Telkom AR front.qxp

144
Telkom Annual Report 2009
Consolidated statement of changes in equity
for the three years ended March 31, 2009
Attributable to equity holders of Telkom
Sharebased
Discon-
Treasury compen- Non-distri- tinued
Share Share share sation butable Retained opera- Minority Total
capital premium reserve reserve reserves earnings tions Total interest equity
Rm Rm Rm Rm Rm Rm Rm Rm Rm Rm
Balance at April 1, 2006 5,449 1,342 (1,809) 151 1,128 22,904 – 29,165 301 29,466
Total income and expense for the year 46 8,646 – 8,692 217 8,909
Profit for the year
Foreign currency translation reserve
– 8,646 – 8,646 203 8,849
(net of taxation of R4 million) (refer to note 25) 46 – – 46 14 60
Dividend declared (refer to note 35)
Transfer to non-distributable reserves
– (4,678) – (4,678) (166) (4,844)
(refer to note 25)
Shares vested and re-issued
239 (239) – – – –
(refer to note 24)
Increase in share-based compensation
35 (35) – – – – – –
reserve (refer to note 24)
Acquisition of subsidiaries and minorities
– 141 – – – 141 – 141
(refer to note 36)
Shares bought back and cancelled
– – – – – – (68) (68)
(refer to note 22) (120) (1,342) – – – (134) – (1,596) (1,596)
Balance at March 31, 2007 5,329 – (1,774) 257 1,413 26,499 – 31,724 284 32,008
Total income and expense for the year 529 7,975 – 8,504 226 8,730
Profit for the year
Revaluation of available-for-sale
– 7,975 – 7,975 197 8,172
investment (net of taxation of R1 million)
Foreign currency translation reserve
8 – – 8 – 8
(net of taxation of R6 million) (refer to note 25) 521 – – 521 29 550
Dividend declared (refer to note 35)
Transfer to non-distributable reserves
– (5,627) – (5,627) (65) (5,692)
(refer to note 25)
Increase in share-based compensation
11 (11) – – – –
reserve (refer to note 24)
Shares vested and re-issued
522 – – – 522 – 522
(refer to note 24)
Acquisition of subsidiaries and
136 (136) – – – – – –
minorities (refer to note 36)
Shares bought back and cancelled
– – – – – – 77 77
(refer to note 22) (121) – – – (1,526) – (1,647) – (1,647)
Minority put option – – – – (661) – – (661) – (661)
Balance at March 31, 2008 5,208 – (1,638) 643 1,292 27,310 – 32,815 522 33,337
Discontinued operations (4) – 4 – – –
Total income and expense for the year (181) 4,171 181 4,171 93 4,264
Profit for the year
Revaluation of available-for-sale
– 4,171 – 4,171 77 4,248
investment (net of taxation of R1 million)
Foreign currency translation reserve
– – (8) (8) – (8)
(net of taxation of R6 million) (refer to note 25) (181) – 189 8 16 24
Dividend declared (refer to note 35)
Transfer to non-distributable reserves
– (3,306) – (3,306) (33) (3,339)
(refer to note 25)
Increase in share-based compensation
(10) 10 – – – –
reserve (refer to note 24) 554 – – – 554 – 554
Shares vested and re-issued (refer to note 24) 121 (121) – – – – – –
Acquisition of subsidiaries and minorities
Shares bought back and cancelled
– – – 667 – 667 – 667
(refer to note 22) – – – – – – – –
Minority put option
Broad-based black economic
– – 661 – – 661 – 661
empowerment transaction in Vodacom – – – – 691 691 271 962
Balance at March 31, 2009 5,208 – (1,517) 1,076 1,758 28,852 876 36,253 853 37,106