Consolidated statement of changes in equity

for the year ended 31 March

Rm

Notes

Fully paid  share  capital

Treasury  shares

Share-based  payment  reserve 1

Retained  earnings

Change of  interests in  subsidiaries

Profit on  sale  of treasury  shares

Foreign  currency  translation  reserve 2, 3

Equity  attributable  to owners  of the parent

Non-controlling  interests

Total  equity

31 March 2016

*

(1 658)

1 798

24 635

(1 780)

82

1 081

24 158

(1 134)

23 024

Total comprehensive income

–

–

–

13 418

–

–

(1 771)

11 647

(154)

11 493

Net profit

–

–

–

13 418

–

–

–

13 418

(292)

13 126

Other comprehensive income

7

–

–

–

–

–

–

(1 771)

(1 771)

138

(1 633)

Dividends

8

–

–

–

(11 657)

–

–

–

(11 657)

(91)

(11 748)

Repurchase and sale of shares

16

–

(151)

–

–

–

17

–

(134)

–

(134)

Share-based payment vesting

–

139

(139)

–

–

–

–

–

–

–

Share-based payment – deferred tax

–

–

(2)

–

–

–

–

(2)

–

(2)

Share-based payment expense

8,17

–

–

125

–

–

–

–

125

–

125

Changes in subsidiary holdings

–

–

–

–

(74)

–

–

(74)

312

238

31 March 2017

*

(1 670)

1 782

26 396

(1 854)

99

(690)

24 063

(1 067)

22 996

Total comprehensive income

–

–

–

15 344

–

–

(5 401)

9 943

(248)

9 695

Net profit

–

–

–

15 344

–

–

–

15 344

218

15 562

Other comprehensive income

7

–

–

–

–

–

–

(5 401)

(5 401)

(466)

(5 867)

Dividends

8

–

–

–

(13 009)

–

–

–

(13 009)

(393)

(13 402)

Shares issued on acquisition of associate net of share issue cost

12

42 618

–

–

–

–

–

–

42 618

–

42 618

Repurchase and sale of shares

16

–

(275)

–

–

–

6

–

(269)

–

(269)

Share-based payment vesting

–

153

(153)

–

–

–

–

–

–

–

Share-based payment – deferred tax

–

–

(11)

–

–

–

–

(11)

–

(11)

Share-based payment expense

8,17

–

–

149

–

–

–

–

149

–

149

Changes in subsidiary holdings

–

–

–

–

984

–

–

984

1 788

2 772

Acquisition of subsidiary and associate

12

–

–

–

–

–

–

–

–

6 104

6 104

31 March 2018

42 618

(1 792)

1 767

28 731

(870)

105

(6 091)

64 468

6 184

70 652

Note:
1. Includes the broad-based black economic empowerment reserve of R1 641 million (2017: R1 641 million) and other employee share-based payment scheme reserves of R126 million (2017: R141 million).
2. Other comprehensive income.
3. Includes foreign exchange losses of R335 million (2017: R494 million), net of tax, relating to foreign-denominated loans to subsidiaries classified as part of the net investments in these foreign operations.
* Fully paid share capital of R100.