Statement of changes in equity and reserves
| Capital redemption reserve fund |
Ordinary share capital |
Share premium |
Redeemable preference share capital |
Available-for-sale fair value reserve |
Accumulative profits |
Total | |
| R’000 | R’000 | R’000 | R’000 | R’000 | R’000 | R’000 | |
| Balance at 30 June 2007 | 115 | 83 | 112 201 | 57 798 | 17 930 | 109 569 | 297 696 |
| Profit for the period | – | – | – | – | – | 789 641 | 789 641 |
| Unrealised fair value loss on available-for-sale investments | – | – | – | – | (223) | – | (223) |
| Total income and expense for the year | – | – | – | – | – | – | – |
| Share of loss from associate prior to becoming an associate | – | – | – | – | – | (5 669) | (5 669) |
| Ordinary dividend paid | – | – | – | – | – | (24 902) | (24 902) |
| Preference dividend | – | – | – | – | – | (3 481) | (3 481) |
| Preference shares redeemed | – | – | – | (57 798) | – | – | (57 798) |
| Transfer to capital redemption reserve fund | 115 | – | – | – | – | (115) | – |
| Share capital raised | – | 10 | 174 042 | – | – | – | 174 052 |
| Balance at 31 December 2007 | 230 | 93 | 286 243 | – | 17 707 | 865 043 | 1 169 316 |
| Loss for the period | – | – | – | – | – | (51 058) | (51 058) |
| Ordinary dividend paid | – | – | – | – | – | – | – |
| Unrealised fair value loss on available-for-sale investments | – | – | – | – | (223) | – | (223) |
| Share issue expenses | – | – | (8 397) | – | – | – | (8 397) |
| Share capital raised | – | 24 | 462 872 | – | – | – | 462 896 |
| Balance at 30 June 2008 | 230 | 117 | 740 718 | – | 17 484 | 813 985 | 1 572 534 |
|---|---|---|---|---|---|---|---|
| Profit for the period | – | – | – | – | – | 126 771 | 126 771 |
| Ordinary dividend paid | – | – | – | – | – | (46 281) | (46 281) |
| Unrealised fair value gain on available-for-sale investments | – | – | – | – | 1 279 | – | 1 279 |
| Shares bought back | – | (2) | (20 418) | – | – | – | (20 420) |
| Balance at 31 December 2008 | 230 | 115 | 720 300 | – | 18 763 | 894 475 | 1 633 883 |