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MultiChoice South Africa Holdings Proprietary Limited
Integrated annual report 2018
97
Summarised consolidated statements of
comprehensive income and changes in equity
for the year ended 31 March
Group
Company
2018
R’000
2017
R’000
2018
R’000
2017
R’000
Balance at the beginning
of the year
8 097 607
8 282 439
16 875 000
16 875 000
Profit for the year
7 789 306
6 827 779
6 500 000
6 500 000
Total other comprehensive
income, net of tax, for the year
(485 219)
(551 754)
–
–
Translation of foreign operations
–
(138)
–
–
Cash flow hedges
(608 623)
(697 463)
–
–
Revaluation of investments
(46 800)
(18 000)
–
–
Tax on other comprehensive
income
170 204
163 847
–
–
Share-based comprehensive
movement
(33 385)
39 143
–
–
Dividends paid to shareholders
(6 500 000)
(6 500 000)
(6 500 000)
(6 500 000)
Balance at the end of the year
8 868 309
8 097 607
16 875 000
16 875 000
Comprising:
Share capital and premium
17 216 270
17 216 270
16 875 000
16 875 000
Retained earnings
7 423 991
6 116 745
–
–
Share-based compensation
reserve
20 505
71 830
–
–
Existing control business
combination reserve*
(15 050 974)
(15 050 974)
–
–
Hedging reserve
(852 244)
(413 825)
–
–
Fair-value reserve
110 581
157 381
–
–
Foreign currency translation
reserve
180
180
–
–
Total
8 868 309
8 097 607
16 875 000
16 875 000
* May be reclassified.
Financial review
(continued)