140
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
APPENDIX
(i)
by way of purchases made entirely out of capital and held as treasury shares; and
(ii)
by way of purchases made entirely out of capital and cancelled, or as summarised for ease
of reference in the following table:
Purchased
out of:
Type of purchase
Held as Treasury
Shares or Cancelled
Maximum Price
per Share (S$)
1(A)
Capital
Market Purchase
Held as treasury shares
0.058
1(B)
Capital
Off-Market Purchase Held as treasury shares
0.066
2(A)
Capital
Market Purchase
Cancelled
0.058
2(B)
Capital
Off-Market Purchase Cancelled
0.066
on the audited financial statements of the Group for the financial year ended 31 December 2014,
are set out below:
(1)
Purchases made entirely out of capital and held as treasury shares
(A)
Market Purchases
Group
Before Share
Purchase
Group
After Share
Purchase
Company
Before Share
Purchase
Company
After Share
Purchase
S$’000
S$’000
S$’000
S$’000
As at 31 December 2014
Share capital
152,052
152,052
152,052
152,052
Capital and other reserves
1,931
1,931
2,527
2,527
Retained earnings
(17,259)
(17,259)
(60,588)
(60,588)
136,724
136,724
93,991
93,991
Treasury shares
(1,885)
(4,124)
(1,885)
(4,124)
Shareholders’ funds
134,839
132,600
92,106
89,867
Net tangible assets
134,760
132,521
92,031
89,792
Minority interests
564
564
–
–
Current assets
116,697
114,458
120,918
118,679
Current liabilities
32,814
32,814
36,929
36,929
Working capital
83,883
81,644
83,989
81,750
Number of issued Shares
1,282,853,962 1,244,368,344 1,282,853,962 1,244,368,344
Weighted average number of Shares
1,104,853,962 1,066,368,344 1,104,853,962 1,066,368,344
Financial ratios
Net tangible assets/Share (S$)
0.11
0.11
0.07
0.07
Current ratio (times)
3.56
3.49
3.27
3.21
Earnings per Share (cents)
(1.46)
(1.51)
(1.99)
(2.06)
