Statement of changes in equity

for the year ended 28 February 2009

	Attributable to Altron equity holders
			Foreign	Premium/
	Share		currency	discount on
	capital and	Treasury	translation	minority equity
	premium	shares	reserve	transactions
	(note 10)	(note 10)	(note 11)	(note 11)
Group	R millions	R millions	R millions	R millions
Balance at 28 February 2007	835	(299)	74	(93)
Recognised income and expense
Profit for the year	—	—	—	—
Foreign currency translation differences	—	—	106	—
Release of foreign currency translation deficits on disposal	—	—	4	—
Cash flow hedging reserve	—	—	—	—
Fair value adjustments on available-for-sale investments	—	—	—	—
Transactions with shareholders
Dividends	—	—	—	—
Issue of share capital	1 375	—	—	—
Share-based payments	—	—	—	—
Changes in shareholding of subsidiaries	—	—	—	(1 262)
Balance at 29 February 2008	2 210	(299)	184	(1 355)
Recognised income and expense
Profit for the year	—	—	—	—
Foreign currency translation differences	—	—	33	—
Fair value adjustment of joint venture on step acquisition	—	—	—	—
Cash flow hedging reserve	—	—	—	—
Statutory reserves of foreign subsidiaries	—	—	—	—
Fair value adjustments on available-for-sale investments	—	—	—	—
Transactions with shareholders
Dividends	—	—	—	—
Issue of share capital	18	—	—	—
Share-based payments	—	—	—	—
Subscription by minority shareholders on acquisition of subsidiary	—	—	—	—
Minority interest on acquisition of subsidiaries	—	—	—	—
Net subscription for 22% minority interest in Bytes SA	—	—	—	—
Changes in shareholding of subsidiaries	—	—	—	(28)
Balance at 28 February 2009	2 228	(299)	217	(1 383)

		Share-
	Cash flow	based
	hedging	payment	Statutory	Fair value
	reserve	reserve	reserves	reserve
	(note 11)	(note 11)	(note 11)	(note 11)
Group	R millions	R millions	R millions	R millions
Balance at 28 February 2007	—	21	9	35
Recognised income and expense
Profit for the year	—	—	—	—
Foreign currency translation differences	—	—	—	—
Release of foreign currency translation deficits on disposal	—	—	—	—
Cash flow hedging reserve	(1)	—	—	—
Fair value adjustments on available-for-sale investments	—	—	—	8
Transactions with shareholders
Dividends	—	—	—	—
Issue of share capital	—	—	—	—
Share-based payments	—	23	—	—
Changes in shareholding of subsidiaries	—	—	—	—
Balance at 29 February 2008	(1)	44	9	43
Recognised income and expense
Profit for the year	—	—	—	—
Foreign currency translation differences	—	—	—	—
Fair value adjustment of joint venture on step acquisition	—	—	—	54
Cash flow hedging reserve	(14)	—	—	—
Statutory reserves of foreign subsidiaries	—	—	59	—
Fair value adjustments on available-for-sale investments	—	—	—	(18)
Transactions with shareholders
Dividends	—	—	—	—
Issue of share capital	—	—	—	—
Share-based payments	—	14	—	—
Subscription by minority shareholders on acquisition of subsidiary	—	—	—	—
Minority interest on acquisition of subsidiaries	—	—	—	—
Net subscription for 22% minority interest in Bytes SA	—	—	—	—
Changes in shareholding of subsidiaries	—	—	—	—
Balance at 28 February 2009	(15)	58	68	79

	Retained
	earnings			Minority	Total
	(note 11)	Total		interest	equity
Group	R millions	R millions		R millions	R millions
Balance at 28 February 2007	2 946	3 528		1 218	4 746
Recognised income and expense
Profit for the year	1 019	1 019		300	1 319
Foreign currency translation differences	—	106		27	133
Release of foreign currency translation deficits on disposal	—	4		3	7
Cash flow hedging reserve	—	(1)		—	(1)
Fair value adjustments on available-for-sale investments	—	8		—	8
Transactions with shareholders
Dividends	(331)	(331)		(164)	(495)
Issue of share capital	—	1 375		—	1 375
Share-based payments	—	23		5	28
Changes in shareholding of subsidiaries	—	(1 262)		(512)	(1 774)
Balance at 29 February 2008	3 634	4 469		877	5 346
Recognised income and expense
Profit for the year	835	835		314	1 149
Foreign currency translation differences	—	33		5	38
Fair value adjustment of joint venture on step acquisition	—	54		—	54
Cash flow hedging reserve	—	(14)		(1)	(15)
Statutory reserves of foreign subsidiaries	(59)	—		—	—
Fair value adjustments on available-for-sale investments	—	(18)		—	(18)
Transactions with shareholders
Dividends	(490)	(490)		(155)	(645)
Issue of share capital	—	18		1	19
Share-based payments	—	14		3	17
Subscription by minority shareholders on acquisition of subsidiary	—	—		79	79
Minority interest on acquisition of subsidiaries	—	—		142	142
Net subscription for 22% minority interest in Bytes SA	—	—		155	155
Changes in shareholding of subsidiaries	—	(28)		7	(21)
Balance at 28 February 2009	3 920	4 873		1 427	6 300