COMPANY STATEMENT OF CHANGES IN EQUITY for the year ended 23 December 2012

  Share capital
Rm
  Share
premium
Rm
  Preference
shares
Rm
  General
reserves
Rm
  Retained
profit
Rm
  Total
Rm
Balance as at June 2011  2.0    743.9    0.2    3.1    949.4    1,698.6 
Total comprehensive income        0.2    757.3    757.5 
Profit for the period         757.3    757.3 
Other comprehensive income for the period       0.2      0.2 
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 June 2012  2.2    750.6    0.1    8.5    706.7    1,468.1 
Total comprehensive income        0.1    482.0    482.1 
Profit for the period         482.0    482.0 
Other comprehensive income for the period       0.1      0.1 
Share trust loss          (72.6)   (72.6)
Dividends paid          (330.3)   (330.3)
Treasury shares    1.5      0.3      1.8 
Share-based payment reserve        3.6      3.6 
Balance as at December 2012  2.2    752.1    0.1    12.5    785.8    1,552.7 
                       
Dividend/distribution per share (cents)   December 2012
  June 2012
Interim                    252.0 
Final *                  275.0    146.0 
Total                  275.0    398.0 

* Declared after the financial year-end
  • Details of the dividend can be found in note 10 in the Group Financial Statements.
  • With the exception of the accounting policies relevant to the basis of consolidation, the accounting policies are in line with the Massmart Group accounting policies. Refer to note 1 in the Group Financial Statements