20974 29Metals AR23 WEB V1 - Flipbook - Page 186
29Metals 2023 Annual Report
182
Consolidated Financial Statements continued
107
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Consolidated Financial Statements
Note 30: Share capital and Reserves
(a) Share capital
2023
Number of
shares
ϳϬϭ͕ϯϭϱ͕ϯϯϬ
ϳϬϭ͕ϯϭϱ͕ϯϯϬ
ϳϬϭ͕ϯϭϱ͕ϯϯϬ
Note
rdinary share capital shares
DŽǀĞŵĞŶƚŝŶĞƋƵŝƚLJĚƵƌŝŶŐƚŚĞLJĞĂƌ͗
2022
$’000
Number of
shares
$’000
ϳϵϱ͕ϰϵϴ
ϰϴϭ͕ϯϱϲ͕Ϭϵϵ
ϲϰϴ͕ϰϲϰ
ϰϴϭ͕ϯϱϲ͕Ϭϵϵ
ϲϰϴ͕ϰϲϰ
ϰϴϭ͕ϯϱϲ͕Ϭϵϵ
ϲϰϴ͕ϰϲϰ
alance at the beginning o the year
ew shares iss e
a i
hares iss ed to on e ec tive Directors rom alary acri ice hare lan
d
hares iss ed to settle share – based payments
b
ransaction costs net o ta
a ii
i
ii
roceeds rom an iss e o
D ring the year ended December
share capital
shares in eptember and ctober
amo nted to
transaction costs o
be ore ta
ϳϵϱ͕ϰϵϴ
be ore transaction costs
a ter ta directly related to the iss e o shares has been netted o against
Recognition and measurement
Share capital
rdinary shares are classi ied as e ity ncremental costs directly attrib table to the iss e o new shares or options are shown in e ity as a ded ction
net o ta rom the proceeds ncremental costs directly attrib table to the iss e o new shares or options or or the ac isition o a b siness are
incl ded in the cost o the ac isition as part o the p rchase consideration
oted lly paid ordinary shares entitle the holder to participate in dividends and the proceeds on winding p o the Company in proportion to the
n mber o and amo nts paid on the shares held n a show o hands every holder o ordinary shares present at a meeting in person or by pro y is
entitled to one vote and pon a poll each share is entitled to one vote
Dividend distribution
Dividends are recognised as a liability in the year in which the dividends are approved by the Company’s shareholders or the oard as appropriate
(b) Nature and purpose of reserves
description o the nat re and p rpose o each reserve is provided below
^ŚĂƌĞͲďĂƐĞĚƉĂLJŵĞŶƚZĞƐĞƌǀĞ he share based payment reserve is sed to record the val e o share based payments
in ormation regarding share based payments
dƌĂŶƐůĂƚŝŽŶZĞƐĞƌǀĞ
operations
107
e er to ote
or
rther
he translation reserve comprises all oreign c rrency di erences arising rom the translation o the inancial statements o oreign
