Summarised consolidated statement of changes in equity
for the year ended
| Download (EXCEL) |
| Rand million | Audited 31 December 2016 |
Audited 31 December 2015 |
||
| Total equity at the beginning of the year | 25,167 | 27,001 | ||
|---|---|---|---|---|
| Changes in share capital and premium | ||||
| Treasury shares issued to employees under employee share incentive schemes | 197 | 180 | ||
| Purchase of treasury shares | (180) | – | ||
| Changes in reserves | ||||
| Equity-settled share-based payment | 513 | 469 | ||
| Vesting of shares under employee share incentive schemes | (197) | (180) | ||
| Total comprehensive income for the year | 8,442 | 592 | ||
| Dividends paid | – | (2,505) | ||
| Changes in non-controlling interest | ||||
| Total comprehensive income for the year | 2,469 | 290 | ||
| Dividends paid | – | (796) | ||
| Equity-settled share-based payment | 125 | 116 | ||
| Total equity at the end of the year | 36,536 | 25,167 | ||
| Comprising | ||||
| Share capital and premium (net of treasury shares) | (114) | (131) | ||
| Equity-settled share-based payment reserve* | 172 | 2,021 | ||
| Foreign currency translation reserve | 1,262 | 1,453 | ||
| Retained earnings | 26,530 | 15,977 | ||
| Shareholders’ equity | 27,850 | 19,320 | ||
| Attributable to the owners of Kumba | 27,850 | 18,534 | ||
| Attributable to non-controlling interest | – | 786 | ||
| Non-controlling interest | 8,686 | 5,847 | ||
| Total equity | 36,536 | 25,167 | ||
| Dividend (Rand per share) | ||||
| Interim | – | – | ||
| Final | – | – |
| * | The second phase of the employee share ownership scheme, Envision, unwound in November 2016. On vesting, the equity-settled share based payment reserve was reclassified to retained earnings. |