FRONTLINE COVER FA 070606 CR2.indd

frontline technologies corporation ltd
annual report 2006 49
> consolidated statement of changes in equity
for the financial year ended 31 march 2006
Attributable to equity holders
of the Company
Issued and
Capital
paid-up Share Revenue Redemption Translation Minority Total
Note capital premium reserve reserve reserve interest Equity
$ $ $ $ $ $ $
Balance at
31 March 2004 40,995,380 43,477,795 1,712,219 50,000 (1,448,450) 4,342,769 89,129,713
Net profit for the year – – 5,154,394 – – 1,732,269 6,886,663
Issue of shares 206,868 383,722 – – – – 590,590
Acquisition of
a subsidiary – – – – – 10,529,988 10,529,988
Dividend 13 – – (3,279,630) – – – (3,279,630)
Translation differences – – – – (287,158) (221,876) (509,034)
Balance at
31 March 2005 41,202,248 43,861,517 3,586,983 50,000 (1,735,608) 16,383,150 103,348,290
Net profit for the year – – 7,293,056 – – 2,005,014 9,298,070
Acquisition of
additional shares
in a subsidiary – – – – – (3,254,494) (3,254,494)
Dividend 13 – – (3,955,416) – – – (3,955,416)
Translation differences – – – – (315,469) (785,463) (1,100,932)
Transfer to issued and
paid up capital 43,911,517 (43,861,517) – (50,000) – – –
Balance at 31 March 2006 85,113,765 – 6,924,623 – (2,051,077) 14,348,207 104,335,518
The accompanying notes form an integral part of these financial statements.