Statement of changes in equity for the year ended 24 June 2012

  Share capital
Rm
  Share premium
Rm
  Preference shares
Rm
  General reserves
Rm
  Retained profit
Rm
  Total
Rm
                       
Balance as at 30 June 2010 2.0   269.0   0.2   6.9   (32.7)   245.4
Total comprehensive income         1,968.4   1,968.4
Share trust loss         (140.2)   (140.2)
Dividends paid         (846.1)   (846.1)
Realisation of prior year treasury shares   7.4         7.4
Issue of shares   481.6         481.6
Treasury shares   (14.1)     (1.2)     (15.3)
Share-based payment reserve       (2.6)     (2.6)
                       
Balance as at 30 June 2011 2.0   743.9   0.2   3.1   949.4   1,698.6
                       
Total comprehensive income       0.2   757.3   757.5
Share trust loss         (127.0)   (127.0)
Dividends paid         (873.0)   (873.0)
Issue of shares 0.2     (0.1)       0.1
Treasury shares   6.7     1.2     7.9
Share-based payment reserve       4.0     4.0
                       
Balance as at 30 June 2012 2.2   750.6   0.1   8.5   706.7   1,468.1

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