Summarised consolidated statement of changes in equity
for the year ended 30 June 2018
View as excel [XLS - 39KB]
| R’000 | 2018 Audited |
2017 Audited |
||||||
| Equity attributable to shareholders of the Company | 23 957 082 | 21 697 305 | ||||||
|---|---|---|---|---|---|---|---|---|
| Share capital | 16 873 | 16 770 | ||||||
| Balance at beginning of the year | 16 770 | 16 770 | ||||||
| Shares issued during the year | 103 | – | ||||||
| Share premium | 797 717 | 379 792 | ||||||
| Balance at beginning of the year | 379 792 | 379 792 | ||||||
| Shares issued during the year | 418 505 | – | ||||||
| Share issue costs | (580) | – | ||||||
| Foreign currency translation reserve | 262 787 | 286 628 | ||||||
| Balance at beginning of the year | 286 628 | 393 429 | ||||||
| Movement during the year | (23 168) | (105 885) | ||||||
| Realisation of reserve on disposal of subsidiaries and or associates | (673) | (916) | ||||||
| Hedging reserve | (963) | 6 489 | ||||||
| Balance at beginning of the year | 6 489 | 25 526 | ||||||
| Fair value losses arising during the year | (10 350) | (26 440) | ||||||
| Deferred tax recognised directly in reserve | 2 898 | 7 403 | ||||||
| Equity-settled share-based payment reserve | (243 388) | (14 787) | ||||||
| Balance at beginning of the year | (14 787) | 67 002 | ||||||
| Arising during the year | 155 637 | 143 712 | ||||||
| Deferred tax recognised directly in reserve | 36 540 | 81 779 | ||||||
| Utilisation during the year | (419 756) | (307 280) | ||||||
| Realisation of reserve on disposal of subsidiaries and or associates | (1 022) | – | ||||||
| Movement in retained earnings | 22 486 993 | 20 279 261 | ||||||
| Balance at the beginning of the year | 20 279 261 | 17 108 032 | ||||||
| Attributable profit | 3 817 996 | 4 769 940 | ||||||
| Change in fair value of available-for-sale financial assets | (3 111) | 2 527 | ||||||
| Net remeasurment of defined benefit obligations during the year | 1 620 | 7 359 | ||||||
| Retained earnings arising on consolidation of the Bidvest Education Trust | 222 155 | – | ||||||
| Transfer of reserves as a result of changes in shareholding of subsidiaries and other transactions with subsidiaries | (85 706) | (118 000) | ||||||
| Taxation direct in equity arising from transactions with subsidiaries | – | 47 664 | ||||||
| Remeasurement of put option liability | (5 025) | (8 676) | ||||||
| Net dividends paid | (1 740 197) | (1 529 585) | ||||||
| Treasury shares | 637 063 | 743 152 | ||||||
| Balance at the beginning of the year | 743 152 | 468 923 | ||||||
| Treasury shares arising on consolidation of the Bidvest Education Trust | (106 089) | – | ||||||
| Shares disposed of in terms of share incentive scheme | – | 274 229 | ||||||
| Equity attributable to non-controlling interests of the Company | 1 023 627 | 1 347 018 | ||||||
| Balance at beginning of the year | 1 347 018 | 1 286 606 | ||||||
| Other comprehensive income | 59 865 | 86 782 | ||||||
| Attributable profit | 67 617 | 98 649 | ||||||
| Movement in foreign currency translation reserve | (8 163) | (11 902) | ||||||
| Net remeasurment of defined benefit obligations during the year | 411 | 35 | ||||||
| Dividends paid | (319 984) | (129 384) | ||||||
| Movement in equity-settled share-based payment reserve | (651) | (567) | ||||||
| Changes in shareholding | (125 405) | (14 419) | ||||||
| Grant of put options to non-controlling interests | (22 922) | – | ||||||
| Transfer of reserves as a result of changes in shareholding of subsidiaries | 85 706 | 118 000 | ||||||
| Total equity | 24 980 709 | 23 044 323 | ||||||