Consolidated statement of changes in equity

for the year ended 30 June

2020 
R'000
 
   2019 
R'000 
Equity attributable to shareholders of the Company  23 159 047     25 618 212 
   Share capital  17 014     16 948 
   Balance at beginning of the year  16 948     16 873 
   Shares issued during the year  66     75 
Share premium  1 367 796     1 099 231 
   Balance at beginning of the year  1 099 231     797 717 
   Shares issued during the year  268 856     302 012 
   Share issue costs  (291)    (498)
Foreign currency translation reserve  400 927     208 936 
   Balance at beginning of the year  208 936     262 787 
   Movement during the year  184 664     (10 948)
   Realisation of reserve on disposal of subsidiaries and associates  7 327     (42 903)
Hedging reserve  (65 284)    (13 580)
   Balance at beginning of the year  (13 580)    (963)
   Fair value loss arising during the year  (71 811)    (17 523)
   Taxation recognised directly in reserve  20 107     4 906 
Equity-settled share-based payment reserve  (437 247)    (343 118)
   Balance at beginning of year  (343 118)    (243 388)
   Arising during current year  219 827     191 070 
   Taxation recognised directly in reserve  (18 093)    34 289 
   Utilisation during the year  (295 863)    (324 656)
   Realisation of reserve on disposal of subsidiaries and associates  –     8 049 
   Transfer of equity-settled share-based payment reserve as a result of changes in shareholding of subsidiaries  –     2 734 
   Transfer to retained earnings  –     (11 216)
Movement in retained earnings  21 211 095     24 012 732 
   Balance at beginning of the year  24 012 732     22 406 910 
   IFRS 16 adjustment to balance at beginning of the period (associate) (21 064)    – 
   IFRIC 23 adjustment to balance at beginning of the period  (172 800)    – 
   Attributable profit  (463 286)    3 775 282 
   Changes in the fair value of financial assets recognised through other comprehensive income  (15 865)    23 849 
   Net remeasurement of defined benefit obligations during the year  (28 319)    (679)
   Other transactions with subsidiaries  (154 056)    – 
   Net dividends paid  (2 033 951)    (1 964 229)
   Net remeasurement of put option liability  1 266     (7 115)
   Transfer of reserves as a result of changes in shareholding of subsidiaries and other transactions with subsidiaries  80 424     (218 674)
   Share of other comprehensive income of associates  6 014     (13 828)
   Transfer from equity-settled share-based payment reserve  –     11 216 
Treasury shares  664 746     637 063 
   Balance at beginning of the year  637 063     637 063 
   Shares disposed of in terms of share incentive scheme  27 683     – 
Equity attributable to non-controlling interests of the Company  3 481 856    304 620 
Balance at beginning of the year  304 620     1 006 609 
Total comprehensive income  299 734     28 552 
   Attributable profit  276 383     28 648 
   Movement in foreign currency translation reserve  16 106     (96)
   Movement in cash hedge fund  6 936     – 
   Changes in the fair value of financial assets recognised through other comprehensive income  20     – 
   Net remeasurement of defined benefit obligations during the year  289     – 
Dividends paid  (229 818)    (51 207)
Movement in equity-settled share-based payment reserve  (2 155)    (961)
Transfer of equity-settled share-based payment reserve as a result of changes in shareholding of subsidiaries  –     (2 734)
Changes in shareholding  3 189 899     (894 313)
Transfer of reserves as a result of changes in shareholding of subsidiaries  (80 424)    218 674 
Total equity  26 640 903     25 922 832