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2011 Annual Report (3 April 2012) - Grange Resources

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Statement of Changes in Equity<br />

For the Year Ended 31 December <strong>2011</strong><br />

<strong>2011</strong> ANNUAL REPORT<br />

49<br />

Contributed Retained Non-controlling<br />

equity Reserves earnings interests TOTAL<br />

Consolidated $’000 $’000 $’000 $’000 $’000<br />

Balance at 1 January <strong>2011</strong> 328,912 2,955 231,192 - 563,059<br />

Profit for the year - - 216,567 - 216,567<br />

Total comprehensive income / (loss) for the year - - 216,567 - 216,567<br />

Transactions with owners in<br />

their capacity as owners<br />

Dividends paid (23,078) (23,078)<br />

Employee share options and rights 665 86 - - 751<br />

665 86 (23,078) - (22,327)<br />

Balance at 31 December <strong>2011</strong> 329,577 3,041 424,681 - 757,299<br />

Balance at 1 July 2010 328,812 2,855 145,951 (452) 477,166<br />

Profit for the period - - 85,241 - 85,241<br />

Exchange differences on translation<br />

of foreign operations - (226) - - (226)<br />

Total comprehensive income / (loss) for the period - (226) 85,241 - 85,015<br />

Transactions with owners in<br />

their capacity as owners<br />

Disposal of non-controlling interest - - - 452 452<br />

Employee share options and rights 100 326 - - 426<br />

100 326 - 452 878<br />

Balance at 31 December 2010 328,912 2,955 231,192 - 563,059<br />

The above statements of changes in equity should be read in conjunction with the accompanying notes<br />

DirectorS’ <strong>Report</strong><br />

Financial Statements<br />

Shareholder information

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