Statements of changes in equity

FOR THE YEAR ENDED 31 MARCH 2008

                CONSOLIDATED
  ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY  
      Other non-   Fair       Share-      
  Issued   Equity   distributable   value   Retained   Treasury   holders’   Minority   Total  
R million capital   reserves   reserves   reserves   earnings   shares   equity   interest   equity  
2008                  
Balances at 1 April 8   20 155   1 931   5 003   20 072   (1 497)  45 672   755   46 427  
Total income accounted for   1 685   370   1 962   10 200     14 217   160   14 377  
Exchange rate adjustments   1 685   370     307     2 362     2 362  
Net fair value adjustments for the year       1 962       1 962     1 962  
Net income directly accounted for in equity   1 685   370   1 962   307     4 324     4 324  
Net profit for the year         9 893     9 893   160   10 053  
Dividends paid         (2 178)    (2 178)  (74)  (2 252) 
Increase of interest in subsidiary company     (391)        (391)  (269)  (660) 
Capital invested by minorities               58   58  
Transfer between reserves                  
     and other movements   (446)  (303)  12   775     38   15   53  
Change in reserves of associated companies                  
and joint ventures   (154)  (11)        (165)    (165) 
Transfer of retained income of                  
     associated companies and joint ventures   4 100   (25)    (4 075)    –     –  
Net purchase of shares by                  
The Remgro Share Trust           (18)  (18)    (18) 
Long-term share incentive scheme reserve     15         15   3   18  
Shares issued 37             37     37  
Balances at 31 March 45   25 340   1 586   6 977   24 794   (1 515)  57 227   648   57 875  
2007                  
Balances at 1 April 8   14 026   997   3 160   19 715   (412)  37 494   596   38 090  
Total income accounted for   3 594   910   1 843   7 476     13 823   185   14 008  
Exchange rate adjustments   3 594   907     534     5 035     5 035  
Net fair value adjustments for the year     3   1 843       1 846     1 846  
Net income directly accounted for in equity   3 594   910   1 843   534     6 881     6 881  
Net profit for the year         6 942     6 942   185   7 127  
Dividends paid         (3 748)    (3 748)  (65)  (3 813) 
Capital invested by minorities               30   30  
Transfer between reserves                  
     and other movements   (7)  17     (5)    5   6   11  
Change in reserves of associated companies   (824)          (824)    (824) 
Transfer of retained income                  
     of associated companies   3 366       (3 366)    –     –  
Purchase of shares by wholly                  
     owned subsidiary (treasury shares)           (1 031)  (1 031)    (1 031) 
Net purchase of shares by                  
The Remgro Share Trust           (54)  (54)    (54) 
Long-term share incentive scheme reserve     7         7   3   10  
Balances at 31 March 8   20 155   1 931   5 003   20 072   (1 497)  45 672   755   46 427  
                   
                     THE COMPANY
R million               2008   2007  
Balances at 1 April               2 361   2 787  
     Issued capital               8   8  
     Retained earnings               2 353   2 779  
Shares issued               37   –  
Net profit for the year               2 135   3 356  
Dividends paid               (2 233)  (3 782) 
Balances at 31 March               2 300   2 361