Consolidated statement of changes in equity

FOR THE YEAR ENDED 31 JULY 2020

Figures in Rand thousand	Stated capital	Shares to be issued to vendors	Other reserves	Retained earnings/ (accumulated loss)	Equity attributable to the owners of EOH Holdings Limited	Non - controlling interests	Total equity
Balance at 1 August 2018	3 443 223	809 975	663 122	1 002 714	5 919 034	17 788	5 936 822
Correction of error***	–	(743 779)	–	743 779	–	–	–
Restated balance at 1 August 2018	3 443 223	66 196	663 122	1 746 493	5 919 034	17 788	5 936 822
Restated (loss)/profit for the year***	–	–	–	(4 949 147)	(4 949 147)	2 535	(4 946 612)
Other comprehensive income	–	–	(3 451)	–	(3 451)	–	(3 451)
Issue of shares	762 712	(44 067)	–	–	718 645	–	718 645
Non-controlling interest acquired	–	–	–	–	–	(300 448)	(300 448)
Non-controlling interest disposed	–	–	–	–	–	320 746	320 746
Movement in treasury shares	33 686	(12 703)	(53 714)	–	(32 731)	–	(32 731)
Consideration – EOH shares forfeited	–	(21 957)	–	–	(21 957)	–	(21 957)
Transfer within equity*^#	–	32 788	–	(32 788)	–	–	–
Share-based payments	–	–	53 141	157 446	210 587	–	210 587
Correction of error***	–	–	83 499	–	83 499	–	83 499
Restated balance at 31 July 2019	4 239 621	20 257	742 597	(3 077 996)	1 924 479	40 621	1 965 100
Effect of adoption of new standard**	–	–	–	30 327	30 327	–	30 327
Restated balance at 1 August 2019	4 239 621	20 257	742 597	(3 047 669)	1 954 806	40 621	1 995 427
Loss for the year	–	–	–	(1 620 721)	(1 620 721)	(6 093)	(1 626 814)
Other comprehensive income	–	–	158 153	–	158 153	(3 143)	155 010
Non-controlling interest disposed	–	–	–	–	–	1 982	1 982
Movement in treasury shares	10 598	(4 957)	(10 781)	–	(5 140)	–	(5 140)
Consideration – EOH shares forfeited	–	(12 116)	–	–	(12 116)	–	(12 116)
Transfer within equity*	–	12 116	–	(12 116)	–	–	–
Share-based payments: disposed entities	–	–	(13 392)	–	(13 392)	–	(13 392)
Share-based payments	–	–	48 285	–	48 285	–	48 285
Dividends declared	–	–	–	–	–	(3 743)	(3 743)
Balance at 31 July 2020	4 250 219	15 300	924 862	(4 680 506)	509 875	29 624	539 499
Notes	17	18	19

*	Transfers within equity are transfers from shares to be issued to vendors for expired shares.
**	Refer to note 2 – Changes in accounting policies for the impact of the adoption of IFRS 16.
***	Refer to note 3 – Restatement of consolidated annual financial statements for the impact on profit or loss and equity.
^#	Transfers between other reserves and retained earnings/(accumulated loss) of R111 million which had been done in the prior year have now been reversed to be consistent with current year IFRS 2 treatment of not releasing reserves to retained earnings for expired unexercised options.