Movements in provisions Movements in each class of provision during the current financial year, other than employee benefits, are set  out below: Consolidated - 30 June 2014 Project Closure Site Rehabilitation $’000 $’000 Carrying amount at the start of the year 6,795  5,811  Additional provisions recognised 971  1,917  Amounts transferred to current (4,457) - Unused amounts reversed - (414) Carrying amount at the end of the year 3,309  7,314  NOTE 30. EQUITY - ISSUED CAPITAL Consolidated 30 June 2014 Shares 30 June 2013 Shares 30 June 2014 $’000 30 June 2013 $’000 Ordinary shares 186,556,246  185,987,992  495,552  490,562  Movements in ordinary share capital Details Date Shares Issue price $’000 Balance 1 July 2012 184,856,018  484,739  Employee share options exercised 570,900  $2.11  1,203  Share issued for dividend reinvestment 561,074  $8.92  5,005  Employee share trust contributions - (385) Balance 30 June 2013 185,987,992  490,562  Employee share options exercised 200,000  $4.11  822  Share issued for dividend reinvestment 368,254  $11.32  4,168  Balance 30 June 2014 186,556,246  495,552  Ordinary shares Share buy-back Capital risk management Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the Company  in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par  value and the Company does not have a limited amount of authorised capital. On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll  each share shall have one vote. There is no current on-market share buy-back scheme.  The Consolidated Entity’s objectives when managing capital are to safeguard its ability to continue as a going  concern, so that it can provide returns for shareholders and benefits for other stakeholders and to maintain an  optimum capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Consolidated Entity may adjust the amount of dividends  paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. The Consolidated Entity may look to raise capital when an opportunity to invest in a business or company  was seen as value adding relative to the current parent entity’s share price at the time of the investment. The  Consolidated Entity is actively pursuing additional investments in the short term as it continues to integrate and  grow its existing businesses in order to maximise synergies. The Consolidated Entity is subject to certain financing arrangements covenants and meeting these is given  priority in all capital risk management decisions. There have been no events of default on the financing  arrangements during the financial year. Mineral Resources Limited Annual Report 2014  81 Notes to the  Financial  Statements For personal use only 30 June 2014 Notes to the Financial Statements