Basil Read Annual Report 2009 | Financial statement, Consolidated statement of comprehensive income statement

ANNUAL REPORT 2009
Milestones in time

Group profile Group at a glance Group timeline – five years Milestones in time Five year review Board Management Group structure Chairman’s statement Chief executive officer’s review Operational review

Financial director’s report Risk and opportunity management Corporate governance

Audit/risk committee report Sustainable development

Value added statement Financial statements Administration Shareholders’ diary

Consolidated statement of changes in equity

for the year ended 31 December 2009

	Share capital R’000	Treasury shares R’000	Foreign currency translation reserve* R’000	Fair value adjustment reserve R’000	Equity- settled share- based payment reserve R’000	Retained earnings R’000	Minority interest R’000	Total R’000
Balance at 1 January 2008	234 026	(72)	4 019	(11)	–	117 901	2 060	357 923
Movement in shares held by the trust	–	42	–	–	–	–	–	42
Issue of shares in terms of acquisition of subsidiary	52 617	–	–	–	–	–	–	52 617
Costs relating to the issue of shares	(36)	–	–	–	–	–	–	(36)
Consideration received for issue of shares in terms of private placement	179 636	–	–	–	–	–	–	179 636
Costs relating to the private placement	(79)	–	–	–	–	–	–	(79)
Transactions with minorities (refer note 42)	–	–	–	–	–	517	(517)	–
Total comprehensive income for the year	–	–	3 792	11	–	204 516	1 326	209 645
Share-based payment	–	–	–	–	30 493	–	440	30 933
Reallocate equity-settled share-based payment	–	–	–	–	(30 493)	30 493	–	–
Dividends paid	–	–	–	–	–	(37 820)	(788)	(38 608)
Balance at 31 December 2008	466 164	(30)	7 811	–	–	315 607	2 521	792 073
Movement in shares held by the trust	–	10	–	–	–	–	–	10
Issue of shares in terms of acquisition of subsidiary	485 136	–	–	–	–	–	–	485 136
Costs relating to the issue of shares	(2 613)	–	–	–	–	–	–	(2 613)
Formation of subsidiary	–	–	–	–	–	–	198	198
Transactions with minorities (refer note 42)	–	–	–	–	–	(128)	(849)	(977)
Total comprehensive income for the year	–	–	(5 054)	279	–	274 270	(2 710)	266 785
Share-based payment	–	–	–	–	9 612	–	78	9 690
Reallocate equity-settled share-based payment	–	–	–	–	(9 612)	9 612	–	–
Dividends paid	–	–	–	–	–	(50 148)	(450)	(50 598)
Balance at 31 December 2009	948 687	(20)	2 757	279	–	549 213	(1 212)	1 499 704
* The foreign currency translation reserve is the result of exchange differences arising from the translation of the group’s foreign operations to the group’s presentation currency, the Rand.