IGO Interactive Annual Report 2019

Consolidated statement of changes in equity For the year ended 30 June 2019 (continued) Contributed equity $'000 Accumulated losses $'000 Hedging reserve $'000 Share- based payments reserve $'000 Acquisition reserve $'000 Foreign currency translation reserve $'000 Total equity $'000 Balance at 1 July 2018 1,879,094 (115,038) 1,393 13,340 - 38 1,778,827 Profit for the period - 76,085 - - - - 76,085 Other comprehensive income Effective portion of changes in fair value of cash flow hedges, net of tax - - (1,054) - - - (1,054) Currency translation differences - current period - - - - - (27) (27) Total comprehensive income for the period - 76,085 (1,054) - - (27) 75,004 Transactions with owners in their capacity as owners: Dividends paid - (23,619) - - - - (23,619) Share-based payments expense - - - 3,123 - - 3,123 Issue of shares - Employee Incentive Plan 1,036 - - (1,036) - - - Shares issued on acquisition of Southern Hills Tenements 15,725 - - - - - 15,725 Balance at 30 June 2019 1,895,855 (62,572) 339 15,427 - 11 1,849,060 The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes. Independence Group NL 5 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2019 IGO ANNUAL REPORT 2019 — 69