Annual integrated report 2016

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Shares
issued
R’000
Equity
value
R’000
Equity reconciliation
Issue of shares in respect of the acquisition of SA food interests 188 654 3 053 173
Issue of shares in respect of the acquisition of the included properties 52 585 851 028
Issue of shares in respect of the acquisition of treasury shares 94 155 1 523 815
Total 335 394 5 428 016
Headline earnings
as at June 30 2016
The following adjustments to profit attributable to shareholders were taken into account in the calculation of headline earnings:
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Financial
information
of Bidcorp
Audited
R’000
Excluded
assets
Pro forma
R’000
Issue of
shares
Pro forma
R’000
SA food
interests
Pro forma
R’000
Included
food
property and
corporate
Pro forma
R’000
Treasury
shares
Pro forma
R’000
Consolidation
entries
Pro forma
R’000
Bidcorp
Group
Pro forma
R’000
Profit attributable to shareholders of the
company 3 279 576 (1 960) – 141 224 21 017 – (9 146) 3 430 711
Impairment of property, plant and
equipment, intangible assets and
investments held-for-sale 156 126 – – – – – – 156 126
Investment held available-for-sale 119 076 – – – – – – 119 076
Property, plant and equipment 41 463 – – – – – – 41 463
Intangible assets 3 817 – – – – – – 3 817
Tax relief (8 230) – – – – – – (8 230)
Net (profit) loss on disposal of interests in
subsidiaries and disposal and closure of
businesses (34 804) – – 9 148 – – – (25 656)
(Profit) loss on disposal and closure of
business (35 818) – – 9 148 – – – (26 670)
Tax relief 1 014 – – – – – – 1 014
Net loss on disposal of property, plant and
equipment and intangible assets 11 499 – – – – – – 11 499
Property, plant and equipment 4 256 – – – – – – 4 256
Intangible assets 5 280 – – – – – – 5 280
Tax charge 1 963 – – – – – – 1 963
Impairment of associate 10 699 – – – – – – 10 699
Headline earnings 3 423 096 (1 960) – 150 372 21 017 – (9 146) 3 583 379
Equity reconciliation
as at June 30 2016
Page 144| Bidcorp Limited Annual integrated report 2016