Consolidated statement of changes in equity

Consolidated statement of changes in equity

for the year ended 31 March
 
                  Other comprehensive income      
Rm Notes Fully paid
share
capital		 Treasury
shares		 Forfeitable
share plan
reserve		 BBBEE
reserve1		 Retained
earnings		 Contingency reserve Disposal of interests in subsidiaries Foreign currency translation reserve Investment revaluation reserve Cash flow hedge reserve Equity attributable to owners of the parent Non-controlling interests Total equity
1 April 2008 * – – – 11 393 17 – (25) 17 – 11 402 404 11 806
Total comprehensive income – – – – 6 080 – – 374 (17) – 6 437 134 6 571
Net profit – – – – 6 089 – – – – – 6 089 103 6 192
Other comprehensive income 7 – – – – (9) – – 374 (17) – 348 31 379
Dividends 8 – – – – (5 200) – – – – – (5 200) (13) (5 213)
Business combinations 21 – – – – (4) – – – – – (4) 34 30
Share-based payment expense 16 – – – 1 382 – – – – – – 1 382 522 1 904
Transfer to contingency reserve 16 – – – – (4) 4 – – – – – – –
31 March 2009 * – – 1 382 12 265 21 – 349 – – 14 017 1 081 15 098
Total comprehensive income – – – – 4 196 – – (2 551) – – 1 645 (110) 1 535
Net profit – – – – 4 196 – – – – – 4 196 4 4 200
Other comprehensive income 7 – – – – – – – (2 551)2 – – (2 551) (114) (2 665)
Dividends 8 – – – – (1 631) – – – – – (1 631) (73) (1 704)
Repurchase of shares 15 – (422) – – – – – – – – (422) – (422)
Share-based payment expense 8,16 – – 24 105 – – – – – – 129 – 129
Transfer from contingency reserve 16 – – – – 2 (2) – – – – – – –
31 March 2010 * (422) 24 1 487 14 832 19 – (2 202) – – 13 738 898 14 636
Total comprehensive income – – – – 8 245 – – (559) – 53 7 739 (209) 7 530
Net profit – – – – 8 245 – – – – – 8 245 (266) 7 979
Other comprehensive income 7 – – – – – – – (559)2 – 53 (506) 57 (449)
Dividends 8 – – – – (5 212) – – – – – (5 212) (71) (5 283)
Partial disposal of interests in subsidiaries 21 – – – – – – 156 – – – 156 (60) 96
Repurchase of shares 15 – (962) – – – – – – – – (962) – (962)
Share-based payment expense 8,16 – – 98 65 – – – – – – 163 – 163
Transfer to contingency reserve 16 – – – – (1) 1 – – – – – – –
31 March 2011   * (1 384) 122 1 552 17 864 20 156 (2 761) – 53 15 622 558 16 180
Notes:
1. Broad-based black economic empowerment reserve. 
2. Includes foreign exchange losses of R350 million (2010: R848 million), net of tax, relating to foreign-denominated loans to subsidiaries classified as part of the net investments in these foreign operations. 
* Fully paid share capital of R100. 

© 2010 Vodacom (Pty) Limited.