News Column

Teranga Gold Corporation: December Quarter and 2012 Year End Report

Page 7 of 10

TERANGA GOLD CORPORATION

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(US$000's)

                                             Twelve months   Fifteen months                                                     ended            ended                                              December 31,     December 31,                                                      2012             2011----------------------------------------------------------------------------Issued capitalAt January 1, 2012 / October 1, 2010               305,412 Shares issued on incorporation of the  Company                                                -                - Shares issued on the acquisition of the  Sabodala gold mine and a regional  exploration package                                    -          186,665 Shares issued from public and private  offerings                                              -          135,005  Less: Share issue costs                                -          (16,258)----------------------------------------------------------------------------At December 31                                     305,412          305,412----------------------------------------------------------------------------Foreign currency translation reserveAt January 1, 2012 / October 1, 2010                  (935)               - Exchange difference arising on  translation of Teranga corporate entity              (63)            (935)----------------------------------------------------------------------------At December 31                                        (998)            (935)----------------------------------------------------------------------------Equity-settled share based compensation reserveAt January 1, 2012 / October 1, 2010                12,599                - Equity-settled share based compensation  reserve                                            3,759           12,599----------------------------------------------------------------------------At December 31                                      16,358           12,599----------------------------------------------------------------------------Investment revaluation reserveAt January 1, 2012 / October 1, 2010                (1,319)               - Impairment of available for sale  financial asset                                    1,319                - Change in fair value of available for  sale financial asset, net of tax                   5,456           (1,319)----------------------------------------------------------------------------At December 31                                       5,456           (1,319)----------------------------------------------------------------------------Accumulated income/(loss)At January 1, 2012 / October 1, 2010               (43,375)               - Profit/(Loss) attributable to  shareholders                                      79,924          (16,040) Impact of change in accounting policy                   -          (27,335)----------------------------------------------------------------------------At December 31                                      36,549          (43,375)----------------------------------------------------------------------------Non-controlling interestAt January 1, 2012 / October 1, 2010                (3,713)               - Non-controlling interest arising from  demerger - November 23, 2010                           -           (7,036) Non-controlling interest - portion of  profit for the period                             14,161            3,323----------------------------------------------------------------------------At December 31                                      10,448           (3,713)----------------------------------------------------------------------------Total shareholders' equity at December 31          373,225          268,669----------------------------------------------------------------------------

Continued | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Next >>

Story Tools