FINANCIAL report

Our portfolio continued to deliver a resilient set of results despite the impact of a subdued macroeconomic environment, underpinned by our strong capital
allocation strategy.

R million	30 June 2023	30 June 2022
Balance at the beginning of the year	115 880	103 576
Total comprehensive income for the year	21 618	13 033
Dividends paid	(1 075)	(721)
Dividends in specie (Grindrod unbundling)	(1 629)	–
Transactions with non-controlling shareholders	1	(11)
Other movements	–	10
Business disposed	(11 308)	–
Businesses acquired	–	40
Long-term share incentive scheme reserve	(216)	90
Purchase of treasury shares by wholly owned subsidiary	(830)	(137)
Balance at the end of the year	122 441	115 880