BUILDING LANDMARKS, CHARTING GROWTH
233
Annual Report 2015
NOTES TO THE FINANCIAL STATEMENTS
18 SHARE CAPITAL
Ordinary shares
31/12/2015
30/6/2014
’000
’000
Company
In issue at beginning of the period/year
382,871
382,871
Issuance of shares for initial acquisition
40,027,010
–
Share consolidation
(39,601,683)
–
808,198
382,871
Issuance of shares for subsequent adjustments and acquisition
844,338
–
Issuance of shares for acquisition of non-controlling interest without
change of control
2,932
–
In issue at end of the period/year
1,655,468
382,871
All issued ordinary shares are fully paid, with no par value. All shares rank equally with regard to the Company’s
residual assets.
The holders of ordinary shares are entitled to receive dividends as declared from time to time, and are entitled to one vote
per share at meeting of the Company.
19 RESERVES
Other reserves
Group
Company
31/12/2015
30/6/2014 31/12/2015
30/6/2014
$’000
$’000
$’000
$’000
Capital reserve
447,179
–
–
–
Fair value reserve
(134)
–
(109)
–
Equity compensation reserve
1,613
215
1,732
215
Premium on disposal to non-controlling interests
–
36
–
–
448,658
251
1,623
215
Capital reserve comprises mainly the difference between the paid up capital of the shares issued and the fair value of
the Target Assets acquired (see note 4) and reserve arising from the non-reciprocal capital contribution made to a non-
wholly owned subsidiary.
Fair value reserve comprises the cumulative net change in the fair value of available-for-sale financial assets until the
assets are derecognised or impaired.
Equity compensation reserve comprises the cumulative value of employee services received for the issue of the options
and shares under the share options.
