Blu Label Unlimited Consolidated Financial Statements 2026 | Group statement of changes in equity


	Notes	Issued share capital and premium R’000	Retained earnings R’000	Other reserves R’000	Total ordinary shareholders’ equity R’000	Non- controlling interest R’000	Total equity R’000

Balance as at 1 June 2024		7 562 077	331 045	(2 883 438)	5 009 684	102 456	5 112 140
Profit for the year		–	2 484 243	–	2 484 243	(3 523)	2 480 720
Other comprehensive income		–	–	538	538	–	538
Total comprehensive income/(loss)		–	2 484 243	538	2 484 781	(3 523)	2 481 258
Acquisition of treasury shares	6.1	(1 202)	–	–	(1 202)	–	(1 202)
Equity compensation benefit scheme shares vested	6.2	19 332	–	(17 812)	1 520	(1 520)	–
Equity compensation benefit movement	5.2, 6.2	–	–	65 619	65 619	3 772	69 391
Dividends paid		–	–	–	–	(26 480)	(26 480)
Balance as at 31 May 2025		7 580 207	2 815 288	(2 835 093)	7 560 402	74 705	7 635 107
Loss for the year		–	(4 882 394)	–	(4 882 394)	196 734	(4 685 660)
Other comprehensive loss		–	–	(2 836)	(2 836)	–	(2 836)
Total comprehensive (loss)/income		–	(4 882 394)	(2 836)	(4 885 230)	196 734	(4 688 496)
Acquisition of treasury shares	6.1	(57)	–	–	(57)	–	(57)
Equity compensation benefit scheme shares vested	6.2	55 076	–	(53 500)	1 576	(1 576)	–
Equity compensation benefit movement	6.2	–	–	20 242	20 242	1 414	21 656
Transaction with non-controlling interest reserve movement	6.2	–	–	(414 128)	(414 128)	414 128	–
Non-controlling interest acquired	2.1	–	–	–	–	703 199	703 199
Non-controlling interest disposed of	2.1	–	–	–	–	(1 271 934)	(1 271 934)
Dividends paid		–	(398 000)	–	(398 000)	(10 235)	(408 235)
Balance as at 31 May 2026		7 635 226	(2 465 106)	(3 285 315)	1 884 805	106 435	1 991 240

Notes

Issued share

capital and

premium

R’000

Retained

earnings

R’000

Other

reserves

R’000

Total

ordinary

shareholders’

equity

R’000

Non-
controlling

interest

R’000

Total

equity

R’000

Balance as at 1 June 2024

7 562 077

331 045

(2 883 438)

5 009 684

102 456

5 112 140

Profit for the year

–

2 484 243

–

2 484 243

(3 523)

2 480 720

Other comprehensive income

–

538

–

538

Total comprehensive income/(loss)

–

2 484 243

538

2 484 781

(3 523)

2 481 258

Acquisition of treasury shares

6.1

(1 202)

–

(1 202)

–

(1 202)

Equity compensation benefit scheme shares vested

6.2

19 332

–

(17 812)

1 520

(1 520)

–

Equity compensation benefit movement

5.2, 6.2

–

65 619

3 772

69 391

Dividends paid

–

(26 480)

Balance as at 31 May 2025

7 580 207

2 815 288

(2 835 093)

7 560 402

74 705

7 635 107

Loss for the year

–

(4 882 394)

–

(4 882 394)

196 734

(4 685 660)

Other comprehensive loss

–

(2 836)

–

(2 836)

Total comprehensive (loss)/income

–

(4 882 394)

(2 836)

(4 885 230)

196 734

(4 688 496)

Acquisition of treasury shares

6.1

(57)

–

(57)

–

(57)

Equity compensation benefit scheme shares vested

6.2

55 076

–

(53 500)

1 576

(1 576)

–

Equity compensation benefit movement

6.2

–

20 242

1 414

21 656

Transaction with non-controlling interest reserve movement

6.2

–

(414 128)

414 128

–

Non-controlling interest acquired

2.1

–

703 199

Non-controlling interest disposed of

2.1

–

(1 271 934)

Dividends paid

–

(398 000)

–

(398 000)

(10 235)

(408 235)

Balance as at 31 May 2026

7 635 226

(2 465 106)

(3 285 315)

1 884 805

106 435

1 991 240

Group statement of changes in equity for the year ended 31 May 2026