48
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
STATEMENTS OF
CHANGES IN EQUITY
for the financial year ended 31 December 2014
Attributable to owners of the Company
Note
Share
capital
Treasury
shares
Capital
reserve
Fair
value
reserve
Other
reserves
Foreign
currency
translation
reserve
Accumulated
losses
Equity
attributable
to owners
of the
Company,
total
Non-
controlling
interests Total
$’000 $’000 $’000 $’000 $’000
$’000
$’000
$’000
$’000 $’000
Group
Opening balance at
1 January 2014
137,314 (1,885)
2,527
(4)
–
(373)
(100)
137,479
1,674 139,153
Loss for the year
–
–
–
–
–
–
(16,090)
(16,090)
(661) (16,751)
Other comprehensive income
Foreign currency translation
–
–
–
–
–
61
–
61
–
61
Share of other comprehensive
income of associates
–
–
–
–
–
(103)
–
(103)
–
(103)
Other comprehensive income
for the year, net of tax
–
–
–
–
–
(42)
–
(42)
–
(42)
Total comprehensive income
for the year
–
–
–
–
–
(42)
(16,090)
(16,132)
(661) (16,793)
Contributions by and
distributions to owners
Issuance of ordinary shares 25 14,738
–
–
–
–
–
–
14,738
– 14,738
Dividends on ordinary shares 31
–
–
–
–
–
–
(1,069)
(1,069)
– (1,069)
Total contributions by and
distributions to owners
14,738
–
–
–
–
–
(1,069)
13,669
– 13,669
Change in ownership interest
in subsidiary
Acquisition of non-controlling
interests
12
–
–
–
–
–
–
–
–
(449)
(449)
Premium paid on acquisition
of non-controlling interests 12
–
–
–
–
(177)
–
–
(177)
–
(177)
Total changes in ownership
interest in subsidiary
–
–
–
–
(177)
–
–
(177)
(449)
(626)
Total transactions with
owners in their capacity
as owners
14,738
–
–
–
(177)
–
(1,069)
13,492
(449)
13,043
Closing balance at
31 December 2014
152,052 (1,885)
2,527
(4)
(177)
(415)
(17,529)
134,839
564 135,403
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
