Annual Financial Statements 2017

Group Statement of Changes in Equity
for the year ended 31 March 2017

Rm Share
capital
Treasury
shares
Other
reserves
Accumulated
profit
Total
equity
holders’
funds
Non-controlling
interest
Total
equity
At 31 March 2015 6 192 (166) (36) (640) 5 350 190 5 540
Total comprehensive income 174 729 903 166 1 069
    Profit for the year 729 729 145 874
    Other comprehensive income 174 174 21 195
Total transactions with owners of the company (15) 19 (356) (352) (101) (453)
    Issue of shares*
    Purchase of treasury shares in     policyholder assets (15) (15) (15)
    Movement in share-based     payment reserve 19 19 19
    Dividends paid (352) (352) (127) (479)
    Other movements in     non‑controlling interest** (4) (4) 26 22
At 31 March 2016 6 192 (181) 157 (267) 5 901 255 6 156
Total comprehensive income (510) 1 478 968 81 1 049
    Profit for the year 1 465 1 465 109 1 574
    Other comprehensive income (510) 13 (497) (28) (525)
Total transactions with owners of the company 21 17 (6) 32 (118) (86)
    Introduction of empowerment     partner*** 5 521 526 222 748
    Sale of treasury shares in     policyholder assets 21 21 21
    Movement in share-based     payment reserve 12 12 12
    Dividends paid (509) (509) (197) (706)
    Loss on shareholder     transactions**** (18) (18) (4) (22)
    Other movements in     non- controlling interest** (139) (139)
At 31 March 2017 6 192 (160) (336) 1 205 6 901 218 7 119
* During the prior year the company issued 39 million shares to the Employee Share Option Plan for 1 cent per share.
** Included in these amounts are changes owing to acquisitions and disposals of equity held by non-controlling interests.
*** This amount relates to a disposal of equity interest in Alexander Forbes Limited to ARC.
**** During the year a subsidiary, Investment Solutions Holdings Limited, purchased the remaining 49.99% stake in Caveo Fund Solutions Proprietary Limited from a non-controlling interest.

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