Annual Financial Statements

celebrating 20 years Company statement of changes in equity

for the year ended 30 June 2018

    Non-distributable reserves      
  Share
capital
R'million
Hedging
reserve
R'million
Revaluation
surplus
reserve
R'million
Share-based
compensation
reserve
R'million
Retained
income
R'million
Total
R’million
Balance at 1 July 2016 3 205 147 69 13 835 17 256
Total comprehensive income (3) 1 659 1 656
   Profit for the year 1 659 1 659
   Other comprehensive losses (3) (3)
Issue of ordinary share capital – share schemes  20   –  –  –  –  20
Dividends paid (1 132) (1 132)
Share-based payment expenses 25 25
Revaluation on available-for-sale financial assets  –   –  (2)  –  –  (2)
Deferred incentive bonus shares exercised  –   –  –  (14)  –  (14)
Balance at 30 June 2017 3 225 144 (2) 80 14 362 17 809
Total comprehensive income (1) 1 929 1 928
   Profit for the year 1 929 1 929
   Other comprehensive losses (1) (1)
Dividends paid (1 311) (1 311)
Share-based payment expenses 27 27
Revaluation on available-for-sale financial assets      (9)      (9)
Deferred incentive bonus shares exercised        (13)    (13)
Balance at 30 June 2018 3 225 143 (11) 94 14 980 18 431