MTN Group Limited Integrated Report for the year ended 31 December 2015

Group statement of changes in equity

for the year ended 31 December 2015

		Attributable to equity holders of the Company
	Note	Share capital Rm	Share premium Rm	Retained earnings Rm	Other reserves Rm	Total Rm	Non- controlling interests Rm	Total equity Rm
Balance at 1 January 2014		*	42 598	79 872	(5 991)	116 479	5 333	121 812
Total comprehensive income		–	–	32 079	2 960	35 039	5 631	40 670
Profit after tax		–	–	32 079	–	32 079	5 623	37 702
Other comprehensive income		–	–	–	2 960	2 960	8	2 968
Transactions with shareholders
Shares issued during the year		*	3	–	–	3	–	3
Shares cancelled		(*)	–	–	–	(*)	–	(*)
Settlement of vested equity rights		–	–	(209)	–	(209)	–	(209)
Share-based payment transactions		–	–	–	110	110	–	110
Dividends declared	8.3	–	–	(20 527)	–	(20 527)	(6 176)	(26 703)
Share buy-back		–	(2 422)	–	–	(2 422)	–	(2 422)
Other movements		–	–	90	(46)	44	137	181
Balance at 31 December 2014		*	40 179	91 305	(2 967)	128 517	4 925	133 442
Balance at 1 January 2015		*	40 179	91 305	(2 967)	128 517	4 925	133 442
Total comprehensive income		–	–	20 204	21 033	41 237	4 536	45 773
Profit after tax		–	–	20 204	–	20 204	3 366	23 570
Other comprehensive income		–	–	–	21 033	21 033	1 170	22 203
Transactions with shareholders
Shares cancelled		*()**	–	–	–	*()**	–	*()**
Treasury shares		*	69	–	–	69	–	69
Settlement of vested equity rights		–	–	(288)	–	(288)	–	(288)
Share-based payment transactions		–	–	–	532	532	–	532
Dividends declared	8.3	–	–	(23 506)	–	(23 506)	(4 172)	(27 678)
Transfer of profit		–	–	(127)	127	–	–	–
Share buy-back		*()**	–	–	–	*()**	–	*()**
Other movements		–	–	(62)	(130)	(192)	180	(12)
Balance at 31 December 2015		*	40 248	87 526	18 595	146 369	5 469	151 838
Note		8.1	8.1		8.2

* Amounts less than R1 million.