Sanlam Limited – Statement of changes in equity

for the year ended 31 December 2010
 
R million Share
capital
Share
premium
Non-   
distributable   
reserve(1)
Retained
earnings
Total
equity
Balance at 1 January 2009
22 1 9 342   4 689 14 054
Profit for the year —   3 807 3 807
Other comprehensive income —  
Dividends paid —   (2 135) (2 135)
Shares cancelled —   (420) (420)
Balance at 31 December 2009
22 1 9 342   5 941 15 306
Profit for the year
—  
3 872
3 872
Other comprehensive income
—  
Dividends paid
—  
(2 208)
(2 208)
Shares cancelled
(1)
—  
(1 469)
(1 470)
Balance at 31 December 2010
21
1
9 342  
6 136
15 500
(1)Pre-acquisition reserve arising from the demutualisation of Sanlam Life Insurance Limited in 1998.