Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
Full integrated annual report - African Bank - Investoreports
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56<br />
<strong>African</strong> <strong>Bank</strong> Investments Limited<br />
Condensed group statement of changes in equity<br />
for the year ended 30 September 2011<br />
R million<br />
Share<br />
capital<br />
and<br />
premium<br />
Integrated <strong>report</strong> 2011 | <strong>African</strong> <strong>Bank</strong> Investments Limited<br />
Ordinary shares<br />
Retained<br />
earnings<br />
Sharebased<br />
payment<br />
reserve Other<br />
Preference<br />
share<br />
capital and<br />
premium Total<br />
Balance at 30 September 2009<br />
(audited) 9 151 2 436 597 (10) 483 12 657<br />
Dividends paid<br />
Transfer to share-based payment<br />
(1 488) (36) (1 524)<br />
reserve<br />
Transfer from insurance<br />
(208) 208<br />
contingency reserve<br />
Total comprehensive income for<br />
25 (25)<br />
the year<br />
Balance at 30 September 2010<br />
1 907 8 (205) 36 1 746<br />
(audited) 9 151 2 672 813 (240) 483 12 879<br />
Dividends paid (1 488) (32) (1 520)<br />
Issue of preference shares<br />
Loss incurred on group employees<br />
acquiring ABIL Share Trust shares<br />
236 236<br />
less dividends received<br />
Shares purchased into the ABIL<br />
Employee Share Trust less shares<br />
1 1<br />
issued to employees (cost)<br />
Transfer from share-based<br />
1 1<br />
payment reserve<br />
Transfer from insurance<br />
726 (726)<br />
contingency reserve<br />
Total comprehensive income for<br />
13 (13)<br />
the year<br />
Balance at 30 September 2011<br />
2 339 (6) 3 32 2 368<br />
(reviewed) 9 151 4 263 81 (249) 719 13 965<br />
Notes<br />
1. Treasury shares 30 Sept 2011 30 Sept 2010<br />
Treasury shares at cost R million 11 12<br />
Number of shares held million 0,5 0,5<br />
Average cost per share Rand 23,24 25,14<br />
2. Number of ordinary shares at 30 September 2011 Total Weighted Diluted<br />
Number of shares in issue at the beginning of the year 804 175 200 804 175 200 804 175 200<br />
Treasury shares on hand (473 415) (474 686) (474 686)<br />
Dilution as a result of outstanding options 65 838<br />
803 701 785 803 700 514 803 766 352
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