for the year ended 30 June
R million | Notes | Share capital and pre- mium |
Treasury shares and share options |
Foreign currency trans- lation reserve |
Share based payment reserve |
Avail- able for sale invest- ment reserve |
Reserve for non- control- ling interests* |
Hedging reserve |
Retained earnings |
Ordinary share- holders’ equity |
Minorities’ interests |
Total | |
Balance at 30 June 2012 (as previously reported) | 277 | (1 600) | 228 | 161 | 4 | (2 206) | (2) | 4 634 | 1 496 | 1 227 | 2 723 | ||
Effect of changes in accounting policies | – | (187) | – | – | – | – | – | – | (187) | (51) | (238) | ||
Balance at 30 June 2012 (restated) | 277 | (1 787) | 228 | 161 | 4 | (2 206) | (2) | 4 634 | 1 309 | 1 176 | 2 485 | ||
Deemed treasury shares purchased | 18 | (3) | (3) | (3) | |||||||||
Treasury share options purchased | 18 | (34) | (34) | (34) | |||||||||
Treasury share options exercised | 18 | 29 | 29 | 29 | |||||||||
Shares issued | 18 | 32 | 32 | 32 | |||||||||
Vested share awards | 18 | 14 | (14) | – | – | ||||||||
Employee share based payments | 32 | 46 | 46 | 46 | |||||||||
Release of share based payment reserve | (32) | 32 | – | – | |||||||||
Release of SFIR equity option reserve | (75) | 33 | (42) | 42 | – | ||||||||
Delivery of share awards | (11) | (11) | (11) | ||||||||||
Acquisition of minorities’ interests | 34 | (13) | 8 | (5) | 95 | 90 | |||||||
Profit for the year | 697 | 697 | 293 | 990 | |||||||||
Other comprehensive income | 254 | 3 | 10 | 267 | 299 | 566 | |||||||
Dividends paid | (252) | (252) | (273) | (525) | |||||||||
Balance at 30 June 2013 (restated) | 309 | (1 781) | 482 | 86 | 4 | (2 219) | 1 | 5 151 | 2 033 | 1 632 | 3 665 | ||
Deemed treasury shares purchased | 18 | (41) | (41) | (41) | |||||||||
Treasury share options purchased | 18 | (29) | (29) | (29) | |||||||||
Deemed treasury shares disposed | 18 | 9 | 9 | 9 | |||||||||
Vested share awards | 18 | 13 | (13) | – | – | ||||||||
Employee share based payments | 32 | 53 | 53 | 53 | |||||||||
Release of share based payment reserve | (14) | 14 | – | – | |||||||||
Monticello acquisition consideration | (673) | (673) | (1 014) | (1 687) | |||||||||
Minority share capital reduction | – | (84) | (84) | ||||||||||
Delivery of share awards | (7) | (7) | (7) | ||||||||||
Acquisition of minorities’ interests | 34 | (107) | (107) | (15) | (122) | ||||||||
Profit for the year | 518 | 518 | 231 | 749 | |||||||||
Other comprehensive income | (33) | 2 | 12 | (19) | (10) | (29) | |||||||
Dividends paid | (240) | (240) | (249) | (489) | |||||||||
Balance at 30 June 2014 | 309 | (1 829) | 449 | 112 | 4 | (2 999) | 3 | 5 448 | 1 497 | 491 | 1 988 |
* Reserve for non-controlling interests relates to the premiums paid on purchases of minorities’ interests and profits and losses on disposals of interests to minorities.