ESR AR 2019 EN

Notes to the Consolidated Financial Statements 31 December 2019 224 Focused 44. RESERVES (continued) (b) The Company Share premium Share option reserve Exchange fluctuation reserve Accumulated losses Investment reserve (non-recycling) Other reserve Total USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 USD’000 As at 1 January 2019 1,370,398 25,341 (8,304) (153,042) 6,607 – 1,241,000 Loss for the year – – – (145,707) – – (145,707) Change in fair value of financial assets at fair value through other comprehensive income – – – – 2,204 – 2,204 Share of other comprehensive income of joint ventures – – 2,039 – – – 2,039 Total comprehensive loss for the year – – 2,039 (145,707) 2,204 – (141,464) Profit attributable to holders of perpetual capital securities – – – (8,250) – – (8,250) Issue of new shares pursuant to Global Offering 601,004 – – – – – 601,004 Share issue expenses (11,958) – – – – – (11,958) Issue of shares upon exercise of share options 7,584 (7,603) – – – – (19) Conversion of redeemable convertible preference shares 75,498 – – – – – 75,498 Redemption of redeemable convertible preference shares – – – – – 29,218 29,218 Settlement of share options by cash – (10,391) – (4,849) – – (15,240) Transfer of share option reserve upon the forfeiture of share option – (15) – 15 – – – Equity-settled share option arrangement – 18,469 – – – – 18,469 As at 31 December 2019 2,042,526 25,801 (6,265) (311,833) 8,811 29,218 1,788,258