Ecowise Annual Report 2007 - ecoWise Holdings Limited

StatementS ofChanges In EquityYear Ended 31 October 2007Company:RetainedShare-based earnings/Share compensation (Accumulated TotalCapital premium reserves losses) equity$’000 $’000 $’000 $’000 $’000Current Year:Opening balance at 1 November 2006 8,729 – 9 961 9,699Items of Income Recognised Directly in Equity:Profit for the Year – – – 2,597 2,597Total Recognised Income for the Year – – – 2,597 2,597Other Movements in Equity:Issue of Share Capital (Note 21) 140 – – – 140Share-based compensation (Note 12) – – 812 – 812Equity Share Options Exercised (Note 12 and 21) 37 – (37) – –Dividends (Note 26) – – – (3,333) (3,333)Total Other Movements in Equity: 177 – 775 (3,333) (2,381)Closing Balance at 31 October 2007 8,906 – 784 225 9,915Previous Year:Opening balance at 1 November 2005 6,206 2,003 2 (3,859) 4,352Items of Income Recognised Directly in Equity:Profit for the Year – – – 4,820 4,820Total Recognised Income for the Year – – – 4,820 4,820Other Movements in Equity:Issue of Share Capital (Note 21) 520 – – – 520Equity Share Options (Note 12) – – 7 – 7Transfer (Note 21) 2,003 (2,003) – – –Total Other Movements in Equity: 2,523 (2,003) 7 – 527Closing Balance at 31 October 2006 8,729 – 9 961 9,699(a) Unrealised and not available for distribution as cash dividends.(a)(a)The accompanying notes form an integral part of these financial statements43