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 | ||||||