Notes to the consolidated annual financial statements

for the year ended 30 September



			Share	Foreign				Equity
			capital	currency		Cash flow	Legal and	com-	Total
			and	translation	Revaluation	hedging	other	pensation	other
			premium	reserves	reserves	reserves	reserves	reserves	reserves
		Notes	Rm	Rm	Rm	Rm	Rm	Rm	Rm
14.	Consolidated statement of changes in equity
	Balance at 1 October 2005		1 397	1 037	32	(11)	348	56	1 462
	Movement on foreign currency translation reserve			1 832					1 832
	Increase in fair value of hedging instruments					125			125
	Increase in fair value of available for sale investments				18				18
	Deferred taxation charge directly to equity				(8)	(14)			(22)
	Other reserve movements
	Net income/(loss) recognised directly in equity			1 832	10	111			1 953
	Profit for the year
	Total recognised income and expense for the year			1 832	10	111			1 953
	Purchase of minority shareholding in subsidiaries
	Other reserve movements						26	20	46
	Dividends on ordinary shares	28
	Buy-back of shares	13	(1 160)
	Shares issued in current year	13	90
	Balance at 30 September 2006		327	2 869	42	100	374	76	3 461
	Changes in equity recognised during 2007
	Movement on foreign currency translation reserve			(229)					(229)
	Translation reserves realised on disposal of foreign subsidiaries			(284)					(284)
	Decrease in fair value of hedging instruments					(163)			(163)
	Decrease in fair value of available for sale investments				(22)				(22)
	Deferred taxation charge directly to equity					39			39
	Net actuarial losses on post-retirement benefit obligations
	Net (loss)/income recognised directly in equity			(513)	(22)	(124)			(659)
	Profit for the year
	Total recognised income and expense for the year			(513)	(22)	(124)			(659)
	Other reserve movements						(9)	16	7
	Dividends/capital distribution on ordinary shares	28	(226)
	Effect of Cement unbundling	13	(17)	6	(17)	(10)	(18)	(186)	(225)
	Shares issued in current year	13	139
	Balance at 30 September 2007		223	2 362	3	(34)	347	(94)	2 584
	Changes in equity recognised during 2008
	Movement on foreign currency translation reserve			934					934
	Translation reserves realised on disposal of foreign subsidiaries			(201)					(201)
	Decrease in fair value of hedging instruments					81			81
	Deferred taxation charge directly to equity					(20)			(20)
	Net actuarial losses on post-retirement benefit obligations
	Net income/(loss) recognised directly in equity			733		61			794
	Profit for the year
	Total recognised income and expense for the year			733		61			794
	Purchase of minority shareholding in subsidiaries
	Other reserve movements		(4)				55	(25)	30
	Dividends/capital distribution on ordinary shares	28
	Effect of Coatings unbundling
	BEE charge in terms of IFRS 2							337	337
	Shares issued in current year	13	23
	Balance at 30 September 2008		242	3 095	3	27	402	218	3 745

				Net		Attributable
				actuarial		to
				losses		Barloworld		Interest
				on post-	Total	Limited		of all
			Retained	retirement	retained	share-	Minority	share-
			income	benefits	income	holders	interest	holders
		Notes	Rm	Rm	Rm	Rm	Rm	Rm
14.	Consolidated statement of changes in equity
	Balance at 1 October 2005		9 127	(500)	8 627	11 486	644	12 130
	Movement on foreign currency translation reserve					1 832		1 832
	Increase in fair value of hedging instruments					125	14	139
	Increase in fair value of available for sale investments					18		18
	Deferred taxation charge directly to equity					(22)	(4)	(26)
	Other reserve movements		(53)	(55)	(108)	(108)	(18)	(126)
	Net income/(loss) recognised directly in equity		(53)	(55)	(108)	1 845	(8)	1 837
	Profit for the year		2 357		2 357	2 357	389	2 746
	Total recognised income and expense for the year		2 304	(55)	2 249	4 202	381	4 583
	Purchase of minority shareholding in subsidiaries						(34)	(34)
	Other reserve movements					46		46
	Dividends on ordinary shares	28	(995)		(995)	(995)	(300)	(1 295)
	Buy-back of shares	13				(1 160)		(1 160)
	Shares issued in current year	13				90		90
	Balance at 30 September 2006		10 436	(555)	9 881	13 669	691	14 360
	Changes in equity recognised during 2007
	Movement on foreign currency translation reserve					(229)		(229)
	Translation reserves realised on disposal of foreign subsidiaries					(284)		(284)
	Decrease in fair value of hedging instruments					(163)		(163)
	Decrease in fair value of available for sale investments					(22)		(22)
	Deferred taxation charge directly to equity					39		39
	Net actuarial losses on post-retirement benefit obligations			(54)	(54)	(54)		(54)
	Net (loss)/income recognised directly in equity			(54)	(54)	(713)		(713)
	Profit for the year		2 270		2 270	2 270	289	2 559
	Total recognised income and expense for the year		2 270	(54)	2 216	1 557	289	1 846
	Other reserve movements		2		2	9		9
	Dividends/capital distribution on ordinary shares	28	(2 059)		(2 059)	(2 285)	(344)	(2 629)
	Effect of Cement unbundling	13	(1 706)		(1 706)	(1 948)	(556)	(2 504)
	Shares issued in current year	13				139		139
	Balance at 30 September 2007		8 943	(609)	8 334	11 141	80	11 221
	Changes in equity recognised during 2008
	Movement on foreign currency translation reserve					934		934
	Translation reserves realised on disposal of foreign subsidiaries					(201)		(201)
	Decrease in fair value of hedging instruments					81		81
	Deferred taxation charge directly to equity					(20)		(20)
	Net actuarial losses on post-retirement benefit obligations			(96)	(96)	(96)		(96)
	Net income/(loss) recognised directly in equity			(96)	(96)	698		698
	Profit for the year		1 232		1 232	1 232	14	1 246
	Total recognised income and expense for the year		1 232	(96)	1 136	1 930	14	1 944
	Purchase of minority shareholding in subsidiaries						136	136
	Other reserve movements		53		53	79	(16)	63
	Dividends/capital distribution on ordinary shares	28	(614)		(614)	(614)	(8)	(622)
	Effect of Coatings unbundling		(48)		(48)	(48)	(21)	(69)
	BEE charge in terms of IFRS 2					337		337
	Shares issued in current year	13				23		23
	Balance at 30 September 2008		9 566	(705)	8 861	12 848	185	13 033

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