(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$)
1(A)
Capital
Market Purchase
Held as treasury shares
0.038
1(B)
Capital
Off-Market Purchase Held as treasury shares
0.044
2(A)
Capital
Market Purchase
Cancelled
0.038
2(B)
Capital
Off-Market Purchase Cancelled
0.044
on the audited financial statements of the Group for the financial year ended 31 December 2015,
are set out below:
(1)
Purchases made entirely out of capital and held as treasury shares
(A)
Market Purchases
Group
Before Share
Purchase
Group
After Share
Purchase
Company
Before Share
Purchase
Company
After Share
Purchase
S$’000
S$’000
S$’000
S$’000
As at 31 December 2015
Share capital
152,052
152,052
152,052
152,052
Capital and other reserves
1,640
1,640
2,527
2,527
Retained earnings
(22,714)
(22,714)
(68,191)
(68,191)
130,978
130,978
86,388
86,388
Treasury share
(1,906)
(3,359)
(1,906)
(3,359)
Shareholders’ funds
129,072
127,619
84,482
83,029
Net tangible assets
128,980
127,527
84,393
82,940
Minority interests
264
264
–
–
Current assets
88,036
86,583
84,622
83,169
Current liabilities
14,771
14,771
15,152
15,152
Working capital
73,265
71,812
69,470
68,017
Number of issued Shares 1,274,185,662 1,235,960,093 1,274,185,662 1,235,960,093
Weighted average
number of Shares
1,274,380,666 1,236,155,097 1,274,380,666 1,236,155,097
Financial ratios
Net tangible
assets/Share (S$)
(1)
0.10
0.10
0.07
0.07
Current ratio (times)
(2)
5.96
5.86
5.58
5.49
Earnings per Share
(cents)
(3)
(0.43)
(0.44)
(0.60)
(0.62)
138
APPENDIX
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
