Annual Report 2006
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Company statement of changes in equity

for the year ended 31 December 2006

 

 

Share

Share

 

capital

premium

 

Rm

Rm

Opening balance    
At 31 December 2004 3 2 809
Net gains not recognised in income statement1    
     
Share-based payment movement    
Financial instruments fair value    
movements recognised in equity    
     
Net profit1    
Dividends paid2    
Issue of share capital   132
Balance at 31 December 2005 3 2 941
Net gains not recognised in income statement1    
     
Share-based payment movement    
     
Net profit1    
Cash dividends paid2    
Share repurchase2    
Dividend in specie – fair value    
     
Dividend in specie – fair value adjustment    
Dividend in specie – net carrying amount    
     
Issue of share capital 1 2 371
Balance at 31 December 2006 4 5 312
       
 

Non-distributable reserves

 

 

 

Financial

 

 

 

 

instruments 

Equity-settled

Retained 

 

 

revaluation 

reserve

income 

Total

 

Rm 

Rm

Rm 

Rm 

Opening balance        
At 31 December 2004        
Net gains not recognised in income statement1 (2) 34 265  3 109  
  38   40  
Share-based payment movement   38   38  
Financial instruments fair value        
movements recognised in equity     2  
         
Net profit1     1 140  1 140  
Dividends paid2     (1 430) (1 430) 
Issue of share capital       132  
Balance at 31 December 2005   72 (25) 2 991  
Net gains not recognised in income statement1   711   711  
         
Share-based payment movement   711   711  
         
Net profit1     21 468  21 468  
Cash dividends paid2     (1 628) (1 628) 
Share repurchase2     (1 763)
(1 763) 
Dividend in specie – fair value     (18 332) (18 332) 
         
Dividend in specie – fair value adjustment     (18 329)
(18 329) 
Dividend in specie – net carrying amount     (3) (3) 
         
Issue of share capital       2 372  
Balance at 31 December 2006   783 (280) 5 819  
1 Total recognised gains and losses R22 179 million (2005: R1 180 million).
2 The STC on these dividends relate to R424 million (2005: R179 million).

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