Summarised group statement of changes in equity
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Share capital, share premium and treasury shares R’000 |
Retained earnings R’000 |
Restructuring reserve R’000 |
Other reserves* R’000 |
Transactions with non-controlling interest reserve R’000 |
Share-based payment reserve** R’000 |
Non-controlling interest R’000 |
Total equity R’000 |
||
Balance as at 31 May 2014 | 3 945 32 | 2 222 685 | (1 843 912) | 138 798 | (957 230) | 33 660 | (15 844) | 3 523 989 | |
Net profit for the year | — | 577 617 | — | — | — | — | 3 576 | 581 193 | |
Other comprehensive loss | — | — | — | (27 926) | — | — | 4 825 | (23 101) | |
Total comprehensive income | — | 577 617 | — | (27 926) | — | — | 8 401 | 558 092 | |
Dividends paid | — | (182 117) | — | — | — | — | (4 874) | (186 991) | |
Treasury shares purchased | (19 131) | — | — | — | — | — | — | (19 131) | |
Equity compensation benefit scheme shares vested | 17 187 | — | — | — | — | (16 949) | (238) | — | |
Equity compensation benefit movement | — | — | — | — | — | 24 082 | 208 | 24 290 | |
Share of equity movement in associates | — | — | — | — | — | 548 | — | 548 | |
Associate disposed | — | 3 081 | — | (2 329) | — | (752) | — | — | |
Non-controlling-interest movement | — | 1 292 | — | — | (8 631) | (1 292) | 25 815 | 17 184 | |
Balance as at 31 May 2015 | 3 943 888 | 2 622 558 | (1 843 912) | 108 543 | (965 861) | 39 297 | 13 468 | 3 917 981 | |
Net profit for the year | — | 691 590 | — | — | — | — | 40 022 | 731 612 | |
Other comprehensive income | — | — | — | 79 062 | — | — | 2 467 | 81 529 | |
Total comprehensive income | — | 691 590 | — | 79 062 | — | — | 42 489 | 813 141 | |
Dividends paid | — | (209 098) | — | — | — | — | (4 000) | (213 098) | |
Treasury shares purchased | (23 052) | — | — | — | — | — | — | (23 052) | |
Equity compensation benefit scheme shares vested | 21 676 | — | — | — | — | (21 429) | (247) | — | |
Equity compensation benefit movement | — | — | — | — | — | 23 421 | 424 | 23 845 | |
Share of equity movement in associates | — | — | — | — | — | 750 | — | 750 | |
Balance as at 31 May 2016 | 3 942 512 | 3 105 050 | (1 843 912) | 187 605 | (965 861) | 42 039 | 52 134 | 4 519 567 |
* | Included in other reserves is the foreign currency translation reserve and the non-distributable reserve. |
** | Includes employee compensation benefit reserve. |