Statements of changes in equity

for the year ended 29 February 2012

 

 

Notes 

Share 
capital 
Rm 

Share 
premium 
 Rm 

Treasury 
shares 
Rm 

Accumu- 
lated 
profits 
Rm 

Foreign 
currency 
trans- 
lation 
reserve 
Rm 

Non 
control- 
ling 
interest 
Rm 

Total 
Rm 

GROUP 

               

At 1 March 2010 

 

6.6 

120.8 

(62.8)

881.9 

189.9 

1 007.9 

2 144.3 

Total comprehensive income for the year 

 

— 

— 

— 

416.9 

(1.2)

353.2 

768.9 

Profit for the year 

       

423.7 

 

359.8 

783.5 

Foreign currency translation differences 

         

27.1 

23.0 

50.1 

Net loss on hedge of net investment in foreign operation 

         

(28.3)

(23.9)

(52.2)

Retirement benefit actuarial loss 

       

(6.8)

 

(5.7)

(12.5)

Transactions with owners 

 

— 

— 

(14.9)

(408.7)

(1.3)

(331.2)

(756.1)

Dividends paid 

6.1 

     

(440.6)

   

(440.6)

Dividends paid by subsidiary to non-controlling shareholders 

           

(367.4)

(367.4)

Share repurchases 

   

(30.2)

     

(30.2)

Subsidiary’s share repurchases 

       

(32.4)

 

(27.6)

(60.0)

Net effect of settlement of employee share options 

   

15.3 

     

15.3 

Net effect of settlement of subsidiary’s share options 

       

28.6 

 

24.4 

53.0 

Share options expense 

       

40.0 

 

33.8 

73.8 

Impact of movement in treasury shares 

       

(4.3)

(1.3)

5.6 

— 

At 28 February 2011 

 

6.6 

120.8 

(77.7)

890.1 

187.4 

1 029.9 

2 157.1 

Total comprehensive income for the year 

 

— 

— 

— 

602.5 

(197.1)

348.2 

753.6 

Profit for the year 

       

598.6 

 

513.3 

1 111.9 

Exchange rate differences on translating foreign operations 

         

120.8 

103.3 

224.1 

Net loss on hedge of net investment in foreign operation 

         

(26.9)

(23.0)

(49.9)

Foreign currency translation reserverealised on sale of discontinued operation 

         

(291.0)

(248.8)

(539.8)

Retirement benefit actuarial gain 

       

3.9 

 

3.4 

7.3 

Transactions with owners 

 

— 

— 

(4.7)

(274.4)

(0.2)

(230.6)

(509.9)

Dividends paid 

6.1 

     

(328.2)

   

(328.2)

Dividends paid by subsidiary to non-controlling shareholders 

           

(277.2)

(277.2)

Share repurchases 

   

(12.0)

     

(12.0)

Subsidiary’s share repurchases 

       

(16.5)

 

(14.2)

(30.7)

Net effect of settlement of employee share options 

   

7.3 

     

7.3 

Net effect of settlement of subsidiary’s share options 

       

19.0 

 

16.2 

35.2 

Share options expense 

       

51.6 

 

44.1 

95.7 

Impact of movement in treasury shares 

       

(0.3)

(0.2)

0.5 

 

At 29 February 2012 

 

6.6 

120.8 

(82.4)

1 218.2 

(9.9)

1 147.5 

2 400.8 

COMPANY 

               

At 1 March 2010 

 

6.6 

120.8 

— 

(0.1)

— 

— 

127.3 

Total comprehensive income for the year 

 

— 

— 

— 

440.6 

— 

— 

440.6 

Profit for the year 

       

440.6 

   

440.6 

Transactions with owners 

 

— 

— 

— 

(440.6)

— 

— 

(440.6)

Dividends paid 

6.1 

     

(440.6)

   

(440.6)

At 28 February 2011 

 

6.6 

120.8 

— 

(0.1)

— 

— 

127.3 

Total comprehensive income for the year 

 

— 

— 

— 

327.8 

— 

— 

327.8 

Profit for the year 

       

327.8 

   

327.8 

Transactions with owners 

 

— 

— 

— 

(328.2)

— 

— 

(328.2)

Dividends paid 

6.1 

     

(328.2)

   

(328.2)

At 29 February 2012 

 

6.6 

120.8 

— 

(0.5)

— 

— 

126.9