Online Annual Report 2009

Statement of changes in equity
as at 28 June 2009

  Share capital
Rm
Share
premium
Rm
Preference
shares
Rm
General
reserves
Rm
Retained profit
Rm
Total
Rm
Balance as at 30 June 2007 2.0 254.7 0.9 147.5 405.1
Profit for the year 1,149.1 1,149.1
Share trust loss (96.3) (96.3)
Dividends paid 0.2 (721.4) (721.2)
Realisation of prior year treasury shares 20.0 20.0
Treasury shares (10.0) (10.0)
Share-based payment reserve 2.8 2.8
Balance as at 30 June 2008 2.0 264.7 0.2 3.7 478.9 749.5
Profit for the year 557.9 557.9
Share trust loss (82.2) (82.2)
Dividends paid (883.4) (883.4)
Realisation of prior year treasury shares 12.0 12.0
Treasury shares (17.6) (17.6)
Share-based payment reserve 0.4 0.4
Balance as at 30 June 2009 2.0 259.1 0.2 4.1 71.2 336.6

The accounting policies are in line with the Massmart Group accounting policies. Refer to note 1 of the Group financial statements.

Annual Financial Statements

Group Financial Statements

Company Financial Statements