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.