Summarised consolidated statement of changes in equity
FOR THE YEAR ENDED 31 JULY 2020
EXCEL DOWNLOADS| Figures in Rand thousand | Stated capital | Shares to be issued to vendors |
Other reserves |
Retained earnings/ (accumulated loss) |
Equity attributable to the owners of EOH Holdings Limited |
Non- controlling interests |
Total equity |
|
| Balance at 1 August 2018 | 3 443 223 | 809 975 | 663 122 | 1 002 714 | 5 919 034 | 17 788 | 5 936 822 | |
| Correction of error*** | – | (743 779) | – | 743 779 | – | – | – | |
| Restated balance at 1 August 2018 | 3 443 223 | 66 196 | 663 122 | 1 746 493 | 5 919 034 | 17 788 | 5 936 822 | |
| Restated (loss)/profit for the year*** |
– | – | – | (4 949 147) | (4 949 147) | 2 535 | (4 946 612) | |
| Other comprehensive income | – | – | (3 451) | – | (3 451) | – | (3 451) | |
| Issue of shares | 762 712 | (44 067) | – | – | 718 645 | – | 718 645 | |
| Non-controlling interest acquired | – | – | – | – | – | (300 448) | (300 448) | |
| Non-controlling interest disposed | – | – | – | – | – | 320 746 | 320 746 | |
| Movement in treasury shares | 33 686 | (12 703) | (53 714) | – | (32 731) | – | (32 731) | |
| Consideration – EOH shares forfeited | – | (21 957) | – | – | (21 957) | – | (21 957) | |
| Transfer within equity*# | – | 32 788 | – | (32 788) | – | – | – | |
| Share-based payments | – | – | 53 141 | 157 446 | 210 587 | – | 210 587 | |
| Correction of error*** | – | – | 83 499 | – | 83 499 | – | 83 499 | |
| Restated balance at 31 July 2019 | 4 239 621 | 20 257 | 742 597 | (3 077 996) | 1 924 479 | 40 621 | 1 965 100 | |
| Effect of adoption of new standard** | – | – | – | 30 327 | 30 327 | – | 30 327 | |
|---|---|---|---|---|---|---|---|---|
| Restated balance at 1 August 2019 | 4 239 621 | 20 257 | 742 597 | (3 047 669) | 1 954 806 | 40 621 | 1 995 427 | |
| Loss for the year | – | – | – | (1 620 721) | (1 620 721) | (6 093) | (1 626 814) | |
| Other comprehensive income | – | – | 158 153 | – | 158 153 | (3 143) | 155 010 | |
| Non-controlling interest disposed | – | – | – | – | – | 1 982 | 1 982 | |
| Movement in treasury shares | 10 598 | (4 957) | (10 781) | – | (5 140) | – | (5 140) | |
| Consideration – EOH shares forfeited | – | (12 116) | – | – | (12 116) | – | (12 116) | |
| Transfer within equity* | – | 12 116 | – | (12 116) | – | – | – | |
| Share-based payments: disposed entities | – | – | (13 392) | – | (13 392) | – | (13 392) | |
| Share-based payments | – | – | 48 285 | – | 48 285 | – | 48 285 | |
| Dividends declared | – | – | – | – | – | (3 743) | (3 743) | |
| Balance at 31 July 2020 | 4 250 219 | 15 300 | 924 862 | (4 680 506) | 509 875 | 29 624 | 539 499 | |
| Notes | 16 |
| * | Transfers within equity are transfers from shares to be issued to vendors for expired shares. |
| ** | Refer to note 5 – Changes in accounting policies for the impact of the adoption of IFRS 16. |
| *** | Refer to note 6 – Restatement of consolidated annual financial statements for the impact on profit or loss and equity. |
| # | Transfers between other reserves and retained earnings/(accumulated loss) of R111 million which had been done in the prior year have now been reversed to be consistent with current year IFRS 2 treatment of not releasing reserves to retained earnings for expired, unexercised options. |