4.4 Company statement of changes in equity

	Other components of equity
	Share capital Rm	Foreign currency translation Rm	Equity- settled Rm	Other Rm	Retained earnings Rm	Total equity Rm
At 31 December 2017	11 265	(2)	1 595	(2 366)	3 040	13 532
Adjustment on initial application of IFRS 9, net of tax					(29)	(29)
Adjusted balance at 1 January 2018	11 265	(2)	1 595	(2 366)	3 011	13 503
Total comprehensive loss					(76)	(76)
Loss for the year					(76)	(76)
Transactions with owners of the company			(82)	1 794	(7 838)	(6 126)
– Lapse of put option¹				1 794		1 794
– Share-based payments movement			(82)			(82)
– Dividends paid²					(7 838)	(7 838)

At 31 December 2018	11 265	(2)	1 513	(572)	(4 903)	7 301
Adjustment on initial application of IFRS 16, net of tax³					(1)	(1)
Adjusted balance at 1 January 2019	11 265	(2)	1 513	(572)	(4 904)	7 300
Total comprehensive income		2			7 356	7 358
– Profit for the year					7 356	7 356
– Other comprehensive income for the year⁴		2				2
Transactions with owners of the company			(458)	572	(8 308)	(8 194)
– Lapse of put option¹				572		572
– Share-based payments movement			(458)			(458)
– Dividends paid²					(8 308)	(8 308)

At 31 December 2019	11 265		1 055		(5 856)	6 464

¹	Exxaro derecognised its obligation to buy back its shares in terms of the put option issued to Eyesizwe which lapsed during 2019.
²	Refer note 5.6 for details of dividends paid.
³	Refer note 11.1 for details of the adjustment on initial application of IFRS 16.
⁴	Recycling of foreign currency translation reserve on deregistration of a foreign entity.

Exxaro report selector 2019