19 | Other reserves | | |
| | Other reserves comprises of: | | |
| | Fair value movement of available-for-sale financial assets (a) | 4 | – |
| | Repurchase of equity interest (b) | 3 | – |
| | Equity component of convertible bond (c) | 277 | 277 |
| | Share-based payments (d) | 186 | 148 |
| | Total other reserves | 470 | 425 |
| | | | |
| | Fair value movement of available-for-sale financial assets | | |
| | Fair value movement – unrealised | 10 | – |
| | Realised portion reclassified through profit or loss | (6) | – |
| | Balance at end of year | 4 | – |
| | | | |
| | Repurchase of equity interest | | |
| | Equity reserve on issue of shares | 154 | – |
| | Shares issued | (151) | – |
| | Balance at end of year | 3 | – |
| | | | |
| | Equity component of convertible bond | | |
| | Balance at beginning and end of year | 277 | 277 |
| | | | |
| | Share-based payments | | |
| | At the beginning of the year | 148 | 126 |
| | Share-based payments expensed | 38 | 22 |
| | Balance at end of year | 186 | 148 |
| | | | | | | |
| | (a) | The balance of the fair value movement reserve represents the movement in the fair value of the available-for-sale financial assets. Refer to note 12 for details regarding the realised portion reclassified to profit or loss. | | |
| | | | |
| | (b) | The sale of 26% of the AVRD mining titles resulted in a R3 million repurchase of a call option (equity interest) by the company. Refer to note 15. | | |
| | | | | |
| | (c) | Equity component of bond. Refer to note 26(c) of the group financial statements. | | |
| | | | | |
| | (d) | Share-based payments. Refer to note 26(e) in the group financial statements | | |