Company statement of changes in equity
for the year ended 31 December 2017
| Share capital Rm |
Share premium Rm |
Accumu– lated losses Rm |
Other reserves1 Rm |
Total Rm |
||
| Balance at 1 January 2016 | * | 40 502 | (23 633) | 1 662 | 18 531 | |
| Profit and total comprehensive income | – | – | 20 499 | – | 20 499 | |
| Transactions with shareholders | ||||||
| Shares cancelled | (*) | – | – | – | (*) | |
| Share buy-back from MTN Zakhele (note 8) | (*) | (3 462) | – | – | (3 462) | |
| Share-based payment transaction-MTN Zakhele Futhi transaction (note 8) | – | – | – | 5 034 | 5 034 | |
| Dividends declared# | – | – | (19 928) | – | (19 928) | |
| Other movements | – | – | 4 | 2 | 6 | |
| Balance at 31 December 2016 | * | 37 040 | (23 058) | 6 698 | 20 680 | |
| Balance at 1 January 2017 | * | 37 040 | (23 058) | 6 698 | 20 680 | |
|---|---|---|---|---|---|---|
| Profit and total comprehensive income | – | – | 13 315 | – | 13 315 | |
| Transactions with shareholders | ||||||
| Share-based payment transaction-MTN Zakhele Futhi transaction (note 8) | – | – | – | 921 | 921 | |
| Dividends declared# | – | – | (13 180) | – | (13 180) | |
| Balance at 31 December 2017 | * | 37 040 | (22 923) | 7 619 | 21 736 | |
| Note | 8 | 8 |
| 1 | Share-based payment reserve. |
| * | Amounts less than R1 million. |
| # | Refer to note 8.3 of the group financial statements for the dividends per share declared during the current and prior year. |