74
75
BAKER TECHNOLOGY LIMITED ANNUAL REPORT 2012
BAKER TECHNOLOGY LIMITED ANNUAL REPORT 2012
balance
sheets
For the financial year ended 31december 2012
statementsof
changes inequity
asat 31december 2012
Group
Company
Note
2012
2011
2012
2011
$
$
$
$
Net current assets/(liabilities)
225,358,015 129,921,689 167,529,825
(760,825)
Net assets
268,142,893 171,791,257 219,570,058 48,993,485
Equity attributable to owners
of the Company
Share capital
26 50,316,870 36,053,443 50,316,870 36,053,443
Reserves
217,826,023 135,737,814 169,253,188 12,940,042
Total equity
268,142,893 171,791,257 219,570,058 48,993,485
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Attributable to owners of the Company
Share
capital
Capital
reserve
(1)
Retained
earnings
Fair value
reserve
Total
reserves
Total
equity
Group
(Note 26)
$
$
$
$
$
$
2012
At 1 January 2012
36,053,443 2,344,269 140,893,545 (7,500,000) 135,737,814 171,791,257
Profit for the year
–
– 81,591,158
– 81,591,158 81,591,158
Other comprehensive
income for the year
Reversal on fair value
changes of available-
for-sale investment
–
–
– 7,500,000 7,500,000 7,500,000
Total comprehensive
income for the year
–
– 81,591,158 7,500,000 89,091,158 89,091,158
Contributions by and
distributions to owners
Issuance of warrants
2,801,180
–
–
–
– 2,801,180
Warrant issue expenses
(258,010)
–
–
–
–
(258,010)
Issuance of new shares
from conversion of
warrants
11,720,257
–
–
–
– 11,720,257
Dividends on ordinary
shares (Note 33)
–
– (7,002,949)
– (7,002,949)
(7,002,949)
At 31December 2012
50,316,870 2,344,269 215,481,754
– 217,826,023 268,142,893
