Mondi Limited

Statements of changes in equity
for the year ended 31 December 2010
Group
Mondi Mondi
Total
attributable
to equity
Limited Limited holders of Nonshare
share Retained Other the parent controlling Total
R million capital premium earnings reserves1 company interests equity
At 1 January 2009 103 5,073 1,712 172 7,060 277 7,337
Dividends paid – – (135) – (135) (4) (139)
Total comprehensive income for the year
Issue of Mondi Limited shares
– – (76) 67 (9) 35 26
under employee share schemes
Purchases of treasury shares
– – 13 (13) – – –
(see note 26)
Share options exercised – Anglo
– – (8) – (8) – (8)
American share scheme – – (4) – (4) – (4)
Disposal of businesses (see note 30) – – 3 – 3 – 3
Other – – 5 14 19 4 23
At 31 December 2009 103 5,073 1,510 240 6,926 312 7,238
Dividends paid – – (157) – (157) (7) (164)
Total comprehensive income for the year
Issue of Mondi Limited shares under
– – 364 (149) 215 54 269
employee share schemes2 Purchases of treasury shares
– – 12 (6) 6 – 6
(see note 26)
Share options exercised – Anglo
– – (20) – (20) – (20)
American share scheme – – (1) – (1) – (1)
Reclassification – – (2) 6 4 (4) –
Other – – (12) 17 5 – 5
At 31 December 2010 103 5,073 1,694 108 6,978 355 7,333
Notes:
1 Other reserves are analysed further below.
2 The net amount of R6 million is a deferred tax asset for a future tax deduction available to the Group when the treasury shares are issued to share scheme participants.
Other reserves1 Group
Share- Cumulative Postbased
translation Cash flow retirement Nonpayment
adjustment hedge benefit Option distributable
R million reserve reserve reserve reserve reserve reserves Total
At 1 January 2009 18 (5) (18) 62 (54) 169 172
Total comprehensive income for the year – – 5 62 – – 67
Mondi share schemes’ charge
Issue of Mondi Limited shares under
10 – – – – – 10
employee share schemes
Issue of Mondi plc shares under
(13) – – – – – (13)
employee share schemes (1) – – – – – (1)
Non-controlling put option issued – – – – 5 – 5
At 31 December 2009 14 (5) (13) 124 (49) 169 240
Total comprehensive income for the year – – – (152) 3 – (149)
Mondi share schemes’ charge
Issue of Mondi Limited shares under
18 – – – – – 18
employee share schemes
Issue of Mondi plc shares under
(6) – – – – – (6)
employee share schemes (1) – – – – – (1)
Reclassification 6 – – – – – 6
At 31 December 2010
Note:
31 (5) (13) (28) (46) 169 108
1
All movements in other reserves are disclosed net of non-controlling interests. The movements in non-controlling interests as a direct result of the movements in other
reserves for the year ended 31 December 2010 are as follows – decrease in non-controlling interests related to total comprehensive income for the year of R2 million
(2009: increase of R4 million).
18 Annual report and accounts 2010