19.

Shares to be issued to vendors

Figures in Rand thousand 2019    2018   
Opening balance  809 975     1 013 809    
Current year acquisitions  –     219 561    
   New acquisitions: business combination  –     188 409    
   Acquisition of non-controlling interest  –     31 152    
Shares issued relating to profits warranted  (451 242)    (423 395)   
   Shares issued: business combinations  (43 611)    (120 979)   
   Shares issued: prior year equity-accounted investments  (454)    (17 084)   
   Transfer in equity: use of treasury shares  (12 703)    –    
   Transfer in equity for expired profit warrants  (372 517)    (210 783)   
   EOH shares forfeited: relating to disposals  (21 957)    (74 549)   
  358 733    809 975   

* The above balance is representative of 3 954 335 (2018: 5 241 568) shares that would be issued if 100% of future profits warranted are achieved.