Group Five Integrated Annual Report 2014

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159
Summary consolidated annual financial statements
Group statement of
changes in equity
FOR THE YEAR ENDED 30 JUNE 2014
Number
of
ordinary
shares
issued
Number
of shares
held by
share
trust
Net
shares
issued to
public
Stated
capital
R’000
Foreign
currency
translation
reserve
R’000
Retained
earnings
R’000
Equity
share-
holders
R’000
Non-
controlling
interest
R’000
Total
R’000
*Restated balance at
30 June 2012 110 645 521 (14 044 760) 96 600 761 1 219 119 (120 362) 709 979 1 808 736 68 195 1 876 931
Issue of shares to share
trust in terms of share
scheme 440 032 (440 032) – – – – – – –
Issue of shares from
share trust – 905 651 905 651 10 207 – – 10 207 – 10 207
Issue of shares in terms
of BEE ownership scheme
in lieu of dividends 63 957 (63 957) – – – – – – –
Share buy back (12 356 865) 12 356 865 – (30 000) – – (30 000) – (30 000)
Issue of shares to Izakhiwo
Imfundo Bursary Trust 2 000 000 – 2 000 000 – – – – – –
Issue of shares to Black
Professionals Staff Trust 10 356 865 (10 356 865) – – – – – – –
Share-based
payment expense – – – 30 242 – – 30 242 – 30 242
Total comprehensive income – – – – 107 856 272 651 380 507 29 450 409 957
Profit for the year – – – – – 258 164 258 164 29 450 287 614
Surplus on pension fund – – – – – 20 121 20 121 – 20 121
Tax on other comprehensive
income – – – – – (5 634) (5 634) – (5 634)
Translation differences
arising from foreign
operations – – – – 107 856 – 107 856 – 107 856
Distribution to non-
controlling interests – – – – – – – (22 320) (22 320)
Dividends paid – – – – – (45 148) (45 148) – (45 148)
*Restated balance at
30 June 2013 111 149 510 (11 643 098) 99 506 412 1 229 568 (12 506) 937 482 2 154 544 75 325 2 229 869
Issue of shares to share
trust in terms of share
scheme (i) 954 983 (954 983) – – – – – – –
Issue of shares from
share trust – 1 292 374 1 292 374 6 660 – – 6 660 – 6 660
Share-based payment
expense – – – 20 303 – – 20 303 – 20 303
Total comprehensive income – – – – 78 391 439 943 518 334 38 111 556 445
Profit for the year – – – – – 401 421 401 421 38 111 439 532
Surplus on pension fund
and remeasurement of
employment obligation – – – – – 53 503 53 503 – 53 503
Tax on other comprehensive
income – – – – – (14 981) (14 981) – (14 981)
Translation differences
arising from foreign
operations – – – – 78 391 – 78 391 – 78 391
Distribution to non-
controlling interests – – – – – – – (36 461) (36 461)
Acquisition of interest
in subsidiary – – – – – – – (3 677) (3 677)
Dividends paid – – – – – (80 166) (80 166) – (80 166)
Balance at 30 June 2014 112 104 493 (11 305 707) 100 798 786 1 256 531 65 885 1 297 259 2 619 675 73 298 2 692 973
* Restated for the adoption of IFRS 11 – Joint Arrangements and IAS 19 (Revised) – Employee Benefits.