Statements of Changes in Shareholders’ Equity

Group

Share capital £’000

Share premium £’000

Merger reserve £’000

Other reserves £’000

Retained deficit

£’000

Attributable to equity holders of the parent £’000

Minority interest £’000

TOTAL EQUITY £’000

Balance at 1 July 2007

935

21,472

50,474

271

(14,775)

58,377

11

58,388

Exchange differences arising on translation

of overseas subsidiaries

–

–

–

3,927

–

3,927

–

3,927

Net income recognised directly in equity

–

–

–

3,927

–

3,927

–

3,927

Profit for the year

–

–

–

–

3,337

3,337

1

3,338

Total recognised income for the year

–

–

–

3,927

3,337

7,264

1

7,265

Share based payments

–

–

–

–

678

678

–

678

Balance at 30 June 2008

935

21,472

50,474

4,198

(10,760)

66,319

12

66,331

Exchange differences arising on translation

of overseas subsidiaries

–

–

–

2,330

–

2,330

–

2,330

Net income recognised directly in equity

–

–

–

2,330

–

2,330

–

2,330

Loss for the year

–

–

–

–

(3,621)

(3,621)

–

(3,621)

Total recognised income/(expense)

for the period

–

–

–

2,330

(3,621)

(1,291)

–

(1,291)

Share based payments

–

–

–

–

573

573

–

573

Options and warrants exercised

1

–

–

–

–

1

–

1

Share capital issued

97

1,722

–

–

–

1,819

–

1,819

Share issue expenses

–

(63)

–

–

–

(63)

–

(63)

Purchase of minority interests

–

–

–

–

–

–

(12)

(12)

Balance at 30 June 2009

1,033

23,131

50,474

6,528

(13,808)

67,358

–

67,358

Company

Balance at 1 July 2007

935

21,472

55,574

686

(10,997)

67,670

Profit for the year

–

–

–

–

149

149

Total recognised income for the year

–

–

–

–

149

149

Share based payments

–

–

–

–

678

678

Balance at 30 June 2008

935

21,472

55,574

686

(10,170)

68,497

Loss for the year

–

–

–

–

(1,505)

(1,505)

Total recognised expense for the year

–

–

–

–

(1,505)

(1,505)

Options and warrants exercised

1

–

–

–

–

1

Share capital issued

97

1,722

–

–

–

1,819

Share issue expenses

–

(63)

–

–

–

(63)

Share based payments

–

–

–

–

573

573

Balance at 30 June 2009

1,033

23,131

55,574

686

(11,102)

69,322

The notes on pages 43 to 64 are an integral part of these consolidated financial statements.