Summary financial information
Consolidated statement of changes in equity
for the year ended 30 June 2017
| Ordinary shares Rm |
Share premium Rm |
Share- based payment reserve Rm |
Total share capital Rm |
Retained earnings Rm |
||
|---|---|---|---|---|---|---|
| Balance at 30 June 2016 | 18 | 17 252 | 2 277 | 19 547 | 31 200 | |
| Shares issued | ||||||
| – Employee Share Ownership Programme | – | 479 | – | 479 | – | |
| Conversion option settlement | – | (79) | – | (79) | – | |
| Shares purchased – Long-term Incentive Plan | – | (38) | – | (38) | – | |
| Share-based compensation expense | ||||||
| – Long-term Incentive Plan | – | – | 91 | 91 | – | |
| Total comprehensive income/(loss) | – | – | – | – | (8 218) | |
| – Profit/(loss) for the year | – | – | – | – | (8 220) | |
| – Other comprehensive income/(loss) | – | – | – | – | 2 | |
| Transaction with NCI | – | – | – | – | – | |
| Dividends | – | – | – | – | – | |
| Balance at 30 June 2017 | 18 | 17 614 | 2 368 | 20 000 | 22 982 | |
| Balance at 30 June 2015 | 16 | 13 369 | 2 348 | 15 733 | 31 271 | |
| Shares issued (note 14) | 4 000 | – | ||||
| – Ordinary share issue | 2 | 3 998 | – | |||
| – Ordinary share issue transaction cost | – | (100) | – | (100) | – | |
| – Implats Share Incentive Scheme | – | 2 | – | 2 | – | |
| Shares purchased – Long-term Incentive Plan (note 14) | – | (17) | – | (17) | – | |
| Share-based compensation expense (note 14) | ||||||
| – Long-term Incentive Plan | – | – | (71) | (71) | – | |
| Total comprehensive income/(loss) | – | – | – | – | (71) | |
| – Profit/(loss) for the year | – | – | – | – | (70) | |
| – Other comprehensive income/(loss) | – | – | – | – | (1) | |
| Dividends | – | – | – | – | – | |
| Balance at 30 June 2016 | 18 | 17 252 | 2 277 | 19 547 | 31 200 |
| Attributable to: | ||||||
|---|---|---|---|---|---|---|
| Foreign currency translation reserve Rm |
Other components of equity Rm |
Owners of the Company Rm |
Non- controlling interest Rm |
Total equity Rm |
||
| Balance at 30 June 2016 | 5 092 | 69 | 55 908 | 2 548 | 58 456 | |
| Shares issued | ||||||
| – Employee Share Ownership Programme | – | – | 479 | – | 479 | |
| Conversion option settlement | – | – | (79) | – | (79) | |
| Shares purchased – Long-term Incentive Plan | – | – | (38) | – | (38) | |
| Share-based compensation expense | ||||||
| – Long-term Incentive Plan | – | – | 91 | – | 91 | |
| Total comprehensive income/(loss) | (1 347) | 11 | (9 554) | (80) | (9 634) | |
| – Profit/(loss) for the year | 0 | 0 | (8 220) | 122 | (8 098) | |
| – Other comprehensive income/(loss) | (1 347) | 11 | (1 334) | (202) | (1 536) | |
| Transaction with NCI | – | – | – | 11 | 11 | |
| Dividends | – | – | – | (54) | (54) | |
| Balance at 30 June 2017 | 3 745 | 80 | 46 807 | 2 425 | 49 232 | |
| Balance at 30 June 2015 | 3 024 | 76 | 50 104 | 2 258 | 52 362 | |
| Shares issued (note 14) | – | – | 4 000 | – | 4 000 | |
| – Ordinary share issue | ||||||
| – Ordinary share issue transaction cost | – | – | (100) | – | (100) | |
| – Implats Share Incentive Scheme | – | – | 2 | – | 2 | |
| Shares purchased – Long-term Incentive Plan (note 14) | – | – | (17) | – | (17) | |
| Share-based compensation expense (note 14) | ||||||
| – Long-term Incentive Plan | – | – | (71) | – | (71) | |
| Total comprehensive income/(loss) | 2 068 | (7) | 1 990 | 336 | 2 326 | |
| – Profit/(loss) for the year | – | – | (70) | 27 | (43) | |
| – Other comprehensive income/(loss) | 2 068 | (7) | 2 060 | 309 | 2 369 | |
| Dividends | – | – | – | (46) | (46) | |
| Balance at 30 June 2016 | 5 092 | 69 | 55 908 | 2 548 | 58 456 | |
The table above excludes the treasury shares, Morokotso Trust (ESOP) and the Implats Share Incentive Scheme as these structured entities are consolidated.
The notes on pages 15 to 22 are an integral part of these summarised financial statements.