group statement of changes in equity
audited results as at 31 May 2008
| |
|
|
|
|
|
|
|
|
|
Foreign |
|
Trans- |
|
Total |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
currency |
|
action |
|
ordinary |
|
|
|
|
|
| |
|
|
|
|
|
|
|
Restruc- |
|
trans- |
|
with |
|
share- |
|
|
|
|
|
| |
|
Share |
|
Share |
|
Retained |
|
turing |
|
lation |
|
minority |
|
holders |
|
Minority |
|
Total |
|
| |
|
capital |
|
premium |
|
earnings |
|
reserve1 |
|
reserve |
|
reserve2 |
|
equity |
|
interest |
|
equity |
|
| |
Note |
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
R’000 |
|
| Balance as at |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1 June 2006 |
|
* |
|
2 079 533 |
|
— |
|
(1 998 328) |
|
— |
|
— |
|
81 205 |
|
— |
|
81 205 |
|
| Net profit for the year |
|
— |
|
— |
|
63 867 |
|
— |
|
— |
|
— |
|
63 867 |
|
45 960 |
|
109 827 |
|
| Dividends |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(348) |
|
(348) |
|
| Minorities acquired during |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| the year |
|
— |
|
— |
|
— |
|
150 998 |
|
— |
|
(14 893) |
|
136 105 |
|
83 631 |
|
219 736 |
|
| Associates acquired |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| during |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| the year |
|
— |
|
— |
|
— |
|
3 418 |
|
— |
|
— |
|
3 418 |
|
— |
|
3 418 |
|
| Exchange gains on |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| translation of foreign |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| operations |
|
— |
|
— |
|
— |
|
— |
|
4 188 |
|
— |
|
4 188 |
|
(5) |
|
4 183 |
|
| Balance as at |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 31 May 2007 |
|
* |
|
2 079 533 |
|
63 867 |
|
(1 843 912) |
|
4 188 |
|
(14 893) |
|
288 783 |
|
129 238 |
|
418 021 |
|
| Shares issued during |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| the year |
13 |
* |
|
2 364 928 |
|
— |
|
— |
|
— |
|
— |
|
2 364 928 |
|
— |
|
2 364 928 |
|
| Share issue costs |
|
— |
|
(39 724) |
|
— |
|
— |
|
— |
|
— |
|
(39 724) |
|
— |
|
(39 724) |
|
| Net profit for the year |
|
— |
|
— |
|
180 891 |
|
— |
|
— |
|
— |
|
180 891 |
|
26 901 |
|
207 792 |
|
| Dividends |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(998) |
|
(998) |
|
| Minorities disposed of |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1 029 |
|
| during the year |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(883 671) |
|
(883 671) |
|
(146 294) |
|
965) |
|
| Exchange losses on |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| translation of foreign |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| operations |
|
— |
|
— |
|
— |
|
— |
|
(1 636) |
|
— |
|
(1 636) |
|
(474) |
|
(2 110) |
|
| Balance as at |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 31 May 2008 |
|
* |
|
4 404 737 |
|
244 758 |
|
(1 843 912) |
|
2 552 |
|
(898 564) |
|
1 909 571 |
|
8 373 |
|
1 917 944 |
|
* Less than R1 000
1 The restructuring reserve arose as a result of the restatement of group comparatives, as required in terms of the principles of predecessor
accounting. This reserve represents the difference between the fair value of the entities under the group’s control and their respective net asset
values, as at the assumed restructure date of 1 June 2006.
2 The transaction with minority reserve relates to goodwill arising on transactions with minority shareholders as these are treated as equity
participants.
|
