Content
Statements of changes in equity
for the year ended 28 February 2010
| Notes | Share capital Rm |
Share premium Rm |
Treasury shares Rm |
Accu- mulated profits Rm |
Foreign currency translation reserve Rm |
Minority interest Rm |
Total Rm |
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| GROUP | ||||||||
| At 1 March 2008 | 6.6 | 120.8 | (54.4) | 431.2 | 204.7 | 632.3 | 1 341.2 | |
| Total comprehensive income for the year | — | — | — | 571.9 | (53.9) | 431.5 | 949.5 | |
| Profit for the year* | 575.4 | 479.4 | 1 054.8 | |||||
| Foreign currency translation differences | (53.9) | (44.9) | (98.8) | |||||
| Change in accounting policy* | (3.5) | (3.0) | (6.5) | |||||
| Transactions with owners | — | — | — | (327.8) | (0.8) | (266.3) | (594.9) | |
| Dividends paid | 5 | (395.9) | (395.9) | |||||
| Dividends paid by subsidiary to minorities | 5 | (321.9) | (321.9) | |||||
| Share repurchases | 8 | (4.6) | (4.6) | |||||
| Subsidiary’s share repurchases | (9.3) | (7.7) | (17.0) | |||||
| Net effect of settlement of employee share options | 8 | 4.6 | 4.6 | |||||
| Net effect of settlement of subsidiary's share options | 44.1 | 36.7 | 80.8 | |||||
| Share options expense | 32.2 | 26.9 | 59.1 | |||||
| Impact of movement in treasury shares | 1.1 | (0.8) | (0.3) | — | ||||
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| At 28 February 2009 | 6.6 | 120.8 | (54.4) | 675.3 | 150.0 | 797.5 | 1 695.8 | |
| Total comprehensive income for the year | — | — | — | 627.3 | 40.1 | 560.4 | 1 227.8 | |
| Profit for the year | 646.0 | 542.3 | 1 188.3 | |||||
| Actuarial losses | (18.7) | (15.6) | (34.3) | |||||
| Foreign currency translation differences | 40.1 | 33.7 | 73.8 | |||||
| Transactions with owners | — | — | (8.4) | (420.7) | (0.2) | (350.0) | (779.3) | |
| Dividends paid | 5 | (447.3) | (447.3) | |||||
| Dividends paid by subsidiary to minorities | 5 | (367.3) | (367.3) | |||||
| Share repurchases | 8 | (13.5) | (13.5) | |||||
| Subsidiary’s share repurchases | (36.2) | (30.4) | (66.6) | |||||
| Net effect of settlement of employee share options |
8 | 5.1 | 5.1 | |||||
| Net effect of settlement of subsidiary's share options | 25.6 | 21.4 | 47.0 | |||||
| Share options expense | 35.9 | 30.1 | 66.0 | |||||
| Cancellation of treasury shares in subsidiary | (1.5) | (1.2) | (2.7) | |||||
| Impact of movement in treasury shares | 2.8 | (0.2) | (2.6) | — | ||||
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| At 28 February 2010 | 6.6 | 120.8 | (62.8) | 881.9 | 189.9 | 1 007.9 | 2 144.3 | |
| COMPANY | ||||||||
| At 1 March 2008 | 6.6 | 120.8 | — | 0.2 | — | — | 127.6 | |
| Total comprehensive income for the year | — | — | — | 395.7 | — | — | 395.7 | |
| Profit for the year | 395.7 | 395.7 | ||||||
| Transactions with owners | — | — | — | (395.9) | — | — | (395.9) | |
| Dividends paid | 5 | (395.9) | — | (395.9) | ||||
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| At 28 February 2009 | 6.6 | 120.8 | — | — | — | — | 127.4 | |
| Total comprehensive income for the year | — | — | — | 447.2 | — | — | 447.2 | |
| Profit for the year | 447.2 | 447.2 | ||||||
| Transactions with owners | — | — | — | (447.3) | — | — | (447.3) | |
| Dividends paid | 5 | (447.3) | — | (447.3) | ||||
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| At 28 February 2010 | 6.6 | 120.8 | — | (0.1) | — | — | 127.3 |
*Restated – refer note 31.1 of the Pick n Pay Stores Limited’s financial statements.