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 190 936 3 053 173
Issue of shares in respect of the acquisition of the included properties 49 163 786 154
Issue of shares in respect of the acquisition of treasury shares 95 295 1 523 815
Total 335 394 5 363 142
Headline earnings
as at June 30 2015
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
Historical
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
Profit attributable to shareholders of the company 2 514 858 (908) – 203 002
Net impairments 89 746 – – –
Property, plant and equipment 5 149 – – –
Intangible assets 113 137 – – –
Tax relief (28 540) – – –
Net profit on disposal of interests in subsidiaries and disposal and
closure of businesses (961) – – –
Profit on disposal and closure (1 373) – – –
Tax charge 412 – – –
Net profit on disposal of property, plant and equipment and
intangible assets (104 004) – – –
Property, plant and equipment (139 444) – – –
Tax charge 35 440 – –
Headline earnings 2 499 639 (908) – 203 002
Equity reconciliation
as at June 30 2015
Annexure C – pro forma information
Page 156| Bidcorp Limited Annual integrated report 2016