Summarised consolidated statement of changes in equity

for the year ended 30 September

  2019 
R million 
  2018 
R million 
 
Opening balance  10 612.5     9 681.1    
Adjustment to opening balance – adoption of new standards  (89.2)    –    
Net shares issued during the year  –     6.5    
Share-based payment (reversal)/expense  (5.9)    4.0    
Share grants exercised  –     (6.5)   
Treasury shares disposed  –     54.9    
Total comprehensive (expense)/income for the year  (2 307.4)    872.6    
Dividends paid  (0.1)    (0.1)   
Closing balance  8 209.9     10 612.5    
Comprising:             
Share capital  35.5     35.5    
Capital reserves  (76.1)    (70.3)   
   Share premium  268.9     268.9    
   Treasury shares  (515.7)    (515.8)   
   Share-based payments reserve  170.7     176.6    
Other reserves  (86.3)    200.0    
   Foreign currency translation reserve  1 368.9     1 569.6    
   Financial instruments hedging reserve  (10.8)    56.4    
   Recognised actuarial losses  (1 427.4)    (1 412.7)   
   Share of non-distributable reserves in associates and joint ventures  –     3.7    
   Other  (17.0)    (17.0)   
Retained earnings  9 059.2     9 975.1    
Shareholders' equity  8 932.3     10 140.3    
Non-controlling interests  (722.4)    472.2    
Total equity  8 209.9     10 612.5