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Company statement of changes in equity

for the year ended 31 March

  Notes   Share
capital and
premium
R'000
Share-
based
payment
reserve
R'000
Retained
earnings
R'000
Total
equity
R'000
 
Balance at 1 April 2014        17 557 721  399 434  459 507  18 416 662    
Profit for the year        –  –  3 958 211  3 958 211    
Ordinary dividends        –  –  (938 644) (938 644)   
Shares repurchased and cancelled  14     (2 672) –  (2 816 571) (2 819 243)   
Treasury shares acquired  14     (200 000) –  –  (200 000)   
Recognition of share-based payments        –  117 800  –  117 800    
Balance at 31 March 2015        17 355 049  517 234  662 503  18 534 786    
Profit for the year        –  –  891 790  891 790    
Transfer from share-based payment reserve                      
to retained earnings        –  (517 234) 517 234  –    
Ordinary dividends        –  –  (878 294) (878 294)   
Balance at 31 March 2016        17 355 049  –  1 193 233  18 548 282    

The notes on page 72 to page 81 form an integral part of these company financial statements.

The company’s accounting policies are included with the group’s accounting policies on page 11 to page 23.