GROUP
Attributable
Equity
Foreign
to Equity
Ordinary Preference
Compen-
Currency
Accu-
Holders
Share
Share
Share
sation Translation
Hedging
mulated
of the
Minority
Total
Capital
Capital
Premium
Reserve
Reserve
Reserve
Profit
Company
Interest
Equity
R000
R000
R000
R000
R000
R000
R000
R000
R000
R000
Balance at 31 December 2003
as previously stated
356
–
83 171
–
(22 271)
–
547 696
608 952
7 428
616 380
IFRS adjustments
202
8 701
(4 477)
4 426
326
4 752
Operating lease adjustment
3 064
(17 516)
(14 452)
(394)
(14 846)
Restated balance
356
–
83 171
202
(10 506)
–
525 703
598 926
7 360
606 286
Share options exercised
6 146
6 146
6 146
Shares repurchased and cancelled
(89)
(83 286)
(22 771)
(106 146)
(106 146)
Conversion of ordinary shares
(258)
258
–
–
Share based payments
1 125
1 125
1 125
Foreign currency translation
adjustments
(81 234)
(81 234)
(81 234)
Financial instrument hedge
(49 725)
(49 725)
(49 725)
Minority interest acquired
–
(33)
(33)
Profit attributable to shareholders
546 190
546 190
717
546 907
Dividends paid
(81 960)
(81 960)
(81 960)
Balance at 31 December 2004
9
–
6 289
1 327
(91 740)
(49 725)
967 162
833 322
8 044
841 366
IAS 39 adjustment
(15 325)
(15 325)
(15 325)
Restated balance
9
–
6 289
1 327
(91 740)
(49 725)
951 837
817 997
8 044
826 041
Share options exercised
3 454
3 454
3 454
Shares repurchased and cancelled
(2 243)
(2 243)
(2 243)
Preference shares issued
2
499 998
500 000
500 000
Share issue expenses written off
(12 220)
(12 220)
(12 220)
Share based payments
1 464
1 464
1 464
Foreign currency translation
adjustments
(8 265)
(8 265)
59
(8 206)
Financial instrument hedge
(8 333)
(8 333)
(8 333)
Transfer to deferred taxation
612
612
612
Minority interest acquired
–
(620)
(620)
Profit attributable to shareholders
866 430
866 430
(730)
865 700
Dividends paid
(221 697)
(221 697)
(221 697)
Balance at 31 December 2005
9
2
495 278
2 791
(100 005)
(57 446) 1 596 570 1 937 199
6 753 1 943 952
ANALYSIS OF HOLDING COMPANY AND SUBSIDIARY INTERESTS
Holding company
9
2
556 394
2 791
832 166
1 391 362
Subsidiaries
(61 116)
–
(100 005)
(57 446)
764 404
545 837
9
2
495 278
2 791
(100 005)
1 937 199
COMPANY
Attributable
Equity
Foreign
to Equity
Ordinary Preference
Compen-
Currency
Accu-
Holders
Share
Share
Share
sation Translation
Hedging
mulated
of the
Capital
Capital
Premium
Reserve
Reserve
Reserve
Profit
Company
R000
R000
R000
R000
R000
R000
R000
R000
Balance at 31 December 2003
as previously stated
356
–
167 058
–
–
–
43 169
210 583
IFRS adjustment
202
202
Restated balance
356
–
167 058
202
–
–
43 169
210 785
Share options exercised
6 146
6 146
Shares repurchased and cancelled
(89)
(106 057)
(106 146)
Conversion of ordinary shares
(258)
258
–
Share based payments
1 125
1 125
Profit attributable to shareholders
270 097
270 097
Dividends paid
(81 960)
(81 960)
Balance at 31 December 2004
9
–
67 405
1 327
–
–
231 306
300 047
Share options exercised
3 454
3 454
Shares repurchased and cancelled
(2 243)
(2 243)
Preference shares issued
2
499 998
500 000
Share issue expenses written off
(12 220)
(12 220)
Share based payments
1 464
1 464
Profit attributable to shareholders
822 540
822 540
Dividends paid
(221 680)
(221 680)
Balance at 31 December 2005
9
2
556 394
2 791
–
–
832 166 1 391 362
Statement of Changes in Equity
for the year ended 31 December 2005
