www.kingsgate.com.au
66
Financial Statements
www.kingsgate.com.au
Note
Contributed 
equity 
$’000
Reserves 
$’000
Retained 
profits 
$’000
Total 
$’000
Non-  
controlling 
interests 
$’000
Total equity 
$’000
Balance at 1 July 2011 482,874 (26,528) 143,468 599,814 7,109 606,923
(Loss) / profit after income tax – – 75,159 75,159 – 75,159
Total other comprehensive income for the year – 1,605 – 1,605 – 1,605
Total comprehensive income for the year 19b – 1,605 75,159 76,764 – 76,764
Transaction with owners in their capacity  
as owners:
Contributions of equity, net of transaction costs 18 2,068 – – 2,068 – 2,068
Institutional share placement 18 70,000 – – 70,000 – 70,000
Issue of ordinary shares related to Bowdens 
acquisition of subsidiaries and assets
18 30,000 – – 30,000 – 30,000
Issue of ordinary shares as part consideration 
for the settlement of a legal dispute
18 3,024 – – 3,024 – 3,024
Issue of ordinary shares related to loan facility 
repayment
18 11,652 – – 11,652 – 11,652
Dividends provided for or paid 22 – – (22,025) (22,025) – (22,025)
Movement in share-based payment reserve 19a – 8,919 – 8,919 – 8,919
Total transactions with owners 116,744 8,919 (22,025) 103,638 – 103,638
Total contribution by and distribution to 
owners of Kingsgate Consolidated Limited
599,618 (16,004) 196,602 780,216 7,109 787,325
Acquisition of non-controlling interests – (4,403) – (4,403) ( 7,10 9) (11,512)
Balance at 30 June 2012 599,618 (20,407) 196,602 775,813 – 775,813
Balance at 1 July 2012 599,618 (20,407) 196,602 775,813 – 775,813
(Loss) / Profit after income tax – – (323,726) (323,726) – (323,726)
Total other comprehensive income for the year – 40,364 – 40,364 – 40,364
Total comprehensive income for the year 19b – 40,364 (323,726) (283,362) – (283,362)
Transaction with owners in their capacity  
as owners:
Contributions of equity, net of transaction costs 18 4,374 – – 4,374 – 4,374
Issue of ordinary shares as part consideration 
for the settlement of a legal dispute
18 1,512 – – 1,512 – 1,512
Dividends provided for or paid 22 – – (22,739) (22,739) – (22,739)
Movement in share-based payment reserve 19a – (1,638) – (1,638) – (1,638)
Total transactions with owners 5,886 (1,638) (22,739) (18,491) – (18,491)
Balance at 30 June 2013 605,504 18,319 (149,863) 473,960 – 473,960
The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.
Statement of  
Changes in Equity
for the year ended 30 June 2013