Summarised Group statement of changes in equity
for the year ended 31 May 2019
Download (EXCEL) |
Issued share capital and premium R'000 |
Retained earnings R'000 |
Other reserves R'000 |
|
Balance as at 1 June 2017 – as previously reported | 3 953 871 | 3 640 034 | (2 665 758) |
Prior year errors* | – | (84 792) | (43 418) |
Balance as at 1 June 2017 – restated* | 3 953 871 | 3 555 242 | (2 709 176) |
Net profit for the year – restated* | – | 1 122 085 | – |
Other comprehensive loss – restated* | – | – | (14 182) |
Total comprehensive income/(loss) – restated* | – | 1 122 085 | (14 182) |
Treasury shares purchased | (28 846) | – | – |
Shares issued | 3 932 834 | – | – |
Transaction costs on shares issued | (34 663) | – | – |
Equity compensation benefit scheme shares vested | 21 651 | – | (21 362) |
Equity compensation benefit movement | – | – | 23 084 |
Transaction with non-controlling interest reserve movement | – | – | (93 966) |
B-BBEE transaction | – | – | 1 400 |
Non-controlling interest acquired | – | – | – |
Non-controlling interest disposed of | – | – | – |
Dividends paid | – | (349 804) | – |
Balance as at 31 May 2018 – restated* | 7 844 847 | 4 327 523 | (2 814 202) |
---|---|---|---|
Adjustment on the initial application of IFRS 9 | – | (95 888) | – |
Adjustment on the initial application of IFRS 15 | – | 9 717 | – |
Adjusted opening balance as at 1 June 2018 | 7 844 847 | 4 241 352 | (2 814 202) |
Net profit for the year | – | (6 646 383) | – |
Other comprehensive income | – | – | 63 905 |
Total comprehensive (loss)/income | – | (6 646 383) | 63 905 |
Treasury shares purchased | (42 378) | – | – |
Shares repurchased | (224 006) | – | – |
Equity compensation benefit scheme shares vested | 20 553 | – | (19 915) |
Equity compensation benefit movement | – | – | 7 149 |
Transaction with non-controlling interest reserve movement** | – | – | (61 677) |
Non-controlling interest acquired | – | – | – |
Non-controlling interest disposed of | – | – | – |
Dividends paid | – | – | – |
Balance as at 31 May 2019 | 7 599 016 | (2 405 031) | (2 824 740) |
Total ordinary shareholders' equity R'000 |
Non- controlling interest R'000 |
Total equity R'000 |
|
Balance as at 1 June 2017 – as previously reported | 4 928 147 | 67 137 | 4 995 284 |
Prior year errors* | (128 210) | – | (128 210) |
Balance as at 1 June 2017 – restated* | 4 799 937 | 67 137 | 4 867 074 |
Net profit for the year – restated* | 1 122 085 | 53 685 | 1 175 770 |
Other comprehensive loss – restated* | (14 182) | (465) | (14 647) |
Total comprehensive income/(loss) – restated* | 1 107 903 | 53 220 | 1 161 123 |
Treasury shares purchased | (28 846) | – | (28 846) |
Shares issued | 3 932 834 | – | 3 932 834 |
Transaction costs on shares issued | (34 663) | – | (34 663) |
Equity compensation benefit scheme shares vested | 289 | (289) | – |
Equity compensation benefit movement | 23 084 | 778 | 23 862 |
Transaction with non-controlling interest reserve movement | (93 966) | – | (93 966) |
B-BBEE transaction | 1 400 | – | 1 400 |
Non-controlling interest acquired | – | 66 645 | 66 645 |
Non-controlling interest disposed of | – | (2 824) | (2 824) |
Dividends paid | (349 804) | (27 750) | (377 554) |
Balance as at 31 May 2018 – restated* | 9 358 168 | 156 917 | 9 515 085 |
---|---|---|---|
Adjustment on the initial application of IFRS 9 | (95 888) | (1 437) | (97 325) |
Adjustment on the initial application of IFRS 15 | 9 717 | – | 9 717 |
Adjusted opening balance as at 1 June 2018 | 9 271 997 | 155 480 | 9 427 477 |
Net profit for the year | (6 646 383) | 24 187 | (6 622 196) |
Other comprehensive income | 63 905 | 3 066 | 66 971 |
Total comprehensive (loss)/income | (6 582 478) | 27 253 | (6 555 225) |
Treasury shares purchased | (42 378) | – | (42 378) |
Shares repurchased | (224 006) | – | (224 006) |
Equity compensation benefit scheme shares vested | 638 | (638) | – |
Equity compensation benefit movement | 7 149 | 577 | 7 726 |
Transaction with non-controlling interest reserve movement** | (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 | 2 369 245 | 122 317 | 2 491 562 |
* | As a result of the prior year errors the Group has restated their comparative financial information. |
** | The majority of this amount relates to the put option on the acquisition of Airvantage Technology Limited |