | – | – | – | – | – | – | ||||||
| Balance at 30 September 2017 | 148,5 | 2 361,2 | (3,9) | (5,9) | 92,4 | 596,2 | ||||||
| Notes | 21 | 15 | ||||||||||
| (R'million) | Accumulated profits |
Shares held by subsidiary and empowerment entities |
Share–based payment reserve |
Total attributable to owners of the parent |
Non– controlling interests |
Total equity |
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| GROUP | ||||||||||||
| Balance at 1 October 2015 | 13 152,9 | (2 538,9) | 423,5 | 13 830,1 | (52,5) | 13 777,6 | ||||||
| Profit for the year | 3 305,6 | – | – | 3 305,6 | 16,1 | 3 321,7 | ||||||
| Other comprehensive income/(loss) for the year2, 3 | (0,9) | – | – | (53,2) | (33,7) | (86,9) | ||||||
| Total comprehensive income | 3 304,7 | – | – | 3 252,4 | (17,6) | 3 234,8 | ||||||
| Disposal of subsidiary | – | – | – | – | 587,6 | 587,6 | ||||||
| Transfers between reserves | (454,3) | – | – | – | – | – | ||||||
| Share–based payments5 | – | – | 65,0 | 65,0 | – | 65,0 | ||||||
| Dividends on ordinary shares | (1 629,9) | – | – | (1 629,9) | (19,7) | (1 649,6) | ||||||
| Total dividends | (1 777,7) | – | – | (1 777,7) | (19,7) | (1 797,4) | ||||||
| Less: Dividends on empowerment shares | 147,8 | – | – | 147,8 | – | 147,8 | ||||||
| Sale of shares by empowerment entity1 | – | 30,0 | – | 30,0 | (11,5) | 18,5 | ||||||
| Balance at 30 September 2016 | 14 373,4 | (2 508,9) | 488,5 | 15 547,6 | 486,3 | 16 033,9 | ||||||
| Profit for the year | 3 119,3 | – | – | 3 119,3 | 18,7 | 3 138,0 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other comprehensive income/(loss) for the year2, 3 | 58,7 | – | – | (94,1) | (10,8) | (104,9) | ||||||
| Total comprehensive income | 3 178,0 | – | – | 3 025,2 | 7,9 | 3 033,1 | ||||||
| Disposal of subsidiary | – | – | – | – | (188,9) | (188,9) | ||||||
| Transfers between reserves | (198,3) | – | 51,6 | – | – | – | ||||||
| Share–based payment5 | – | – | 19,9 | 19,9 | – | 19,9 | ||||||
| Dividends on ordinary shares | (1 808,6) | – | – | (1 808,6) | (16,6) | (1 825,2) | ||||||
| Total dividends | (1 968,1) | – | – | (1 968,1) | (16,6) | (1 984,7) | ||||||
| Less: Dividends on empowerment shares | 159,5 | – | – | 159,5 | – | 159,5 | ||||||
| Reduction in non–controlling interest in empowerment shares | – | – | – | – | (22,4) | (22,4) | ||||||
| Sale of shares by empowerment entity1 | – | 19,7 | – | 19,7 | (8,9) | 10,8 | ||||||
| Balance at 30 September 2017 | 15 544,5 | (2 489,2) | 560,0 | 16 803,8 | 257,4 | 17 061,2 | ||||||
| Notes | 22 | 28 |
| 1 | Relates to the exercising of options vested post the December 2014 lock-in period in terms of the Black Managers Participation Right Scheme (BMT). |
| 2 | During the current period, R110,7 million (2016: R99,1 million) of the foreign currency translation reserve relating to the disposal of subsidiaries, was reclassified to profit or loss. |
| 3 | The other comprehensive income for FCTR includes the amounts related to the associates of R86,2 million (2016: R127,7 million), of which R70,8 million (2016: R31,5 million) relates to Oceana. Refer to Annexure B for more detail. |
| 4 | Included in other capital reserves are the legal reserve transfers of the African subsidiaries due to statute in the respective foreign countries. |
| 5 | Included in the movement of the share-based payment are options exercised amounting to R77,8 million (2016: R5,9 million). |
| Non-distributable reserves | ||||||||||||||
| (R'million) | Share capital and premium |
Non- distribu- table reserves |
Other capital reserves |
Available- for-sale reserve |
Accumu- lated profits |
Share- based payment reserve |
Total attribu- table to owners of the parent | |||||||
| COMPANY | ||||||||||||||
| Balance at 1 October 2015 | 148,5 | 2 918,6 | 19,3 | 4,4 | 5 680,6 | 442,6 | 9 214,0 | |||||||
| Profit for the year | – | – | – | – | 2 405,4 | – | 2 405,4 | |||||||
| Other comprehensive loss for the year | – | – | – | (0,7) | – | – | (0,7) | |||||||
| Total comprehensive income | – | – | – | (0,7) | 2 405,4 | – | 2 404,7 | |||||||
| Share-based payment | – | – | – | – | 33,3 | 33,3 | ||||||||
| Dividends on ordinary shares | – | – | – | – | (1 831,0) | (1 831,0) | ||||||||
| Balance at 30 September 2016 | 148,5 | 2 918,6 | 19,3 | 3,7 | 6 255,0 | 475,9 | 9 821,0 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit for the year | – | – | – | – | 1 940,2 | – | 1 940,2 | |||||||
| Other comprehensive loss for the year | – | – | – | (1,1) | – | – | (1,1) | |||||||
| Total comprehensive income | – | – | – | (1,1) | 1 940,2 | – | 1 939,1 | |||||||
| Share-based payment | – | – | – | – | – | 35,1 | 35,1 | |||||||
| Dividends on ordinary shares | – | – | – | – | (2 030,3) | – | (2 030,3) | |||||||
| Balance at 30 September 2017 | 148,5 | 2 918,6 | 19,3 | 2,6 | 6 164,9 | 511,0 | 9 764,9 | |||||||