Summary financial information

Consolidated statement of changes in equity

for the year ended 30 June 2017

  Ordinary 
shares 
Rm 
Share 
premium 
Rm 
Share- 
based 
payment 
reserve 
Rm 
Total 
share 
capital 
Rm 
Retained 
earnings 
Rm 
 
Balance at 30 June 2016  18  17 252  2 277  19 547  31 200   
Shares issued             
– Employee Share Ownership Programme    479    479     
Conversion option settlement    (79)   (79)    
Shares purchased – Long-term Incentive Plan    (38)   (38)    
Share-based compensation expense             
– Long-term Incentive Plan      91  91     
Total comprehensive income/(loss)         (8 218)  
– Profit/(loss) for the year          (8 220)  
– Other comprehensive income/(loss)         2   
Transaction with NCI             
Dividends             
Balance at 30 June 2017  18  17 614  2 368  20 000  22 982   
Balance at 30 June 2015  16  13 369  2 348  15 733  31 271   
Shares issued (note 14)       4 000  –   
– Ordinary share issue  3 998  –       
– Ordinary share issue transaction cost  –  (100) –  (100) –   
– Implats Share Incentive Scheme  –  –  –   
Shares purchased – Long-term Incentive Plan (note 14) –  (17) –  (17) –   
Share-based compensation expense (note 14            
– Long-term Incentive Plan  –  –  (71) (71) –   
Total comprehensive income/(loss) –  –  –  –  (71)  
– Profit/(loss) for the year  –  –  –  –  (70)  
– Other comprehensive income/(loss) –  –  –  –  (1)  
Dividends  –  –  –  –  –   
Balance at 30 June 2016  18  17 252  2 277  19 547  31 200   

      Attributable to:       
   Foreign 
currency 
translation 
reserve 
Rm 
Other 
components 
of equity 
Rm 
Owners 
of the 
Company 
Rm 
Non- 
controlling 
interest 
Rm 
Total 
equity 
Rm 
  
Balance at 30 June 2016  5 092  69  55 908  2 548  58 456    
Shares issued                   
– Employee Share Ownership Programme      479    479    
Conversion option settlement      (79)   (79)   
Shares purchased – Long-term Incentive Plan      (38)   (38)   
Share-based compensation expense              
– Long-term Incentive Plan      91    91    
Total comprehensive income/(loss) (1 347) 11  (9 554) (80) (9 634)   
– Profit/(loss) for the year  0  0  (8 220) 122  (8 098)   
– Other comprehensive income/(loss) (1 347) 11  (1 334) (202) (1 536)   
Transaction with NCI        11  11    
Dividends        (54) (54)   
Balance at 30 June 2017  3 745  80  46 807  2 425  49 232    
Balance at 30 June 2015  3 024  76  50 104  2 258  52 362    
Shares issued (note 14) –  –  4 000  –  4 000    
– Ordinary share issue                   
– Ordinary share issue transaction cost  –  –  (100) –  (100)   
– Implats Share Incentive Scheme  –  –  –    
Shares purchased – Long-term Incentive Plan (note 14) –  –  (17) –  (17)   
Share-based compensation expense (note 14             
– Long-term Incentive Plan  –  –  (71) –  (71)   
Total comprehensive income/(loss) 2 068  (7) 1 990  336  2 326    
– Profit/(loss) for the year  –  –  (70) 27  (43)   
– Other comprehensive income/(loss) 2 068  (7) 2 060  309  2 369    
Dividends  –  –  –  (46) (46)   
Balance at 30 June 2016  5 092  69  55 908  2 548  58 456    

The table above excludes the treasury shares, Morokotso Trust (ESOP) and the Implats Share Incentive Scheme as these structured entities are consolidated.

The notes on pages 15 to 22 are an integral part of these summarised financial statements.