Condensed consolidated statement of changes in equity for the

Six months

ended

30 June

2024

Reviewed

Rm

Six months 

ended 

30 June 

2023 

Restated1

Reviewed 

Rm 

Financial

year ended

31 December

2023

Audited

Rm

Opening balance at 1 January as previously reported

139 205 

116 601 

116 601 

Prior period error2

– 

(2 113)

(2 113)

Restated balance at 1 January

139 205 

114 488 

114 488 

Opening reserve adjustment for hyperinflation

– 

– 

22 057 

Total comprehensive income

(17 815)

12 527 

11 354 

Profit after tax

(7 390)

4 141 

4 092 

Other comprehensive income after tax

(10 425)

8 386 

7 262 

Transactions with owners of the Company

Share-based payment transactions

230 

427 

841 

Dividends declared

(5 963)

(5 963)

(5 963)

Purchase of treasury shares

(1 237)

(1 299)

(1 299)

MTN Ghana share localisation

(685)

– 

(511)

MTN Nigeria scrip dividend

– 

– 

(1 513)

Transaction with non-controlling interests

(122)

– 

– 

MTN Ghana scrip dividend

– 

– 

(284)

MTN Uganda localisation

564 

– 

– 

Other movements

29 

(9)

35 

Attributable to equity holders of the Company

114 206 

120 171 

139 205 

Non-controlling interests

7 760 

2 855 

10 978 

Closing balance

121 966 

123 026 

150 183 

Dividends declared during the period (cents per share)

330 

330 

330 

1 Restated, refer to note 20 for details on the restatement.
2 The opening balance impact of the prior period error was corrected in the Group’s results for the year ended 31 December 2023.