Annual Financial Statements 2016

Company Statement of Changes in Equity
for the year ended 31 March 2016

Rm

Share
capital

Non-
distributable
reserves

Accumulated
loss

Total
equity

At 1 April 2014

5 819

(46)

5 773

Issue of shares

316

316

Issue of shares as exit transaction incentive

57

57

Share-based payment

17

17

Redemption of B preference shares

(178)

(178)

Loss for the year

(119)

(119)

At 31 March 2015

6 192

(161)

(165)

5 866

Issue of shares*

Dividends paid

(355)

(355)

Share-based payment

18

18

Profit for the year

519

519

At 31 March 2016

6 192

(143)

(1)

6 048

During the year the company issued 39 million shares to the Employee Share Option Plan for 1 cent per share.