Condensed consolidated statement of changes in equity
| Download (EXCEL) |
| (Rm) | Ordinary shares |
Share premium |
Share-based payment reserve |
Share capital and share-based payment reserve# |
Retained earnings |
||
| Balance at 30 June 2018 (Audited) | 18 | 17 986 | 2 487 | 20 491 | 12 302 | ||
| Adjustment on initial application of IFRS 9 | — | — | — | — | — | ||
| Shares purchased – Long-term Incentive Plan | — | (101) | — | (101) | — | ||
| Share-based compensation expense | — | — | 40 | 40 | — | ||
| Total comprehensive income/(loss) | — | — | — | — | 2 306 | ||
| – Profit for the year | — | — | — | — | 2 306 | ||
| – Other comprehensive income/(loss) | — | — | — | — | — | ||
| Cash distributions to non-controlling interest | — | — | — | — | — | ||
| Balance at 31 December 2018 (Reviewed) | 18 | 17 885 | 2 527 | 20 430 | 14 608 | ||
| Shares purchased – Long-term Incentive Plan | — | (10) | — | (10) | — | ||
| Share-based compensation expense | — | — | 116 | 116 | — | ||
| Total comprehensive (loss)/income | — | — | — | — | (835) | ||
| – Loss for the year | — | — | — | — | (835) | ||
| – Other comprehensive (loss)/income | — | — | — | — | — | ||
| Cash distributions to non-controlling interest | — | — | — | — | — | ||
| Balance at 30 June 2019 (Audited) | 18 | 17 875 | 2 643 | 20 536 | 13 773 | ||
|---|---|---|---|---|---|---|---|
| Conversion of US$ bonds* | — | 4 810 | — | 4 810 | — | ||
| Shares purchased – Long-term Incentive Plan | — | (628) | — | (628) | — | ||
| Share-based compensation expense | — | — | 187 | 187 | — | ||
| Total comprehensive income | — | — | — | — | 3 403 | ||
| – Profit for the year | — | — | — | — | 3 403 | ||
| – Other comprehensive income/(loss) | — | — | — | — | — | ||
| Cash distributions to non-controlling interest | — | — | — | — | — | ||
| Balance at 31 December 2019 (Reviewed) | 18 | 22 057 | 2 830 | 24 905 | 17 176 |
| Attributable to: | |||||||
| (Rm) | Foreign currency translation reserve |
Other components of equity |
Owners of the Company |
Non- controlling interest |
Total equity |
||
| Balance at 30 June 2018 (Audited) | 4 324 | 96 | 37 213 | 2 380 | 39 593 | ||
| Adjustment on initial application of IFRS 9 | — | 94 | 94 | — | 94 | ||
| Shares purchased – Long-term Incentive Plan | — | — | (101) | — | (101) | ||
| Share-based compensation expense | — | — | 40 | — | 40 | ||
| Total comprehensive income/(loss) | 608 | (33) | 2 881 | 242 | 3 123 | ||
| – Profit for the year | — | — | 2 306 | 152 | 2 458 | ||
| – Other comprehensive income/(loss) | 608 | (33) | 575 | 90 | 665 | ||
| Cash distributions to non-controlling interest | — | — | — | (135) | (135) | ||
| Balance at 31 December 2018 (Reviewed) | 4 932 | 157 | 40 127 | 2 487 | 42 614 | ||
| Shares purchased – Long-term Incentive Plan | — | — | (10) | — | (10) | ||
| Share-based compensation expense | — | — | 116 | — | 116 | ||
| Total comprehensive (loss)/income | (264) | 3 | (1 096) | (483) | (1 579) | ||
| – Loss for the year | — | — | (835) | (444) | (1 279) | ||
| – Other comprehensive (loss)/income | (264) | 3 | (261) | (39) | (300) | ||
| Cash distributions to non-controlling interest | — | — | — | (61) | (61) | ||
| Balance at 30 June 2019 (Audited) | 4 668 | 160 | 39 137 | 1 943 | 41 080 | ||
|---|---|---|---|---|---|---|---|
| Conversion of US$ bonds* | — | — | 4 810 | — | 4 810 | ||
| Shares purchased – Long-term Incentive Plan | — | — | (628) | — | (628) | ||
| Share-based compensation expense | — | — | 187 | — | 187 | ||
| Total comprehensive income | 277 | 2 | 3 682 | 47 | 3 729 | ||
| – Profit for the year | — | — | 3 403 | 64 | 3 467 | ||
| – Other comprehensive income/(loss) | 277 | 2 | 279 | (17) | 262 | ||
| Cash distributions to non-controlling interest | — | — | — | (99) | (99) | ||
| Balance at 31 December 2019 (Reviewed) | 4 945 | 162 | 47 188 | 1 891 | 49 079 | ||
The table above excludes the treasury shares.
| * | During the year, all of the holders of the US$3.25% convertible bonds, which were due in 2022, exercised their conversion rights. This resulted in a 64.3 million ordinary shares being issued to the bondholders. |
| # | The total share capital subtotal was renamed to share capital and share-based payment reserve to better reflect the nature of the amounts included in the subtotal. |
| The Notes to the financial information are an integral part of these condensed consolidated interim financial statements. |