Page 81 - Stellar IAR2015

13. EQUITY ATTRIBUTABLE TO THE OWNERS OF THE PARENTOrdinary share capitalWith e ect from 20 January 2015, the authorised ordinary share capital of the company was increased from 200 000 000 ordinary shares of no par value to 1 000 000 000 ordinary shares of no par value. On 19 November 2015, the authorised share capital of the Company was increased by a further 1 000 000 000 ordinary shares of no par value such that the Company had 2 000 000 000 authorised ordinary shares of no par value at the reporting date.During the year under review the Company issued a total of 824 509 803 ordinary shares.R’000Number of ordinary shares in issueIn issue at beginning of the periodIssue of shares for cashIssue of shares for acquisitions^Rights O erShare-based paymentShare consolidation (10-for-1)In issue at end of the periodLess : Shares of the Company acquired by Consolidated Subsidiaries Net shares in issueGroupCompany100 946 502 77 525 000 573 071 759 173 913 044 - -2015970 935 125 - - - 38 529 866 (908 518 489)100 946 502(432 221)20142014100 946 502 77 525 000 573 071 759 173 913 044 - -970 935 125 - - - 38 529 866 (908 518 489) 100 946 502 - 100 946 502925 456 305-925 456 305-925 456 305925 456 305Unissued ordinary shares are under the control of the directors in terms of a resolution of members passed at the last annual general meeting. This authority remains in force until the next annual general meeting.R’000Issued ordinary share capital Balance at beginning of the period Issue of shares for cashIssue of shares for acquisitions^ Rights O erCapitalisation of share issue costs Share-based paymentGroupCompany2015456 259155 050 1 146 144 400 000 (19 566) -100 514 28120142014452 839 - - - - 3 420 456 259452 839 - - - - 3 4202015456 259155 050 1 146 144 400 000 (19 566) -2 137 887^ During the year under review, the Company issued shares at an issue price of R2.00 per share in order to acquire investments which are accounted for at fair value through pro t or loss. The number of shares to be issued in respect of each transaction was determined by reference to the fair value of the respective investment acquired and was not adjusted for movements in the Company’s listed share price between the date of announcement and the date of issue. These transactions were accounted for in accordance with IFRS 2 Share Based Payments (IFRS 2). Refer to the Director’s Report for details of the shares issued during the year.R’000Reconciliation of cash received from issue of ordinary shares Monetary value of shares issued during the yearAdjusted for:Issue of shares for acquisitionsRights O er receivableShare issue costsR’000Treasury sharesBalance at beginning of the periodShares issued in terms of the forfeitable share plan vested during the periodOdd-allotment and speci c repurchaseDisposal of treasury shares by Consolidated SubsidiariesGroupGroup20142014CompanyCompany2014-- - - -2014-- - - -STELLAR CAPITAL PARTNERS | 7720152 137 8871 701 194(1 146 144) (88 998) (19 566)2015456 259-- - -1 701 194(1 146 144) (88 998) (19 566)2015446 4862015(4 032)-- 4 032(5 304)1 350 (78) --446 4862015-- - --(4 032)-