50
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
Accumulated
losses
Total
equity
$’000 $’000 $’000
$’000
$’000
Company
Opening balance at
1 January 2014
137,314 (1,885)
2,527 (37,552)
100,404
Loss for the year, representing
total comprehensive income
for the year
–
–
– (21,967)
(21,967)
Contributions by and
distributions to owners
Issuance of ordinary shares
25
14,738
–
–
–
14,738
Dividends on ordinary shares
31
–
–
– (1,069)
(1,069)
Total transactions with owners
in their capacity as owners
14,738
–
– (1,069)
13,669
Closing balance at
31 December 2014
152,052 (1,885)
2,527 (60,588)
92,106
Opening balance at
1 January 2013
137,314 (1,885)
2,527 (32,860)
105,096
Loss for the year, representing
total comprehensive income
for the year
–
–
– (1,484)
(1,484)
Contributions by and
distributions to owners
Dividends on ordinary shares
31
–
–
– (3,208)
(3,208)
Total transactions with owners
in their capacity as owners
–
–
– (3,208)
(3,208)
Closing balance at
31 December 2013
137,314 (1,885)
2,527 (37,552)
100,404
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
