MTN Group Limited Integrated Report for the year ended 31 December 2013 - Company statement of changes in equity

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Company statement of changes in equity

for the year ended 31 December 2013

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	Share capital Rm	Share premium Rm	Retained earnings Rm	Reserves¹ Rm	Total Rm
Balance at 1 January 2012	*	45 608	(18 921)	1 662	28 349
Shares issued during the year	*	3	–	–	3
Shares cancelled	*	–	–	–	*
Total comprehensive income	–	–	10 493	–	10 493
Dividends declared	–	–	(15 023)	–	(15 023)
Balance at 31 December 2012	*	45 611	(23 451)	1 662	23 822
Balance at 1 January 2013	*	45 611	(23 451)	1 662	23 822
Shares issued during the year	*	5	–	–	5
Total comprehensive income	–	–	16 469	–	16 469
Dividends declared	–	–	(16 405)	–	(16 405)
Balance at 31 December 2013	*	45 616	(23 387)	1 662	23 891
Note	7	7

¹	Share-based payment reserve.
*	Amounts less than R1 million.