Summary Group statement of changes in equityfor the year ended 31 December 2025


   Note  2025
Rm 
   2024  
Restated1
Rm  
Balance at 1 January 2024 as previously reported          139 205 
Prior period error  19       (909) 
Restated balance at 1 January     122 727     138 296  
Total comprehensive income     28 602     (8 082) 
Profit/(loss) after tax     20 262     (9 369) 
Other comprehensive income after tax     8 340     1 287  
Transactions with owners of the Company             
Purchase of treasury shares     (513)    (1 237) 
Proceeds from sale of treasury shares – MTN Zakhele Futhi     3 433     –  
Recognition of non-controlling interest – MTN Zakhele Futhi     (2 610)    –  
MTN Uganda localisation          564  
MTN Ghana share localisation  18.1  (301)    (1 451) 
Dividends paid     (6 235)    (5 963) 
Transactions with non-controlling interest          (122) 
Other movements     (106)    722  
Attributable to equity holders of the Company     144 997     122 727  
Non-controlling interests     24 736     14 847  
Closing balance     169 733     137 574  
1 Restated, refer to note 19 for details on the restatement.