Summarised Group statement of changes in equity
for the year ended 31 May 2020
Excel downloads
Issued share capital and premium R'000 |
Retained earnings R'000 |
Other reserves R'000 |
Total ordinary shareholders' equity R'000 |
Non- controlling interest R'000 |
Total equity R'000 |
|||||||
Opening balance as at 1 June 2018 | 7 844 847 | 4 241 352 | (2 814 202) | 9 271 997 | 155 480 | 9 427 477 | ||||||
Net loss for the year | — | (6 646 383) | — | (6 646 383) | 24 187 | (6 622 196) | ||||||
Other comprehensive income | — | — | 63 905 | 63 905 | 3 066 | 66 971 | ||||||
Total comprehensive (loss)/income | — | (6 646 383) | 63 905 | (6 582 478) | 27 253 | (6 555 225) | ||||||
Treasury shares purchased | (42 378) | — | — | (42 378) | — | (42 378) | ||||||
Shares repurchased | (224 006) | — | — | (224 006) | — | (224 006) | ||||||
Equity compensation benefit scheme shares vested | 20 553 | — | (19 915) | 638 | (638) | — | ||||||
Equity compensation benefit movement | — | — | 7 149 | 7 149 | 577 | 7 726 | ||||||
Transaction with non-controlling interest reserve movement1 | — | — | (61 677) | (61 677) | — | (61 677) | ||||||
Non-controlling interest acquired | — | — | — | — | (25 904) | (25 904) | ||||||
Non-controlling interest disposed of | — | — | — | — | 1 099 | 1 099 | ||||||
Dividends paid | — | — | — | — | (35 550) | (35 550) | ||||||
Balance as at 31 May 2019 | 7 599 016 | (2 405 031) | (2 824 740) | 2 369 245 | 122 317 | 2 491 562 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net profit for the year | — | 124 481 | — | 124 481 | 94 626 | 219 107 | ||||||
Other comprehensive income/(loss) | — | — | (11 450) | (11 450) | 13 095 | 1 645 | ||||||
Total comprehensive income/(loss) | — | 124 481 | (11 450) | 113 031 | 107 721 | 220 752 | ||||||
Treasury shares purchased | (46 352) | — | — | (46 352) | — | (46 352) | ||||||
Equity compensation benefit scheme shares vested | 20 922 | — | (20 582) | 340 | (340) | — | ||||||
Equity compensation benefit movement | — | (7 093) | 16 332 | 9 239 | 119 | 9 358 | ||||||
Transaction with non-controlling interest reserve movement2 | — | (156 750) | 156 750 | — | — | — | ||||||
Non-controlling interest acquired | — | — | (18 105) | (18 105) | 17 590 | (515) | ||||||
Blue Label Mobile Restructure3 | — | — | 13 235 | 13 235 | 21 200 | 34 435 | ||||||
Non-controlling interest disposed of | — | — | — | — | (156 654) | (156 654) | ||||||
Share-based payment reserve recycled to retained earnings | — | 1 400 | (1 400) | — | — | — | ||||||
Dividends paid | — | — | — | — | (67 469) | (67 469) | ||||||
Balance as at 31 May 2020 | 7 573 586 | (2 442 993) | (2 689 960) | 2 440 633 | 44 484 | 2 485 117 |
1 | The majority of this amount relates to the put option on the acquisition of AV Technology Limited. Refer to the note on financial instruments at fair value through profit and loss. |
2 | The majority of this amount relates to the derecognition of the transaction with non-controlling interest reserve on the effective date of VAS operations disposal. Refer to the note on discontinued operations. |
3 | Refer to note on discontinued operations. |