INTEGRATED ANNUAL
REPORT 2020

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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
for the year ended 31 March

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Attributable to equity holders of the company
Notes Ordinary
share
capital
and
premium
Rm
Other
reserves(1)
Rm
Retained
earnings
Rm
Total
attributable
to the
parent
Rm
Non-
controlling
interests
Rm
Total
equity
Rm
Balance at 1 April 2018 1 923 118 2 160 4 201 3 209 7 410
Total comprehensive income 171 (96) 75 21 96
Loss for the year (98) (98) 18 (80)
Cash flow hedges net of tax 2 2 1 3
Currency translation adjustment 169 169 2 171
Remeasurements of post-employment defined benefit liability net of tax 33 2 2 2
Issue of shares 2 719 2 719 2 719
Ordinary dividends (5) (5) (291) (296)
Balance at 31 March 2019 4 642 289 2 059 6 990 2 939 9 929
Change in accounting policy – adoption of IFRS 16 Leases(2) 1(b) (63) (63) (63)
Restated balance at 1 April 2019 4 642 289 1 996 6 927 2 939 9 866
Total comprehensive loss 234 (894) (660) (342) (1 002)
Loss for the year (896) (896) (329) (1 225)
Cash flow hedges, net of tax (21) (21) (14) (35)
Currency translation adjustment 255 255 1 256
Remeasurements of post-employment defined benefit liability net of tax 33 2 2 2
Shareholders’ redemption provision 24 24 24
Share-based payments conversion 37 35 35 35
Share-based payments charge 37 17 17 17
Ordinary dividends (245) (245)
Balance at 31 March 2020 4 642 599 1 102 6 343 2 352 8 695
(1) Refer note 31 for details of other reserves.
(2) Refer note 1(b).

The accounting policies and notes form an integral part of these consolidated financial statements.

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