Notes to the summary annual financial statements as at 31 March 2023 2. Investment in associate continued 2023 ZAR’m 2022 Represented* ZAR’m Summary statement of nancial position Assets Non-current 13 737 13 835 Current 29 075 18 573 Assets held for sale 70 – Total assets 42 882 32 408 Liabilities Non-current 16 006 7 771 Current 13 698 11 940 Liabilities directly associated with assets held for sale 114 – Total liabilities 29 818 19 711 Total net assets 13 064 12 697 Equity reserves attributable to the company's equity holders 13 064 12 697 Reconciliation of equity reserves carrying amount Opening balance 12 697 11 534 Pro t for the year 4 869 7 272 Other comprehensive loss 1 644 (449) Share-based compensation movement (67) (55) Dividends declared (5 979) (5 979) Hedging reserve basis adjustment (100) 402 Transactions with non-controlling shareholders – (28) Closing balance 13 064 12 697 Group and company share (%) 25 25 Group and company share (ZAR) 3 266 3 174 * Comparative gures previously reported have been amended to re ect continuing operations prevailing for the year ended 31 March 2022. Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 27 Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information
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