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DYNA-MAC HOLDINGS LTD.
2016 ANNUAL REPORT
95
Performance At A Glance
Financial Report
Corporate Governance and Transparency
Sustainable Growth
Year in Review
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2016
26.
SHARE CAPITAL
No. of
ordinary
shares
Amount
‘000
$’000
Group and Company
2016
Beginning and end of financial year
1,023,211
145,271
2015
Beginning and end of financial year
1,023,211
145,271
All issued ordinary shares are fully paid. There is no par value for these ordinary shares.
Fully paid ordinary shares carry one vote per share and carry a right to dividends as and when declared by
the Company.
27.
OTHER RESERVES
Group
2016
2015
$’000
$’000
(a) Composition:
Cash flow hedge reserve
–
(624)
Foreign currency translation reserve
77
100
Asset revaluation reserve
633
633
710
109
(b) Movements:
(i) Cash flow hedge reserve
Beginning of financial year
(624)
–
Fair value gains
–
678
Reclassification to profit or loss
– Other gains and losses
624
(1,302)
End of financial year
–
(624)
(ii) Foreign currency translation reserve
Beginning of financial year
100
(643)
Transaction with owners, recognised directly in equity
200
–
Net currency translation differences of financial
statements of foreign subsidiaries
(293)
680
Non-controlling interests
70
63
(23)
743
End of financial year
77
100
(iii) Asset revaluation reserve
Beginning of financial year
633
–
Revaluation gains
–
633
End of financial year
633
633