annual report 2009

financial statements: statement of changes in equity

      Group   
      2009  2008  
  Notes   Rm  Rm  
Share capital and premium  7    97.8 149.1  
Opening balance     149.1 311.4  
Cost of own shares acquired:          
   Treasury shares     (12.9) (112.4)  
   Cancelled shares     (38.4) (50.0)  
Share awards to employees     0.1  
Other reserves  8    107.4 128.4  
Opening balance     128.4 156.5  
Fair value adjustments of available-for-sale investments, net of tax     (40.0) (27.5)  
Disposal of available-for-sale investments recognised     2.4 (21.3)  
Share-based payment     10.6 6.7  
Transfer of share-based payment reserve to retained income on vesting     (0.2) (0.9)  
Transfer to contingency reserve     1.8 9.0  
Foreign currency translation reserve     4.4 5.9  
Retained earnings  9    2 734.7 2 452.5  
Opening balance     2 452.5 2 059.3  
Net profit attributable to ordinary shareholders     567.0 642.3  
Profit on sale of own shares     1.1 21.8  
Transfer of share-based payment reserve to retained income on vesting     0.2 0.9  
Cost of share awards to employees     (0.1)  
Transfer to contingency reserve     (1.8) (9.0)  
Distribution to shareholders 25    (284.3) (262.7)  
           
Balance at 31 March 2009      2 939.9 2 730.0