Consolidated statement of changes in equity

(Rm)	Ordinary   shares	Share   premium	Share-   based   payments	Total   share   capital	Retained   earnings	Foreign   currency   translation   reserve	Other   components   of equity	Attributable to:		Total   equity
								Owners of   the   Company	Non-   controlling   interest
Balance at 30 June 2016	18	17 252	2 277	19 547	31 200	5 092	69	55 908	2 548	58 456
Shares issued
– Employee Share Ownership Programme	—	479	—	479	—	—	—	479	—	479
Shares purchased – Long-term Incentive Plan	—	(35)	—	(35)	—	—	—	(35)	—	(35)
Share-based compensation expense
– Long-term Incentive Plan	—	—	53	53	—	—	—	53	—	53
Total comprehensive income/(loss)	—	—	—	—	(371)	(779)	10	(1 140)	(74)	(1 214)
Profit/(loss) for the year	—	—	—	—	(371)	—	—	(371)	43	(328)
Other comprehensive income/(loss)	—	—	—	—	—	(779)	10	(769)	(117)	(886)
Transactions with non-controlling interest	—	—	—	—	—	—	—	—	11	11
Dividends	—	—	—	—	—	—	—	—	(7)	(7)
Balance at 31 December 2016 (Reviewed)	18	17 696	2 330	20 044	30 829	4 313	79	55 265	2 478	57 743
Balance at 30 June 2015	16	13 369	2 348	15 733	31 271	3 024	76	50 104	2 258	52 362
Shares issued
– Ordinary share issue	2	3 998	—	4 000	—	—	—	4 000	—	4 000
– Ordinary share issue transaction cost	—	(100)	—	(100)	—	—	—	(100)	—	(100)
– Implats Share Incentive Scheme	—	(16)	—	(16)	—	—	—	(16)	—	(16)
Share-based compensation expense
– Long-term Incentive Plan	—	—	(113)	(113)	—	—	—	(113)	—	(113)
Total comprehensive income/(loss)	—	—	—	—	204	2 713	(4)	2 913	419	3 332
Profit/(loss) for the year	—	—	—	—	204	—	—	204	14	218
Other comprehensive income/(loss)	—	—	—	—	—	2 713	(4)	2 709	405	3 114
Dividends	—	—	—	—	—	—	—	—	(33)	(33)
Balance at 31 December 2015 (Reviewed)	18	17 251	2 235	19 504	31 475	5 737	72	56 788	2 644	59 432
Balance at 30 June 2015	16	13 369	2 348	15 733	31 271	3 024	76	50 104	2 258	52 362
Shares issued
– Ordinary share issue	2	3 998	—	4 000	—	—	—	4 000	—	4 000
– Ordinary share issue transaction cost	—	(100)	—	(100)	—	—	—	(100)	—	(100)
– Implats Share Incentive Scheme	—	2	—	2	—		—	2	—	2
Shares purchased – Long-term Incentive Plan	—	(17)	—	(17)	—	—	—	(17)	—	(17)
Share-based compensation expense
– Long-term Incentive Plan	—	—	(71)	(71)	—		—	(71)	—	(71)
Total comprehensive income/(loss)	—	—	—	—	(71)	2 068	(7)	1 990	336	2 326
Profit/(loss) for the year	—	—	—	—	(70)	—	—	(70)	27	(43)
Other comprehensive income/(loss)	—	—	—	—	(1)	2 068	(7)	2 060	309	2 369
Dividends	—	—	—	—	—		—	—	(46)	(46)
Balance at 30 June 2016 (Audited)	18	17 252	2 277	19 547	31 200	5 092	69	55 908	2 548	58 456

*	The table above excludes the treasury shares. During the year, 8.87 million of these shares were released by the Morokotso Trust (ESOP) after vesting at an average price of R54.
	The notes here are an integral part of these condensed interim financial statements.