52
GRAND BANKS YACHTS LIMITED
ANNUAL REPORT
2016
Year ended 30 June 2016
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Share
capital
Share-based
compensation
reserve
Foreign
currency
translation
reserve
Accumulated
profits
Total
$’000
$’000
$’000
$’000
$’000
Group
At 1 July 2015
42,999
190
(25,283)
26,897
44,803
Total comprehensive income for
the year
Profit for the year
–
–
–
1,970
1,970
Other comprehensive income
Translation differences relating to financial
statements of foreign subsidiaries
–
–
(1,431)
–
(1,431)
Total other comprehensive income
–
–
(1,431)
–
(1,431)
Total comprehensive income for
the year
–
–
(1,431)
1,970
539
Transactions with owners,
recorded directly in equity
Share-based payments
–
133
–
–
133
Total transactions with owners
–
133
–
–
133
At 30 June 2016
42,999
323
(26,714)
28,867
45,475
The accompanying Notes form an integral part of these financial statements.
