Pick n Pay Stores Limited SUMMARISED AUDITED GROUP ANNUAL FINANCIAL STATEMENTS
for the 2016 financial period

Group statement of changes in equity for the period ended

   
   

  

  

Share  
capital  
Rm  

Treasury  
shares* 
Rm  

Fair value  
reserve* 
Rm  

Retained  
earnings* 
Rm  

Foreign  
currency  
translation  
reserve  
Rm  

Total  
equity* 
Rm  

 

At 2 March 2014 as previously
published  

  

6.0  

(145.7)  

—  

2 849.1    

(6.8)  

2 702.6  

 
Prior year restatements*  

—  

95.3  

27.0  

(1.2)  

—  

121.1  

 

Total comprehensive income for the period  

  

—  

—  

4.2  

94.7  

(11.4)  

887.5  

 

Profit for the period  

  

—  

—  

—  

861.7  

—  

861.7  

 

Foreign currency translations  

  

—  

—  

—  

33.0  

—  

33.0  

 

Fair value gain on available-for-sale financial instruments  

  

—  

—  

4.2  

—  

—  

4.2  

 

Transactions with owners  

  

—  

(9.7)  

—  

(439.7)  

—  

(449.4)  

 

Dividends paid  

  

—  

—  

—  

(461.8)  

—  

(461.8)  

 

Share repurchases  

  

—  

(155.7)  

—  

—  

—  

(155.7)  

 

Net effect of settlement of employee share options  

  

—  

146.0  

—  

(102.0)  

—  

44.0  

 

Share-based payments expense  

  

—  

—  

—  

124.1  

—  

124.1  

 

At 1 March 2015 restated  

  

6.0  

120.8  

(109.0)  

1 619.3  

(9.8)  

1 627.9  

 

Total comprehensive income for the period  

  

—  

—  

—  

578.2  

31.2  

609.4  

 

Profit for the period  

 

—  

—  

—  

1 065.4  

—  

1 065.4    

Remeasurement in retirement scheme assets  

  

—  

—  

—  

570.2  

—  

14.8  

 

Foreign currency translations  

  

—  

—  

—  

—  

31.2  

58.1  

 

Fair value gain on available-for-sale financial instruments  

  

—  

—  

—  

8.0  

—  

1.3  

 

Transactions with owners  

  

—  

(3.4)  

—  

(500.2)  

—  

(503.6)  

 

Dividends paid  

  

—  

—  

—  

(589.5)  

—  

(589.5)  

 

Share repurchases  

  

—  

(126.2)  

—  

—  

—  

(126.2)  

 

Net effect of settlement of employee share options  

  

—  

122.8  

—  

(87.2)  

—  

35.6  

 

Share-based payments expense  

  

—  

—  

—  

176.5  

—  

76.5  

 

At 28 February 2016  

  

6.0  

(63.5)  

32.5  

3 882.9  

39.9  

3 897.8  

 

* Prior year amounts restated and/or reclassified, refer to note 10.