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 2015
152,052
(1,885)
2,527
(60,588)
92,106
Loss for the year,
representing total
comprehensive income
for the year
–
–
–
(7,603)
(7,603)
Contributions by and
distributions to owners
Purchase of
treasury shares
26
–
(21)
–
–
(21)
Total transactions
with owners in their
capacity as owners
–
(21)
–
–
(21)
Closing balance at
31 December 2015
152,052
(1,906)
2,527
(68,191)
84,482
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
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
50
STATEMENTS OF
CHANGES INEQUITY
For the financial year ended 31 December 2015
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
