CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY 
 
 
 
The accompanying notes are an integral part of these consolidated financial statements 
 
 
 
 
 
Issued 
Capital 
US$’000 
 
Share 
Option 
Reserve 
US$’000 
Foreign 
Currency 
Translation 
Reserve 
US$’000 
 
 
Retained 
Earnings 
US$’000 
 
 
 
Total 
US$’000 
      
Balance at 31 December 2012     58,694         4,045        (1,095)      90,172     151,816 
Profit attributable to owners of the Company - - - 15,942 15,942 
Other comprehensive loss for the year                -                -          (421)                -        (421) 
Total comprehensive loss - - (421) 15,942 15,521 
Shares issued in connection with:      
a) Merger with Texon 132,092 - - - 132,092 
b) Private placement 47,398 - - - 47,398 
c) Exercise of stock options 813 - - - 813 
Cost of capital raising, net of tax (1,989) - - - (1,989) 
Stock compensation value of services                -      1,590                 -                -       1,590 
Balance at 31 December 2013   237,008      5,635      (1,516)   106,114   347,241 
      
Profit attributable to owners of the Company - - - 15,321 15,321 
Other comprehensive income for the year                -               -             684                -           684 
Total comprehensive income - - 684 15,321 16,005 
Shares issued in connection with:      
a) Private placement 72,178 - - - 72,178 
b) Exercise of stock options 260 - - - 260 
Cost of capital raising, net of tax (2,593) - - - (2,593) 
Stock compensation value of services                -      1,915                 -                -        1,915 
Balance at 31 December 2014   306,853      7,550      (832)   121,435   435,006 
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