Statement of changes in equity

»

Statement of changes in equity
for the year ended 31 December 2008

Note

Share
capital
R’000

Share
premium
R’000

Revaluation
reserve
R’000

Share-based
payment
reserve
R’000

Translation
reserve
R’000

Statutory
contingency
reserve
R’000

Retained
profit
R’000

Total
attributable
to equity
holders of
the Company
R’000

Minority
interest in
subsidiaries
R’000

Total
R’000

Group
Balance at 31 December 2006 as previously stated

3,045

1,605

434,474

–

(84,336)

313,643

1,090,502

1,758,933

13,043

1,771,976

Transfer to share-based payment reserve

–

145,227

–

(145,227)

–

Restated balance at 31 December 2006

3,045

1,605

434,474

–

145,227

(84,336)

313,643

945,275

1,758,933

13,043

1,771,976

Net gains in available-for-sale financial assets transferred to income on disposal

–

(87,880)

–

(87,880)

–

(87,880)

Revaluation of available-for-sale financial assets

–

55,609

–

55,609

–

55,609

Deferred tax adjustment resulting from revaluations

–

(11,591)

–

(11,591)

–

(11,591)

Translation of foreign subsidiaries

–

(21,907)

–

45,661

–

(34,400)

(10,646)

(12,125)

(22,771)

Transfer to/(from) statutory contingency reserve

–

47,545

(47,545)

–

Net profit for the year

–

289,860

1,172

291,032

Dividends paid

–

(94,155)

–

(94,155)

Balance at 31 December 2007

3,045

1,605

368,705

–

145,227

(38,675)

361,188

1,059,035

1,900,130

2,090

1,902,220

Net gains in available-for-sale financial assets transferred to income on disposal

–

(98,342)

–

(98,342)

–

(98,342)

Deferred tax on disposal

–

10,066

–

10,066

–

10,066

Revaluation of available-for-sale financial assets

–

(135,900)

–

(135,900)

–

(135,900)

Impairment losses transferred to income statement

–

21,050

–

21,050

–

21,050

Deferred tax adjustment resulting from revaluation

–

26,694

–

26,694

–

26,694

Transfer to/(from) statutory contingency reserve

–

63,871

(63,871)

–

Translation of foreign subsidiaries

–

8,767

–

15,912

–

(20,115)

4,564

–

4,564

Gain in subsidiary on share buy-back

–

405

Minority interest in subsidiaries

–

867

Profit for the year

–

210,457

–

210,457

Dividends paid

–

(85,257)

–

(85,257)

Balance at 31 December 2008

3,045

1,605

201,040

–

145,227

(22,763)

425,059

1,100,249

1,853,462

3,362

1,856,824

	Note	Share capital R’000	Share premium R’000	Revaluation reserve R’000	Share-based payment reserve R’000	Statutory contingency reserve R’000	Retained profit R’000	Total R’000
Company Balance at 31 December 2006 as previously stated		3,045	1,605	420,880	–	292,302	886,096	1,603,928
Transfer to share-based payment reserve	19	–	–	–	145,227	–	(145,227	–
Restated balance at 31 December 2006		3,045	1,605	420,880	145,227	292,302	740,869	1,603,928
Net gains in available-for-sale financial assets transferred to income on disposal	18	–	–	(87,880)	–	–	–	(87,880)
Revaluation of available-for-sale financial assets	18	–	–	55,002	–	–	–	55,002
Deferred tax adjustment resulting from revaluations	18	–	–	(11,591)	–	–	–	(11,591)
Transfer to/(from) statutory contingency reserve		–	–	–	–	44,091	(44,091)	–
Net profit for the year		–	–	–	–	–	258,294	258,294
Dividends paid		–	–	–	–	–	(84,039)	(84,039)
Balance at 31 December 2007		3,045	1,605	376,411	145,227	336,393	871,033	1,733,714
Net gains in available-for-sale financial assets transferred to income on disposal	18	–	–	(98,342)	–	–	–	(98,342)
Deferred tax on disposal	18	–	–	10,066	–	–	–	10,066
Revaluation of available-for-sale financial assets	18	–	–	(135,900)	–	–	–	(135,900)
Impairment losses transferred to income statement	18			21,050	–	–	–	21,050
Deferred tax adjustment resulting from revaluation	18	–	–	26,694	–	–	–	26,694
Transfer to/(from) statutory contingency reserve		–	–	–	–	67,649	(67,649)	–
Profit for the year		–	–	–	–	–	158,945	158,945
Dividends paid		–	–	–	–	–	(85,257)	(85,257)
Balance at 31 December 2008		3,045	1,605	199,979	145,227	404,042	877,072	1,630,970