66 Financial Statements Statement of Changes in Equity for the year ended 30 June 2013 The above Statement of Changes in Equity should be read in conjunction with the accompanying notes. www.kingsgate.com.au Note Contributed  equity  $’000 Reserves  $’000 Retained  profits  $’000 Total  $’000 Non- controlling  interests  $’000 Total equity  $’000 Balance at 1 July 2011 482,874 (26,528) 143,468 599,814 7,109 606,923 (Loss) / profit after income tax – – 75,159 75,159 – 75,159 Total other comprehensive income for the year – 1,605 – 1,605 – 1,605 Total comprehensive income for the year 19b – 1,605 75,159 76,764 – 76,764 Transaction with owners in their capacity as owners: Contributions of equity, net of transaction costs 18 2,068 – – 2,068 – 2,068 Institutional share placement 18 70,000 – – 70,000 – 70,000 Issue of ordinary shares related to Bowdens  acquisition of subsidiaries and assets 18 30,000 – – 30,000 – 30,000 Issue of ordinary shares as part consideration  for the settlement of a legal dispute 18 3,024 – – 3,024 – 3,024 Issue of ordinary shares related to loan facility  repayment 18 11,652 – – 11,652 – 11,652 Dividends provided for or paid 22 – – (22,025) (22,025) – (22,025) Movement in share-based payment reserve 19a – 8,919 – 8,919 – 8,919 Total transactions with owners 116,744 8,919 (22,025) 103,638 – 103,638 Total contribution by and distribution to  owners of Kingsgate Consolidated Limited 599,618 (16,004) 196,602 780,216 7,109 787,325 Acquisition of non-controlling interests – (4,403) – (4,403) ( 7,10 9 ) (11,512) Balance at 30 June 2012 599,618 (20,407) 196,602 775,813 – 775,813 Balance at 1 July 2012 599,618 (20,407) 196,602 775,813 – 775,813 (Loss) / Profit after income tax – – (323,726) (323,726) – (323,726) Total other comprehensive income for the year – 40,364 – 40,364 – 40,364 Total comprehensive income for the year 19b – 40,364 (323,726) (283,362) – (283,362) Transaction with owners in their capacity as owners: Contributions of equity, net of transaction costs 18 4,374 – – 4,374 – 4,374 Issue of ordinary shares as part consideration  for the settlement of a legal dispute 18 1,512 – – 1,512 – 1,512 Dividends provided for or paid 22 – – (22,739) (22,739) – (22,739) Movement in share-based payment reserve 19a – (1,638) – (1,638) – (1,638) Total transactions with owners 5,886 (1,638) (22,739) (18,491) – (18,491) Balance at 30 June 2013 605,504 18,319 (149,863) 473,960  – 473,960