66 / 128
64 Independence Group NL
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2016
Consolidated statement of changes in equity
For the year ended 30 June 2016
(continued)
Issued
capital
$'000
Accumulated
losses
$'000
Hedging
reserve
$'000
Share-
based
payments
$'000
Acquisition
reserve
$'000
Foreign
currency
translation
reserve
$'000
Total
equity
$'000
1 July 2015
737,324
(88,020)
-
13,057
3,142
(8)
665,495
Adjustment on adoption of
AASB 9 (net of tax)
-
1,036 (1,036)
-
-
-
-
Restated total equity at the
1 July 2015
737,324
(86,984)
(1,036)
13,057
3,142
(8)
665,495
Loss for the period
-
(58,770)
-
-
-
-
(58,770)
Other comprehensive income
Effective portion of
changes in fair value of
cash flow hedges, net of
tax
-
-
404
-
-
-
404
Total comprehensive
loss for the period
-
(58,770)
404
-
-
-
(58,366)
Transactions with
owners in their capacity
as owners:
Dividends paid
-
(12,786)
-
-
-
-
(12,786)
Share-based payments
expense
-
-
-
819
-
-
819
Issue of shares -
Employee Performance
Rights Plan
3,505
-
-
(3,505)
-
-
-
Shares issued on
acquisition of subsidiary
860,629
-
-
-
-
-
860,629
Balance at 30 June 2016
1,601,458 (158,540)
(632)
10,371
3,142
(8) 1,455,791
The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes.
Independence Group NL
36