59 Consolidated statement of changes in equity  For the year ended 31 December 2012  For further details, please refer to note 19.  Other reserves  Ordinary Shares US$000 Additional paid-in  capital US$000 Retained earnings  (Accumulated  deficit) US$000 Currency  translation  adjustment US$000 Hedges  US$000  Employee stock  purchase plan  shares US$000 Total US$000 Balance at 1 January 2011  12,380 202,416 (3,961) (1,717) 69  (3,915) 205,272 Total comprehensive income (loss)  – – 57,352 (162) (6,441) – 50,749 Sale of employee stock purchase plan shares  – 1,495 – – –  757 2,252 Equity settled transactions, net of tax  – – 6,331 – –  – 6,331 Changes in Equity total  – 1,495 63,683 (162) (6,441) 757 59,332 Balance at 31 December 2011 / 1 January 2012  12,380 203,911 59,722 (1,879) (6,372) (3,158) 264,604 Total comprehensive income (loss)  – – 62,513 (85) 7,909  – 70,337 Conversion right embedded in Convertible  Bond  – 37,393 – – –  – 37,393 Convertible Bond transaction cost attributable  to conversion right  – (814) – – –  – (814) Capital Increase for employee share option  plan (gross proceeds) 472 2,680 – – –  (3,152) – Transaction cost of capital increase -  employee share option plan – (33) – – –  – (33) Sale of employee stock purchase plan shares  – 692 – – –  3,457 4,149 Equity settled transactions, net of tax  – – 6,955 – –  – 6,955 Changes in Equity total  472 39,918 69,468 (85) 7,909  305 117,987 Balance at 31 December 2012  12,852 243,829 129,190 (1,964) 1,537  (2,853) 382,591