Summarised consolidated statement of changes in equity
| Audited year ended 30 June 2018 R’000 |
Audited year ended 30 June 2017 R’000 |
|
| Balance at beginning of the period | 2 379 053 | 1 563 582 |
|---|---|---|
| Share-based awards reserve | 3 501 | 2 096 |
| Distributions to shareholders | (166 313) | (144 138) |
| Net profit for the period | 253 858 | 113 891 |
| Transferred to conditional put option reserve | – | 45 906 |
| Conditional put option reserve (NOTE 6) | – | (45 906) |
| Profit attributable to minorities | 128 291 | 102 372 |
| Sanlam capital contribution (NOTE 9) | 55 874 | – |
| Conditional put option obligation reversal (NOTE 6) | – | 773 866 |
| Conditional put option obligation 2017 balance | – | 727 960 |
| Conditional put option finance obligation | – | 45 906 |
| Recognition of attributable non-controlling interest on Tendahealth, Klinnika and Essential Group | 17 171 | – |
| Distributions to non-controlling interests | (51 544) | (32 616) |
| Balance at end of the period | 2 619 891 | 2 379 053 |