Company statement of changes in equity

FOR THE YEAR ENDED 31 MAY 2011

	Share capital R’000	Share premium R’000	Treasury shares R’000	Equity- based compensation reserve R’000	Share- based payment reserve R’000	Accumulated loss R’000	Total equity R’000
Balance as at 31 May 2009	*	4 404 737	(9 567)	1 939	—	(3 998)	4 393 111
Net loss for the year	—	—	—	—	—	(180 435)	(180 435)
Comprehensive income	—	—	—	—	—	—	—
Total comprehensive loss	—	—	—	—	—	(180 435)	(180 435)
Shares purchased during the year	—	—	(27 924)	—	—	—	(27 924)
Asset acquired for shares	—	—	—	—	295	—	295
Equity-based compensation movements	—	—	—	311	—	—	311
Balance as at 31 May 2010	*	4 404 737	(37 491)	2 250	295	(184 433)	4 185 358
Net loss for the year	—	—	—	—	—	(287 350)	(287 350)
Comprehensive income	—	—	—	—	—	—	—
Total comprehensive loss	—	—	—	—	—	(287 350)	(287 350)
Shares purchased during the year	—	—	(8 790)	—	—		(8 790)
Shares awarded to group companies as part of equity-based compensation scheme	—	—	15 331	—	—	—	15 331
Equity-based compensation scheme shares vested	—	—	1 268	—	—	—	1 268
Equity-based compensation movements	—	—	—	2 749	—	—	2 749
Dividends paid	—	—	—	—	—	(91 457)	(91 457)
Balance as at 31 May 2011	*	4 404 737	(29 682)	4 999	295	(563 240)	3 817 109

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