DONACO INTERNATIONAL LIMITED 2018 ANNUAL REPORT 34 35 DONACO INTERNATIONAL LIMITED 2018 ANNUAL REPORT 35 34 STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 2018 ISSUED CAPITAL RESERVES RETAINED PROFITS NON– CONTROLLING INTEREST TOTAL EQUITY CONSOLIDATED $ $ $ $ $ Balance at 1 July 2016 360,968,368 24,574,755 92,630,958 1,136,345 479,310,426 Profit after income tax expense for the year – – 30,990,298 198,751 31,189,049 Other comprehensive loss for the year, net of tax – (15,422,693) – – (15,422,693) Total comprehensive income for the year – (15,422,693) 30,990,298 198,751 15,766,356 Transactions with owners in their capacity as owners: Acquisition of shares for Employee Share Trust (999,484) – – – (999,484) Dividends paid – – (8,246,843) – (8,246,843) Share–based payments – 273,716 – – 273,716 Balance at 30 June 2017 359,968,884 9,425,778 115,374,413 1,335,096 486,104,171 Balance at 1 July 2017 359,968,884 9,425,778 115,374,413 1,335,096 486,104,171 Loss after income tax expense for the year – – (124,510,815) 261,944 (124,248,871) Other comprehensive income for the year, net of tax – 13,600,431 – – 13,600,431 Total comprehensive loss for the year – 13,600,431 (124,510,815) 261,944 (110,648,440) Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs – – – 202,950 202,950 Shares issued to employees 766,014 (766,014) – – – Share buyback (2,077,953) – – – (2,077,953) Dividend paid – – (4,113,618) – (4,113,618) Share–based payments – 280,269 – – 280,269 Balance at 30 June 2018 358,656,945 22,540,464 (13,250,020) 1,799,990 369,747,379 The above statement of changes in equity should be read in conjunction with the accompanying notes. CONSOLIDATED Note 2018 2017 $ $ ASSETS Current assets Cash and cash equivalents 8 47,075,589 66,022,749 Trade and other receivables 9 10,545,030 20,402,807 Inventories 10 1,397,344 893,474 Prepaid construction costs 11 1,811,360 341,184 Other current assets 12 451,329 432,851 Total current assets 61,280,652 88,093,065 Non-current assets Property, plant and equipment 13 162,172,238 161,344,373 Intangibles (including licences) 14 254,064,321 389,140,234 Construction in progress 15 591,787 595,885 Other non-current assets 16 4,018 3,895 Total non-current assets 416,832,364 551,084,387 Total assets 478,113,016 639,177,452 LIABILITIES Current liabilities Trade and other payables 17 34,652,015 41,788,107 Borrowings 18 24,594,915 54,908,598 Financial liabilities 19 - 681,507 Income tax 20 2,008,402 1,127,767 Employee benefits 21 1,261,325 981,006 62,516,657 99,486,985 Non-current liabilities Borrowings – non current 22 45,806,572 53,553,627 Employee benefits – non current 23 42,408 32,669 Total non-current liabilities 45,848,980 53,586,296 Total liabilities 108,365,637 153,073,281 Net assets 369,747,379 486,104,171 EQUITY Issued capital 24 358,656,945 359,968,884 Reserves 25 22,540,464 9,425,778 Retained profits 26 (13,250,020) 115,374,413 Equity attributable to the owners of Donaco International Limited 367,947,389 484,769,075 Non-controlling interest 1,799,990 1,335,096 Total equity 369,747,379 486,104,171 The above statement of financial position should be read in conjunction with the accompanying notes. STATEMENT OF FINANCIAL POSITION As at 30 June 2018