| |
|
Audited |
|
Restated |
|
| |
|
31 Dec |
|
31 Dec |
|
| |
|
2008 |
|
2007 |
|
| |
|
Rm |
|
Rm |
|
| |
Total equity at the beginning of the year – |
|
|
|
|
| |
as previously disclosed |
3 397 |
|
1 055 |
|
| |
Change in accounting policy – borrowing costs |
- |
|
1 |
|
| |
Total equity at the beginning of the year – |
|
|
|
|
| |
restated |
3 397 |
|
1 056 |
|
| |
Changes in share capital and premium |
|
|
|
|
| |
Shares (including treasury shares) issued |
|
|
|
|
| |
during the year |
80 |
|
53 |
|
| |
Changes in reserves |
|
|
|
|
| |
Equity-settled share-based payment |
88 |
|
73 |
|
| |
Profit for the year |
7 208 |
|
3 181 |
|
| |
Foreign currency translation differences |
562 |
|
(51) |
|
| |
Movement in the revaluation of financial instruments |
4 |
|
2 |
|
| |
Dividends paid |
(3 819) |
|
(1 362) |
|
| |
Changes in minority interest |
|
|
|
|
| |
Profit for the year |
1 875 |
|
822 |
|
| |
Dividends paid |
(1 051) |
|
(383) |
|
| |
Movement in minority interest in reserves |
162 |
|
6 |
|
| |
Total equity at the end of the year |
8 506 |
|
3 397 |
|
| |
Comprising |
|
|
|
|
| |
Share capital and premium |
136 |
|
56 |
|
| |
Equity-settled share-based payment reserve |
343 |
|
255 |
|
| |
Foreign currency translation reserve |
564 |
|
2 |
|
| |
Cash flow hedge accounting reserve |
4 |
|
- |
|
| |
Retained earnings |
5 812 |
|
2 423 |
|
| |
Shareholders’ equity |
6 859 |
|
2 736 |
|
| |
– attributable equity holders of Kumba Iron Ore |
6 365 |
|
2 538 |
|
| |
– attributable to the minority interest in Sishen Iron Ore Company |
494 |
|
198 |
|
| |
Minority interest |
1 647 |
|
661 |
|
| |
Total equity |
8 506 |
|
3 397 |
|