Statement of changes in equityfor the year ended 31 December

R'000  Share capital 
and premium
 
Retained 
income/ 
(accumulated 
loss)
Total equity 
Group 
Balance at 1 January 2023  1 288 876  3 041 413  4 330 289 
Total comprehensive income for the year  –  1 752 964  1 752 964 
Dividends  –  (824 712) (824 712)
Balance at 1 January 2024  1 288 876  3 969 665  5 258 541 
Total comprehensive income for the year  –  667 207  667 207 
Dividends  –  (1 049 633) (1 049 633)
Balance at 31 December 2024  1 288 876  3 587 239  4 876 115 
Note  14 
Company 
Balance at 1 January 2023  1 288 876  (332 100) 956 776 
Total comprehensive income for the year  –  799 480  799 480 
Dividends  –  (824 712) (824 712)
Balance at 1 January 2024  1 288 876  (357 332) 931 544 
Total comprehensive income for the year  –  1 021 169  1 021 169 
Dividends  –  (1 049 633) (1 049 633)
Balance at 31 December 2024  1 288 876  (385 796) 903 080 
Note  14 

Refer to note 38 for total dividends declared for the year.