2020 INTEGRATED REPORT

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY for the year ended 31 December 2020 Accumulated Revaluation Non- controlling funds reserve interest Total Note R’m R’m R’m R’m Group Balance at 1 January 2019 299 50 11 360 Transfer to DPF liability 12.2 – (8) – (8) Total comprehensive (loss)/income for the year (5) 0.3 (8) (13) Deficit for the year (5) – (8) (13) Other comprehensive income for the year – 0.3 – 0.3 Balance at 31 December 2019 294 42 3 339 Transfer from DPF liability 12.2 – 1 – 1 Total comprehensive income/(loss) for the year 26 (13) (14) (1) Surplus/(deficit) for the year 26 – (14) 12 Other comprehensive loss for the year – (13) – (13) Balance at 31 December 2020 320 30 (11) 339 The Discretionary Participation Features (DPF) liability relates to the PPS Profit-Share Accounts. 126 | PPS INTEGRATED REPORT 2020