Sanlam Group statement of change in equity

for the year ended 31 December 2010
 
R million Share capital Share premium Treasury
shares
Non-distributable
reserve
Foreign
currency
translation
reserve
Discontinued
operations
Retained
earnings
Subtotal
equity
holders:
Consolidation
reserve
Total
equity:
holders
Minority
shareholders’
interest
Total equity
Balance at 1 January 2009 – restated
22 1 (4 142) 9 663 188 22 067 27 799 (539) 27 260 2 481 29 741
Comprehensive income (309) 4 388 4 079 4 079 539 4 618
Profit for the year 4 388 4 388 4 388 684 5 072
Other comprehensive income: movement in foreign currency translation reserve    (309) (309) (309) (145) (454)
Net (acquisition)/disposal of treasury shares(2) 942 (889) 53 67 120 (14) 106
Share-based payments 139 139 139 28 167
Transfer to non-distributable reserve 42 (42)
Transfer (from)/to consolidation reserve 31 31 (31)
Dividends paid(1) (1 954) (1 954) (1 954) (419) (2 373)
Acquisitions, disposals and other movements in interests (102) (102)
Balance at 31 December 2009 – restated
22 1 (3 200) 9 705 (121) 23 740 30 147 (503) 29 644 2 513 32 157
Comprehensive income (408) 5 523 5 115 5 115 883 5 998
Profit for the year 5 523 5 523 5 523 992 6 515
Other comprehensive income: movement in foreign currency translation reserve (408) (408) (408) (109) (517)
Net (acquisition)/disposal of treasury shares(2) (1) 376 (1 404) (1 029) (45) (1 074) (98) (1 172)
Share-based payments 191 191 191 32 223
Transfer from non-distributable reserve (2) 2
Transfer (from)/to consolidation reserve 4 4 (4)
Dividends paid(1) (2 096) (2 096) (2 096) (629) (2 725)
Acquisitions, disposals and other movements in interests (2) (2) (2) (93) (95)
Balance at 31 December 2010
21
1
(2 824)
9 703
(529)
25 958
32 330
(552)
31 778
2 608
34 386
(1) Dividend of 104 cents per share declared during 2010 (2009: 98 cents per share) in respect of the 2009 financial year.
(2) Includes movement in cost of shares held by subsidiaries and the share incentive trust.