Pick n Pay Holdings Limited RF Unaudited condensed consolidated interim results for the 26 weeks ended 30 August 2015

Consolidated statement of changes in equity
for the period ended 30 August 2015

 

Attributable to owners of the Company

   

Unaudited

Share
capital
Rm

Share
premium
Rm

Treasury
shares
Rm

Retained
earnings
Rm

Foreign
currency
translation
reserve
Rm

Total
Rm

Non-
controlling
interest
Rm

Total
equity
Rm

At 2 March 2014

6.6

120.8

(95.3)

1 377.3

(3.6)

1 405.8

1 290.6

2 696.4

Total comprehensive income for the period

138.8

(3.4)

135.4

120.8

256.2

Profit for the period

137.9

137.9

123.1

261.0

Exchange rate differences on translating foreign operations

(3.4)

(3.4)

(3.1)

(6.5)

Remeasurement in retirement scheme assets

0.9

0.9

0.8

1.7

Transactions with owners

(7.6)

(218.8)

(0.2)

(226.6)

(189.6)

(416.2)

Dividends paid

(194.9)

(194.9)

(168.1)

(363.0)

Share repurchases

(12.1)

(58.6)

(70.7)

(52.0)

(122.7)

Net effect of settlement of employee share options

4.5

13.5

18.0

12.2

30.2

Share-based payment expense

20.8

20.8

18.5

39.3

Movement in non-controlling interest

0.4

(0.2)

0.2

(0.2)

At 31 August 2014

6.6

120.8

(102.9)

1 297.3

(7.2)

1 314.6

1 221.8

2 536.4

Total comprehensive income for the period

340.7

(2.7)

338.0

287.6

625.6

Profit for the period

323.9

323.9

275.3

599.2

Exchange rate differences on translating foreign operations

(2.7)

(2.7)

(2.2)

(4.9)

Remeasurement in retirement scheme assets

16.8

16.8

14.5

31.3

Transactions with owners

(6.1)

(18.7)

0.1

(24.7)

(10.2)

(34.9)

Dividends paid

(50.3)

(50.3)

(43.8)

(94.1)

Share repurchases

(10.1)

(25.1)

(35.2)

(20.0)

(55.2)

Net effect of settlement of employee share options

4.0

5.6

9.6

4.2

13.8

Share-based payment expense

54.4

54.4

46.2

100.6

Movement in non-controlling interest

(3.3)

0.1

(3.2)

3.2

At 1 March 2015

6.6

120.8

(109.0)

1 619.3

(9.8)

1 627.9

1 499.2

3 127.1

Total comprehensive income for the period

174.9

1.5

176.4

152.8

329.2

Profit for the period

172.3

172.3

149.1

321.4

Exchange rate differences on translating foreign operations

1.5

1.5

1.4

2.9

Remeasurement in retirement scheme assets

2.6

2.6

2.3

4.9

Transactions with owners

(3.3)

(227.7)

0.1

(230.9)

(199.4)

(430.3)

Dividends paid

(251.4)

(251.4)

(220.4)

(471.8)

Share repurchases

(7.7)

(29.1)

(36.8)

(25.0)

(61.8)

Net effect of settlement of employee share options

4.4

6.8

11.2

5.8

17.0

Share-based payment expense

46.4

46.4

39.9

86.3

Movement in non-controlling interest

(0.4)

0.1

(0.3)

0.3

At 30 August 2015

6.6

120.8

(112.3)

1 566.5

(8.2)

1 573.4

1 452.6

3 026.0