Skip to main content

29. Reconciliation of changes in equity

  Attributable to equity shareholders of the Company    
US$ million Total share capital(1) Retained earnings Share- based payment reserve Cumulative translation adjustment reserve Fair value and other reserves Minority interests Total equity
Balance at 1 January 2007 3,484 19,738 247 (38) 840 2,856 27,127
Total recognised income and expense 7,276 58 1,891 844 10,069
Dividends paid (1,527) (1,527)
Dividends paid to minority interests (757) (757)
Dividend in specie relating to Mondi demerger (3,718) (3,718)
Acquisition, disposal and demerger of businesses 41 (45) 112 (1,196) (1,088)
Issue of shares to minority interests 28 28
Group reinvestment of dividends in Anglo Platinum 86 86
Minority conversion of Anglo Platinum’s preference shares 45 (45)
Exercise of share options in Anglo Platinum 51 51
Share buybacks (6,167) (6,167)
Purchase of shares for share schemes (23) (23)
Share-based payment charges on equity settled schemes 156 156
Issue of shares under employee share schemes 131 (94) 37
Current tax on exercised employee share schemes 23 23
Cancellation of treasury shares (33) 33
IFRS 2 charges arising on BBBEE and BEE transactions 33 35 68
Other 3 (2) (3) (33) (35)
Balance at 1 January 2008 3,451 15,855 262 20 2,873 1,869 24,330
Total recognised income and expense 5,113 (4,097) (1,175) 487 328
Dividends paid (1,538) (1,538)
Dividends paid to minority interests (796) (796)
Acquisition and disposal of businesses (including issue of shares
to minority interests)
6 (45) (39)
Minority conversion of Anglo Platinum’s preference shares 6 (6)
Share buybacks (595) (595)
Purchase of shares for share schemes (88) (88)
Share-based payment charges on equity settled schemes 146 11 157
Issue of shares under employee share schemes 97 (70) 27
Current tax on exercised employee share schemes 10 10
Treasury shares issued in subsidiary entities 6 6
Other (45) (50) 34 15 (46)
Balance at 31 December 2008 3,451 18,827 288 (4,077) 1,732 1,535 21,756
(1)
Total share capital comprises called-up share capital of $738 million (2007: $738 million) and the share premium account of $2,713 million (2007: $2,713 million).

Fair value and other reserves comprise:

US$ million Available for sale reserve Cash flow hedge reserve Other reserves(1) Total fair value and other reserves
Balance at 1 January 2007 491 (422) 771 840
Total recognised income and expense 1,889 2 1,891
Acquisition, disposal and demerger of businesses (7) 116 3 112
Cancellation of treasury shares 33 33
Other (3) (3)
Balance at 1 January 2008 2,373 (304) 804 2,873
Total recognised income and expense (1,285) 110 (1,175)
Other 34 34
Balance at 31 December 2008 1,088 (194) 838 1,732
(1)
Other reserves comprise $689 million (2007: $689 million) legal reserve, $34 million (2007: nil) revaluation reserve and $115 million (2007: $115 million) capital redemption reserve.

Back to the top