Summarised Group Statement of Changes in Equity

audited results as at 31 May 2009

						Share-
	Share capital,			Foreign currency	Transaction with	based
	share premium and	Retained	Restructuring	translation	minority	payment	Minority	Total
	treasury shares	earnings	reserve	reserve	reserve	reserve	interest	equity
	audited	audited	audited	audited	audited	audited	audited	audited
	R’000	R’000	R’000	R’000	R’000	R’000	R’000	R’000
Balance as at 31 May 2007	2 079 533	63 867	(1 843 912)	4 188	(14 893)	-	129 238	418 021
Shares issued during the year	2 364 928	-	-	-	-	-	-	2 364 928
Share issue costs	(39 724)	-	-	-	-	-	-	(39 724)
Net profit for the year	-	180 891	-	-	-	-	26 901	207 792
Dividends	-	-	-	-	-	-	(998)	(998)
Minorities disposed of during the year	-	-	-	-	(883 671)	-	(146 294)	(1 029 965)
Exchange losses on translation of foreign operations	-	-	-	(1 636)	-	-	(474)	(2 110)
Balance as at 31 May 2008	4 404 737	244 758	(1 843 912)	2 552	(898 564)	-	8 373	1 917 944
Net profit for the year	-	390 547	-	-	-	-	(25 582)	364 965
Treasury shares purchased	(25 562)	-	-	-	-	-	-	(25 562)
Asset acquired for shares	-	-	-	-	-	1 231	-	1 231
Equity based compensation movements	-	-	-	-	-	9 371	195	9 566
Minorities acquired/(disposed of) during the year	-	-	-	-	(15 835)	-	3 458	(12 377
Exchange losses on translation of equity loans	-	-	-	(15 107)	-	-	-	(15 107)
Exchange losses on translation of foreign operations	-	-	-	(844)	-	-	4 304	3 460
Balance as at 31 May 2009	4 379 175	635 305	(1 843 912)	(13 399)	(914 399)	10 602	(9 252)	2 244 120