| Shareholders' equity |
Note 6: Shareholders’ equity
| a. |
Issued and fully paid share capital
|
| |
|
Number of shares
|
Share capital
USD’000
|
|
| |
At 1 January 2026
|
512,563,532
|
1,093,055
|
|
| |
Cancellation of treasury shares
|
(12,721,253)
|
(27,129)
|
|
| |
At 30 June 2026
|
499,842,279
|
1,065,926
|
|
| |
|
|
|
|
| |
At 1 January 2025 and 31 December 2025
|
512,563,532
|
1,093,055
|
|
For details on prior year comparatives, refer to Item 17. Financial Statements of our 2025 Form 20-F.
The reserve for the Company’s treasury shares comprises the cost of the Company’s shares held by the Group. As at 30 June 2026, the Group held 60,974 of the Company’s shares (31 December 2025: 14,573,890),
of which the Company cancelled 12,721,253 shares during the financial year 2026.
| |
(i)
|
|
As of 30 June 2026
USD’000
|
As of 31 December 2025
USD’000
|
|
| |
|
Composition:
|
|
|
|
| |
|
Share based payment reserve
|
4,897
|
6,589
|
|
| |
|
Hedging reserve
|
8,399
|
7,826
|
|
| |
|
Capital reserve
|
480,899
|
480,270
|
|
| |
|
Translation reserve
|
108
|
127
|
|
| |
|
Fair value reserve
|
58,278
|
(26,051)
|
|
| |
|
Total
|
552,581
|
468,761
|
|
| |
(ii)
|
Movements of the reserves are as follows:
|
For the 6 months ended 30 June 2026
USD’000
|
For the 6 months ended 30 June 2025
USD’000
|
|
| |
|
Hedging reserve
|
|
|
|
| |
|
At beginning of the financial period
|
7,826
|
20,705
|
|
| |
|
Fair value gains/(losses) on cash flow hedges
|
3,447
|
(3,770)
|
|
| |
|
Reclassification to profit or loss
|
(2,874)
|
(5,734)
|
|
| |
|
At end of the financial period
|
8,399
|
11,201
|
|
| |
|
|
|
|
|
| |
|
Fair value reserve
|
|
|
|
| |
|
At beginning of the financial period
|
(26,051)
|
10,906
|
|
| |
|
Disposal of FVOCI
|
(338)
|
–
|
|
| |
|
Fair value gains on revaluation
|
84,667
|
–
|
|
| |
|
At end of the financial period
|
58,278
|
10,906
|
|
|