| 31. |
OTHER RESERVES
|
|
| Balance at 1 April 2018 |
|
(76) |
1 298 |
(2) |
(181) |
– |
(921) |
118 |
| Cash flow hedges |
|
– |
– |
2 |
– |
– |
– |
2 |
| Cash flow hedges fair value adjustments |
|
– |
– |
2 |
– |
– |
– |
2 |
| Deferred tax on cash flow hedges fair value adjustments |
|
– |
– |
– |
– |
– |
– |
– |
| Currency translation adjustments |
|
– |
– |
– |
169 |
– |
– |
169 |
| Balance at 31 March 2019 |
|
(76) |
1 298 |
– |
(12) |
– |
(921) |
289 |
| Cash flow hedges |
|
– |
– |
(21) |
– |
– |
– |
(21) |
| Cash flow hedges fair value adjustments |
|
– |
– |
(30) |
– |
– |
– |
(30) |
| Deferred tax on cash flow hedges fair value adjustments |
|
– |
– |
9 |
– |
– |
– |
9 |
| Currency translation adjustments |
|
– |
– |
– |
255 |
– |
– |
255 |
| Shareholder’s redemption provision(1) |
|
24 |
– |
– |
– |
– |
– |
24 |
| Share-based payments conversion |
|
– |
– |
– |
– |
35 |
– |
35 |
| Share-based payments charge |
|
– |
– |
– |
– |
17 |
– |
17 |
| Balance at 31 March 2020 |
|
(52) |
1 298 |
(21) |
243 |
52 |
(921) |
599 |
| (1) |
At 31 March 2019, a provision of R24 million was held relating to a dissenting shareholder exercising its rights in terms of section 164(14)(b)
of the Companies Act. On 12 June 2019, the High Court of South Africa (‘the Court’) ruled in the matter between Standard Bank Nominees
(RF) Proprietary Limited (‘Standard Bank Nominees’), The Standard Bank of South Africa Limited, Nedbank Collective Investments (RF)
Proprietary Limited, Nedgroup Investment Advisors Proprietary Limited and Hospitality, that shareholder appraisal rights had not been
properly exercised. |
|
